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Rainham Road, Chatham

South East

£250,000
Listed on 08/11/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This Victorian house, located on Rainham Road in Chatham, offers a unique opportunity for those looking to invest in a property with significant renovation potential. Dating back to the late 1890s, the home retains a traditional layout that can be revitalized into an exceptional family residence or a profitable investment. The interior features three separate bedrooms, providing flexibility for family living or guest accommodation. The first floor includes a shower room, offering convenience and privacy away from the main sleeping areas. Two spacious reception rooms are perfect for social gatherings or quiet family evenings, while the galley kitchen presents a practical space awaiting updates to enhance its functionality. A small sunroom adds charm and invites natural light, making it an appealing spot for leisure or morning routines. While the property does require refurbishment throughout, its original characteristics provide a solid foundation for creative transformation. With thoughtful renovations, this house could evolve into a modern home that reflects personal tastes and lifestyle needs. On the exterior, the property boasts a rear garden suitable for outdoor activities and gardening projects. The front courtyard garden enhances curb appeal and provides additional outdoor space. Located in an area known for its community feel and accessibility, this property stands out as an attractive option for both families seeking their next home and investors looking to expand their portfolio. With an energy performance certificate rated D and council tax band B, it is also a practical choice for budget-conscious buyers. This house represents not just a dwelling but an opportunity to mold a space into something truly special. Whether you envision it as your family home or as part of an investment strategy, the potential here is considerable.

Investment Analysis

(ME5 area)
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ME5)

Area prices are rising by +2.5% over the last 12 months
3 year growth: 2.9%
5 year growth: 20.7%
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

Rainham Road, Chatham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£916
Based on a loan of £187,500 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.

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