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High Street, Chatham, Kent, ME4 4DS

South East

£900,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
4896 sqft

Description

This substantial freehold property in the centre of Chatham presents a unique investment opportunity with considerable renovation potential. Spanning nearly 4,900 sq ft across four floors and a basement, the building currently operates as a commercial restaurant/bar on the ground floor, featuring extensive kitchen facilities and two trading areas. Above this, an independent five-bedroom maisonette provides additional residential accommodation. The layout consists of a basement perfect for storage or prep work, while the ground floor includes two interconnected commercial spaces complete with bar and kitchen areas. The upper levels offer versatile living arrangements that could easily be adapted into a high-yield House in Multiple Occupation (HMO) or subdivided into apartments, given the successful precedents set by neighbouring properties. With its prime High Street location near shopping amenities and public transport options, this property is positioned well to benefit from the ongoing regeneration in the area. It offers various avenues for income generation—whether through retaining its current commercial use while leasing out the residential space, transforming it entirely into separate flats subject to planning consent, or exploring HMO opportunities. Given its size and configuration, this property not only serves immediate needs but also allows for strategic long-term investments in a bustling area that continues to attract interest from developers and investors alike.

Investment Analysis

(ME4 area)

Below Market Value

This property is priced -42.2% below area average per sq ft

-42.2%
Potential saving
This Property
£184/sq ft
Area Average
£318/sq ft
Avg Rent (weekly)
£296
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Target Value
£1,711,813
10% above area average per sq ft
Potential ROI
+58.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (ME4)

Area prices are falling by +5.2% over the last 12 months
3 year growth: -3.5%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on ME4 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

High Street, Chatham, Kent, ME4 4DS
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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
£3,297
Based on a loan of £675,000 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