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Delce Road, Rochester, Kent, ME1 - Image 1
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Delce Road, Rochester, Kent, ME1

South East

£230,000
Listed on 15/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
474 sqft

Description

This semi-detached bungalow presents a promising opportunity for those looking to invest in a property with renovation potential. Comprising two well-proportioned double bedrooms, the home offers a solid foundation for transformation, making it suitable for first-time buyers, downsizers, or savvy investors aiming to add value. Conveniently located near essential local amenities—including shops, schools, and transport links—this property is strategically positioned to benefit from the area's accessibility. Inside, you’ll find a functional layout featuring a spacious living area and a fitted shower room. While some updates and modern touches are needed to bring it up to contemporary standards, the existing space allows for creative reinvention. The generous rear garden is a standout feature, offering ample room for outdoor activities or potential landscaping projects. Additionally, there’s an opportunity to explore off-road parking options at the back of the property, subject to necessary permissions. With its prime location and inherent possibilities for customization and improvement, this bungalow is not only a comfortable dwelling but also an appealing investment prospect in today’s market.

Investment Analysis

(ME1 area)

Above Market Value

This property is priced +34.5% above area average per sq ft

+34.5%
This Property
£485/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£188,147
10% above area average per sq ft
Potential ROI
-27.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (ME1)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 0.5%
5 year growth: 7.6%
Investment Disclaimer: Analysis based on ME1 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

Delce Road, Rochester, Kent, ME1
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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
£843
Based on a loan of £172,500 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