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Longhill Avenue, Chatham

South East

£60,000
Listed on 09/03/2026

Property Details

Bedrooms
1
Type
Flat
Area
450 sqft

Description

This chain-free one-bedroom flat in Chatham presents a valuable opportunity for cash buyers, particularly those looking to invest in a renovation project. The property features an open-plan layout that combines the reception area and kitchen, allowing for versatile living arrangements and numerous design possibilities during refurbishment. The accommodation includes a double bedroom and a bathroom, making it suitable for singles or couples alike. Located near Chatham's town centre, residents can enjoy close access to a wide array of local amenities including supermarkets, shops, cafés, and leisure facilities. Commuters will benefit from the nearby Chatham railway station which offers efficient services to central London in approximately 40–50 minutes. Additionally, the property is well-connected by road to major routes like the A2 and M2. This flat presents excellent potential for investors seeking a project that can be customized to their vision while benefiting from the convenient location of Chatham with its strong community offerings and transport links.

Investment Analysis

(ME5 area)

Below Market Value

This property is priced -62.8% below area average per sq ft

-62.8%
Potential saving
This Property
£133/sq ft
Area Average
£358/sq ft
Avg Rent (weekly)
£313
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£177,359
10% above area average per sq ft
Potential ROI
+108.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME5)

Area prices are rising by +4.6% over the last 12 months
3 year growth: +3.0%
5 year growth: +18.2%
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

Longhill Avenue, Chatham
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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
£216
Based on a loan of £45,000 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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