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Smith Street, Strood

South East

£200,000
Listed on 05/01/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

This mid-terrace house, situated in the bustling area of Strood, presents a fantastic canvas for renovation enthusiasts. While some updating is essential, the property's layout and features offer intriguing potential for transformation into a modern family home. The two reception rooms provide adaptable spaces that can be tailored to suit your lifestyle needs—whether that’s creating an open-plan design or maintaining distinct living and dining areas. With two bedrooms and a practical bathroom configuration, this home is well-suited for couples or small families looking to establish roots in a vibrant community. Conveniently located near transport links including the train station and major roadways (M2/A2), along with easy access to local shops and amenities, this property combines comfort with accessibility. The inclusion of both a downstairs WC and an upstairs bathroom enhances the home's practicality. A flat rear garden adds outdoor space which can be developed further to create a private retreat. This property holds significant potential for those willing to invest time into renovations, ensuring it meets modern standards while reflecting personal style. This could be an ideal opportunity for first-time buyers or savvy investors aiming to capitalize on this appealing location.

Investment Analysis

(ME2 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£332
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.4%
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

Smith Street, Strood
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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