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Pepys Way, Strood, Rochester - Image 1
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Pepys Way, Strood, Rochester

South East

£390,000
Listed on 06/07/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
871 sqft

Description

Located in the well-regarded Pepys Way area of Strood, this three-bedroom house represents a promising opportunity for both families and investors. The property features a spacious layout marked by a wide hallway that leads to two comfortable reception rooms, offering versatility for everyday living and entertaining. The fitted kitchen provides a practical space that connects effortlessly to the main entrance, making it an inviting spot for family gatherings. On the first floor, you’ll find a conveniently placed bathroom, which enhances the functionality of the home. The exterior includes a front garden that contributes to its visual appeal, while the expansive rear garden presents ample possibilities for outdoor enjoyment or potential landscaping projects. A detached garage adds further utility, alongside a driveway that can accommodate up to three vehicles. Notably, this property holds significant renovation and extension potential—subject to planning approval—allowing buyers to customize and expand according to their specific needs. The location is bolstered by nearby amenities, enhancing day-to-day convenience and lifestyle. With its combination of size, location advantages, and investment prospects, this property is worth considering for those looking to make their mark in an evolving community.

Investment Analysis

(ME2 area)

Above Market Value

This property is priced +29.4% above area average per sq ft

+29.4%
This Property
£448/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£331,455
10% above area average per sq ft
Potential ROI
-22.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (ME2)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 1.1%
5 year growth: 17.8%
Investment Disclaimer: Analysis based on ME2 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

Pepys Way, Strood, Rochester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,429
Based on a loan of £292,500 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE