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St. Margaret's Street, Rochester

South East

£75,000

Listed on 28/06/2026

Property details

Bedrooms
2
Type
Apartment

Description

This two-bedroom second-floor apartment presents a unique opportunity for those looking to invest in a property ripe for renovation. Situated in the desirable area of St Margaret's Street, Rochester, the flat features a long hallway that offers ample storage, two well-proportioned bedrooms, and a lounge with access to a balcony that showcases stunning views over the river Medway and surrounding countryside. Although the apartment requires complete refurbishment throughout, it holds significant potential to transform into an attractive home or investment property. The location is particularly appealing due to its proximity to Churchfields open space, the historic Dickensian High Street with its array of dining and shopping options, and highly regarded schools nearby. With fast train links to London St Pancras just a short walk away, this property could be an excellent addition to your portfolio. Interested buyers are encouraged to view early as opportunities like this are scarce.

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Investment analysis

(ME1 area)
Area Average
£359/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (ME1)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -2.9%
5 year growth: +3.2%
Investment Disclaimer: Analysis based on ME1 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

St. Margaret's Street, Rochester
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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
£283
Based on a loan of £56,250 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

Next Steps

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