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Povey Avenue, Wainscott, Rochester, Kent, ME2

South East

£425,000
Listed on 14/02/2026

Property Details

Bedrooms
4
Type
Semi-detached house
Area
1308 sqft

Description

Located in the desirable neighborhood of Wainscott, this four-bedroom end-of-terrace property is a promising investment opportunity for those looking to create their ideal home. Set on a spacious 0.19-acre plot, the south-east facing rear garden provides ample outdoor space that can be transformed into a private retreat or entertaining area. The house features a double-storey extension which adds functionality with a cloakroom, utility room, and a versatile study/playroom—perfect for remote work or hobbies. While the interior benefits from good-sized reception rooms and four well-proportioned bedrooms, it requires updating throughout, presenting a chance to modernize it according to current standards and personal tastes. This property is being sold with no onward chain, making it an attractive option for prospective buyers eager to embark on a renovation project in a sought-after location.

Investment Analysis

(ME2 area)

Below Market Value

This property is priced -6.0% below area average per sq ft

-6.0%
Potential saving
This Property
£325/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£332
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£497,465
10% above area average per sq ft
Potential ROI
+2.6%
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
44%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.4%
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

Povey Avenue, Wainscott, Rochester, Kent, ME2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,533
Based on a loan of £318,750 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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