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Merritt Road, Greatstone, Kent TN28 - Image 1
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Merritt Road, Greatstone, Kent TN28

South East

£200,000

Listed on 22/06/2026

Property details

Bedrooms
N/A
Type
Land

Description

Situated just off the seafront, this property presents a compelling opportunity for those with a vision. Spanning approximately 0.0919 acres, it includes a derelict bungalow and boasts scenic views enhanced by the adjacent Romney, Hythe and Dymchurch miniature railway. This unique location invites creativity and offers the potential to transform the existing structure into a bespoke residence, making it an ideal investment for renovation enthusiasts. With the right approach, this space could evolve into a dream home or rental property in a sought-after area.

Investment analysis

(TN28 area)
Area Average
£330/sq ft
Avg Rent (weekly)
£319
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TN28)

Area prices are rising by +8.3% over the last 12 months
3 year growth: -2.2%
5 year growth: +2.7%
Investment Disclaimer: Analysis based on TN28 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Merritt Road, Greatstone, Kent TN28
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

Price History

-11.1% since listed
£200,000£25,000(-11.1%)
14/07/2026
Current price
£225,000Initial listing
30/06/2026

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