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Silverweed Road, Chatham, ME5

South East

£245,000
Listed on 17/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
1079 sqft

Description

This two-bedroom extended house presents an excellent opportunity for buyers looking to infuse their personal style and renovate a property to create their ideal home. The layout features an entrance hall that leads into a kitchen/diner equipped with a selection of fitted wall and base units, offering a functional space for culinary activities. Further along, the generously sized lounge/family room provides ample room for relaxation and entertainment, seamlessly connecting to a conservatory that enhances natural light and could serve as a cozy retreat or additional living space. Upstairs, you'll find two double bedrooms, both featuring built-in wardrobes which can be reconfigured or updated according to preference, alongside a family bathroom awaiting modernization. The exterior includes an enclosed garden with rear access to the garage, adding practicality, while off-street parking is available at the front of the property. Given its current condition and potential for enhancement, this house represents a promising investment for renovation enthusiasts in the South East.

Investment Analysis

(ME5 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£227/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£304
Avg Yield
4.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£424,673
10% above area average per sq ft
Potential ROI
+49.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
50
Average per month
Market Turnover
33%
Properties sold annually

Local Market Trend (ME5)

Area prices are rising by +4.2% over the last 12 months
3 year growth: +2.9%
5 year growth: +18.9%
Investment Disclaimer: Analysis based on ME5 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

Silverweed Road, Chatham, ME5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£884
Based on a loan of £183,750 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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