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Gravesend Road, Rochester, Kent, ME2 - Image 1
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Gravesend Road, Rochester, Kent, ME2

South East

£250,000
Listed on 06/01/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1161 sqft

Description

This mid-terrace house, offering ample living space across three levels, presents a promising opportunity for those looking to undertake a renovation project. The layout includes a front lounge, a separate dining area, a kitchen, and a bathroom on the ground floor. The first and second floors host four bedrooms, featuring a notably spacious loft-style principal bedroom equipped with an en suite bathroom. While the internal condition calls for significant modernization, this allows for customization to suit individual tastes and potentially increase property value. Outside, there is a manageable rear garden that complements the home. Situated within close proximity to local amenities, schools, and transport links, this property is particularly appealing to investors, developers, or owner-occupiers eager for a substantial residence in an established area with great potential.

Investment Analysis

(ME2 area)

Below Market Value

This property is priced -37.3% below area average per sq ft

-37.3%
Potential saving
This Property
£215/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£317
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £85,000
Target Value
£438,556
10% above area average per sq ft
Potential ROI
+30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by +1.4% over the last 12 months
3 year growth: -0.8%
5 year growth: 15.5%
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

Gravesend Road, Rochester, Kent, ME2
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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
£916
Based on a loan of £187,500 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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