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Chatham, ME4

South East

£240,000
Listed on 29/04/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1168 sqft

Description

This three-bedroom terrace property, located on the sought-after Maidstone Road, presents an excellent opportunity for renovation and investment. With options to enhance the layout, add parking, or even extend the living space, this home is ripe with potential for both immediate improvement and long-term value appreciation. Depending on the extent of renovations undertaken and the inclusion of parking facilities, the estimated end value could rise significantly.

Investment Analysis

(ME4 area)

Below Market Value

This property is priced -33.8% below area average per sq ft

-33.8%
Potential saving
This Property
£205/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£294
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£398,545
10% above area average per sq ft
Potential ROI
+37.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (ME4)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -6.4%
5 year growth: +7.5%
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

Chatham, ME4
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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