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Princes Avenue, Walderslade, Chatham, ME5

South East

£450,000
Listed on 26/11/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1130 sqft

Description

This uniquely designed detached bungalow presents an excellent opportunity for renovation and expansion on a generously sized plot. With potential for extension, subject to planning permission, it is ideally situated in a sought-after area that offers convenient access to local amenities, schools, and public transport to Maidstone and Chatham town centers. The property features an entrance porch leading into a welcoming hallway. The spacious lounge/dining area boasts French doors opening onto the rear garden, providing a seamless flow between indoor and outdoor spaces. The kitchen includes fitted wall and base units, equipped with a double oven and electric hob, along with a separate utility room that has side access. Comprising three well-proportioned double bedrooms, one of which has fitted sliding wardrobes and direct access to a terrace, this bungalow also contains a modern family bathroom alongside an additional separate WC. Outside, the rear garden is primarily laid to lawn with multiple trees and shrubs, making it an ideal space for family gatherings or children's activities. Furthermore, there is a workshop with power supply, a greenhouse, and opportunities for vegetable plots for gardening enthusiasts. The property is complemented by side access leading to a driveway capable of accommodating several vehicles.

Investment Analysis

(ME5 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£398/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£442,881
10% above area average per sq ft
Potential ROI
-11.4%
After renovation
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

Princes Avenue, Walderslade, Chatham, ME5
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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
£1,648
Based on a loan of £337,500 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