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Plot 2B Sunderland Quay, Culpeper Close, Medway City Estate, Rochester, Kent, ME2 - Image 1
Plot 2B Sunderland Quay, Culpeper Close, Medway City Estate, Rochester, Kent, ME2 - Image 2

Plot 2B Sunderland Quay, Culpeper Close, Medway City Estate, Rochester, Kent, ME2

South East

£795,000
Listed on 19/08/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property features a predominantly rectangular, flat plot of land, currently maintained as a grassy area. The site is serviced, with various utilities readily available for prospective development. Its strategic location adjacent to established businesses such as Portal House and Invicta House offers significant exposure and accessibility, making it an appealing option for future investment. Surrounding facilities include reputable companies like Bio Health and London Care, which not only enhance the area’s profile but also indicate a thriving business environment ripe for growth. This location presents an excellent opportunity for owner-occupiers or developers looking to expand their footprint in the area. Given the zoning regulations, the site is ideal for a range of applications, including office spaces, business units, warehouses, or trade counters—subject to obtaining the necessary planning permissions. While it may not be suited for heavy storage or engineering uses, its versatility holds substantial potential for those looking to capitalize on local market trends. Overall, this property poses a promising investment opportunity within a well-established commercial landscape.

Investment Analysis

(ME2 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £50,000
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

Plot 2B Sunderland Quay, Culpeper Close, Medway City Estate, Rochester, Kent, ME2
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,912
Based on a loan of £596,250 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.

Next Steps

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