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Old Watling Street-Higham

South East

£650,000
Listed on 18/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1934 sqft

Description

This four-bedroom detached bungalow, set on a generous corner plot, presents a unique opportunity for those looking to invest in a property with significant renovation potential. With ample living space and a layout conducive to modern family living, this home is primed for personalization and enhancement. The property features four spacious double bedrooms, with two benefiting from dual-aspect windows that allow for abundant natural light. The main bathroom includes contemporary fixtures such as a walk-in shower and corner jacuzzi bath, providing both comfort and functionality. Additional practical spaces include a utility room, a separate WC, and several storage cupboards throughout the home. The large living room boasts multiple aspect windows and a log burner, offering an inviting atmosphere for family gatherings. The kitchen is fully fitted with an Esse range cooker and ample cupboard space, complemented by a separate dining room that opens onto the garden. Outside, the expansive wraparound garden is enclosed by well-established hedges providing privacy and features vegetable plots along with a sizable patio area ideal for outdoor entertaining. A double garage/workshop with electric doors adds convenience and the driveway accommodates multiple vehicles. The property's corner plot indicates potential for expansion or reconfiguration (subject to planning approval), whether through adding conservatory space or elevating the structure to create additional bedrooms. Located in a peaceful residential area of Higham, residents enjoy easy access to local amenities including a family-friendly pub just steps away. The surrounding countryside offers scenic walking trails while essential services such as primary schools, convenience stores, and transport links are within easy reach. Strood train station is less than two miles away, connecting commuters to central London in approximately 33 minutes. The vibrant Medway Valley Leisure Park nearby features various entertainment options including cinemas and restaurants, while historic Rochester—renowned for its stunning cathedral and annual events—is just across the River Medway. This property not only offers comfortable living but also stands out as an appealing investment opportunity in an enviable location.

Investment Analysis

(ME2 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£336/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£332
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£735,549
10% above area average per sq ft
Potential ROI
+5.1%
After renovation
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

Old Watling Street-Higham
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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
£2,344
Based on a loan of £487,500 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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