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Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ - Image 1
Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ - Image 2
Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ - Image 3
Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ - Image 4
Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ - Image 5

Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ

South East

£175,000
Listed on 06/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
1349 sqft

Description

This ground floor commercial space, located just off Chatham High Street, presents a remarkable investment and renovation opportunity. Currently functioning as a bar/events venue, the property includes a seating area, bar, sauna, and essential kitchen and restroom facilities. Notably, it boasts planning permission for the addition of a self-contained two-bedroom residential unit above, granted in July 2023. This enhancement could significantly increase both rental income and property value. The location is strategically positioned within walking distance of Chatham Railway Station with quick connections to London via HS2 and near The Pentagon Shopping Centre, enhancing its appeal for potential tenants or buyers. With a total net internal area of 1,349 sq ft (125.32 sq m), this site is ripe for professional refurbishment to maximize its full potential as both a commercial and residential asset.

Investment Analysis

(ME4 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£130/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£290
Avg Yield
6.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£464,757
10% above area average per sq ft
Potential ROI
+69.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ME4)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -3.7%
5 year growth: +8.9%
Investment Disclaimer: Analysis based on ME4 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

Rear Of 239 High Street, Solomons Road, Chatham, Kent, ME4 4BQ
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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
£631
Based on a loan of £131,250 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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