2-bedroom house · ME12 2QD
Listing removedReduced £20k (−11.8%) on 5 AugListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Asking Price - £178,000 Located on Richmond Street in the charming town of Sheerness, this delightful two-bedroom end-terraced house presents an excellent opportunity for those seeking a home with potential.
The property boasts two generously sized bedrooms, perfect for a small family or professionals looking for extra space.
Upon entering, you will find two good-sized reception rooms that offer a warm and inviting atmosphere, ideal for both relaxation and entertaining.
The double doors lead seamlessly to a quaint courtyard garden, providing a lovely outdoor space to enjoy the fresh air, just a stone's throw away from the stunning Blue Flag beach.
This residence is conveniently located within walking distance to local primary and secondary schools, making it an excellent choice for families.
Additionally, the town centre is a mere five-minute stroll away, offering a variety of shops, cafes, and amenities to cater to your daily needs.
While the property is in need of modernising, it presents a fantastic opportunity for buyers to put their own stamp on it and create a home tailored to their tastes.
With a council tax band of A, this property is not only appealing in terms of space and location but also offers affordability in terms of ongoing costs.
In summary, this two-bedroom end-terraced house on Richmond Street is a promising prospect for those looking to invest in a property with great potential in a desirable area.
Don't miss the chance to make this house your home.
Exterior Hallway Living Room (4.351 x 3.352 (14'3" x 10'11")) Dining Room (3.373 x 2.513 (11'0" x 8'2")) Kitchen (3.532 x 2.265 (11'7" x 7'5")) Bathroom (2.293 x 1.638 (7'6" x 5'4")) Landing Bedroom 1 (4.451 x 3.414 (14'7" x 11'2")) Bedroom 2 (3.419 x 2.884 (11'2" x 9'5")) Courtyard
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 10, Richmond Street, Sheerness
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