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The Esplanade, Rochester

South East

£800,000
Listed on 13/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
2310 sqft

Description

This four-bedroom detached residence on The Esplanade in Rochester presents a distinctive investment opportunity, particularly appealing to those looking to tap into its renovation potential. With commanding views over the River Medway and generous living spaces spread across four levels, this property is primed for enhancement. Its strategic location ensures excellent access to high-speed rail connections to London, making it ideal for commuting professionals seeking a long-term home with character.

The layout includes a spacious living room that opens onto a balcony with river views, providing an excellent foundation for relaxing or entertaining. The kitchen/dining space offers functionality and has ample scope for modernisation or reconfiguration tailored to personal tastes.

With four well-sized bedrooms, including adaptable areas perfect for remote work or guest stays, this home is versatile. There are two bathrooms including a Jack and Jill setup between two of the bedrooms, catering to family needs while leaving room for potential upgrades. Notably, the loft area could be transformed into a principal suite or creative workspace as plumbing is already in place.

The tiered garden at the rear provides privacy and could be developed into an inviting outdoor entertainment space. A double garage with electric doors enhances practicality, especially in this central locale where off-street parking is often hard to find.

Situated within walking distance of Rochester railway station and the vibrant High Street filled with cafés and historic sites, this property represents a rare chance in an enviable riverside position, making it essential to act quickly.

Investment Analysis

(ME1 area)

Below Market Value

This property is priced -3.5% below area average per sq ft

-3.5%
Potential saving
This Property
£346/sq ft
Area Average
£359/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£911,584
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ME1)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.9%
5 year growth: +4.3%
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

The Esplanade, Rochester
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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
£2,885
Based on a loan of £600,000 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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