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Princes Avenue, Chatham, ME5

South East

£265,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
End Of Terrace

Description

This three-bedroom home presents a unique opportunity for first-time buyers and families looking to invest in a property with significant renovation potential. Situated away from the main road and accessible via steps, the residence features a welcoming entrance hall leading to a bright living room—perfect for those seeking comfort with room for personal touches. The kitchen-diner at the rear, while functional, offers ample possibility for modernisation, allowing you to create an inviting space ideal for family gatherings or entertaining guests. The staggered landing adds character, leading up to three bedrooms that can be customised to fit your family’s needs. The existing bathroom includes both a bath and a shower, providing essential amenities while presenting opportunities for updates that reflect contemporary styles. The sloped rear garden offers a private retreat with potential for landscaping into tiered areas or children's play zones. With the added convenience of a garage and the property’s elevated position contributing to privacy, this house has much to offer an imaginative buyer. Located in a community-friendly neighbourhood, you will find convenient access to local amenities such as schools, shopping options, and transport links. Families can benefit from nearby parks and green spaces for leisure activities. Commuters will appreciate quick access to major motorways like the M2 and M20 as well as Chatham Rail Station's high-speed services into London. Additionally, explore the historic Rochester High Street with its array of cafes and shops just a short distance away. This property's combination of appealing features and renovation potential makes it an excellent choice for buyers eager to craft their ideal home.

Investment Analysis

(ME5 area)
Area Average
£355/sq ft
Avg Rent (weekly)
£317
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (ME5)

Area prices are rising by +2.7% over the last 12 months
3 year growth: +2.6%
5 year growth: +16.2%
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

Princes Avenue, Chatham, ME5
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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
£945
Based on a loan of £198,750 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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