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Luton Road, Chatham

South East

£300,000
Listed on 02/05/2026

Property Details

Bedrooms
4
Type
Terraced
Area
1206 sqft

Description

This substantial four-bedroom mid-terraced property spans three floors and presents an excellent opportunity for renovation and investment. Featuring a traditional bay-fronted design, it offers a variety of living spaces including a lounge, dining room, and a generous rear garden measuring approximately 60 feet. The home is ideally located near Chatham High Street and the mainline station, making it attractive for both families and potential renters. With two bathrooms already in place and further development potential (subject to planning permission), this property is primed for modernization. It requires updating throughout but has the space to transform it into a desirable family home or rental unit. This property is also being sold with no onward chain, which adds to its investment appeal.

Investment Analysis

(ME4 area)

Below Market Value

This property is priced -19.8% below area average per sq ft

-19.8%
Potential saving
This Property
£249/sq ft
Area Average
£310/sq ft
Avg Rent (weekly)
£294
Avg Yield
6.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£411,511
10% above area average per sq ft
Potential ROI
+14.3%
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

Luton Road, Chatham
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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
£1,070
Based on a loan of £225,000 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.

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