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Shanklin Close, Chatham, ME5 7QL - Image 1
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Shanklin Close, Chatham, ME5 7QL

South East

£300,000
Listed on 22/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
689 sqft

Description

Located in the sought-after Princess Park area of Walderslade, this three-bedroom semi-detached home presents a solid foundation for renovation and investment opportunities. The property boasts an appealing elevated position on a generously sized plot, making it an attractive option for those looking to enhance its potential. With no onward chain, this residence offers ease of transition into your future plans. Upon entry, you'll find the welcoming ambiance continues throughout the house, complemented by practical living spaces that receive ample natural light. The kitchen stands out as well-designed and modern, providing adequate worktop and storage space that caters to both culinary enthusiasts and everyday functionality. The bathroom is of a high standard, contributing to a sense of comfort and luxury. The highlight of this property lies in its expansive outdoor space. The side area presents significant possibilities for extension (subject to planning permissions), while the lower section of the rear garden remains underutilized, representing an opportunity for creative landscaping or additional outdoor features with some investment. Situated conveniently near essential amenities such as Morrison's supermarket and local shops in Walderslade Village, plus easy access to the Hempstead Valley shopping centre, this location is ideal for those seeking both convenience and community. Excellent transport links to major roadways alongside proximity to Chatham, Rochester, and Gillingham town centres provide further appeal for commuters.

Investment Analysis

(ME5 area)

Above Market Value

This property is priced +22.2% above area average per sq ft

+22.2%
This Property
£435/sq ft
Area Average
£356/sq ft
Avg Rent (weekly)
£315
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£270,040
10% above area average per sq ft
Potential ROI
-18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Shanklin Close, Chatham, ME5 7QL
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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
£1,099
Based on a loan of £225,000 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