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Hone Street, Strood

South East

£210,000
Listed on 28/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This freehold property features two spacious double bedrooms and offers a solid foundation for those looking to invest or create their ideal home. Located in Strood, it presents an excellent chance to personalize the space to your taste, with no chain involved. The accommodation includes a comfortable lounge and a separate dining room, which are well-suited for family gatherings or entertaining guests. The fitted kitchen provides ample opportunity for modern upgrades, while the bathroom and lobby area also require some updating to enhance functionality. Upstairs, you will find two generously sized double bedrooms. Additional features comprise gas central heating and double glazing throughout, along with a manageable rear garden perfect for outdoor activities or gardening enthusiasts. Its strategic location offers convenient access to Strood town centre, local schools, and the train station—all within walking distance. Ideal for first-time buyers or as a rental investment in a promising area.

Investment Analysis

(ME2 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£311
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
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

Hone Street, Strood
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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
£769
Based on a loan of £157,500 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