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Elaine Avenue, Strood, Rochester, ME2 2YP - Image 1
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 2
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 3
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 4
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 5
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 6
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 7
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 8
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 9
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 10
Elaine Avenue, Strood, Rochester, ME2 2YP - Image 11

Elaine Avenue, Strood, Rochester, ME2 2YP

South East

£425,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
915 sqft

Description

Nestled in a quiet residential area just a mile from Strood Station, this detached home presents an appealing opportunity for those looking to invest or renovate. While it currently boasts a modern finish with luxury vinyl flooring and designer features, there is potential for further enhancement through thoughtful updates and personal touches. The kitchen dining area, which serves as the heart of the home, offers ample space that can be reconfigured to maximize functionality or incorporate additional storage solutions. The three bedrooms are well-sized, with the master featuring a striking tiled accent wall and bay windows, providing an opportunity to refresh or redesign according to contemporary styles. The third bedroom's current use as a walk-in wardrobe opens up possibilities for conversion into an office or children's room, catering to various needs. The exterior is equally promising, showcasing a spacious 100ft garden equipped with existing landscaping that could benefit from further development, such as extending the decking or enhancing outdoor living spaces. The summer house adds significant value with its unique amenities; however, there may be potential for an extension (subject to planning approval) to increase overall living space. For buyers seeking convenience, this property is chain-free and move-in ready but holds substantial potential for renovation to tailor it to your vision.

Investment Analysis

(ME2 area)

Above Market Value

This property is priced +34.3% above area average per sq ft

+34.3%
This Property
£464/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£348,199
10% above area average per sq ft
Potential ROI
-28.2%
After renovation
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

Elaine Avenue, Strood, Rochester, ME2 2YP
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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
£1,557
Based on a loan of £318,750 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