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Old Watling Street-Higham

South East

£650,000
Listed on 09/04/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1934 sqft

Description

This spacious detached bungalow offers a unique investment opportunity, set on an expansive corner plot rarely available in this area. Comprising four generously sized double bedrooms, this property boasts significant potential for renovation and expansion, making it ideal for a family looking to create their dream home. The master and fourth bedrooms come with dual aspect windows, enhancing the natural light, while fitted wardrobes are available in the first and third bedrooms for added convenience. The family bathroom features a modern design with both a walk-in shower and corner jacuzzi bath. There is also a separate utility room and WC that provide practical solutions for everyday living. The living room is particularly noteworthy, featuring a log burner and large windows that ensure a bright atmosphere, perfect for family gatherings. A well-appointed kitchen includes ample cupboard space along with an Esse range cooker, complemented by a dedicated dining room that opens directly onto the garden. The sizeable wrap-around garden is designed for privacy with established hedges lining the boundaries. It features vegetable plots and an inviting patio area suitable for outdoor entertaining. Additionally, the property includes a substantial double garage/workshop with electric doors, plus driveway space accommodating multiple vehicles. Crucially, there are options for further development or extensions (subject to planning permission), whether to add additional living spaces or even convert to accommodate more bedrooms. Located in a tranquil residential area of Higham, this home is conveniently close to local amenities including schools, shops, and recreational facilities such as Medway Valley Leisure Park. Excellent transport links further enhance its appeal, with Strood train station under two miles away offering swift access to London.

Investment Analysis

(ME2 area)

Below Market Value

This property is priced -4.0% below area average per sq ft

-4.0%
Potential saving
This Property
£336/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£313
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£744,696
10% above area average per sq ft
Potential ROI
+3.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by -1.0% over the last 12 months
3 year growth: -3.5%
5 year growth: +11.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% 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

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