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Wallace Road, Rochester

South East

£415,000
Listed on 09/02/2026

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom terraced home is a well-maintained property situated on the popular Wallace Road, known for its proximity to top-rated schools and convenient transport links. The home features a loft conversion that adds a spacious double bedroom, effectively making it a versatile family residence with all three bedrooms being doubles. The original third bedroom has been repurposed into an airy landing area that serves as a home office or relaxation space, catering to modern work-from-home needs. Off-road parking is available in front of the property, along with a south-facing garden and an external shed/workshop, providing ample storage and workspace options. With potential for further extension (subject to planning permissions), this house stands out for its immediate livability while also offering opportunities for future enhancements—a perfect fit for families looking for room to grow or first-time buyers seeking their ideal investment. Given the high demand for homes on Wallace Road, it’s advisable to arrange a viewing soon to explore both current comforts and potential developments.

Investment Analysis

(ME1 area)
Area Average
£360/sq ft
Avg Rent (weekly)
£287
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
21%
Properties sold annually

Local Market Trend (ME1)

Area prices are stable by +1.8% over the last 12 months
3 year growth: -0.7%
5 year growth: +5.7%
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

Wallace Road, Rochester
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,497
Based on a loan of £311,250 over 30 years at 4.06% 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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