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Cross Street, Strood, Rochester, ME2 3AE - Image 1
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Cross Street, Strood, Rochester, ME2 3AE

South East

£200,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house, nestled in the convenient area of Strood, offers a promising investment opportunity for those looking to undertake a refurbishment project. With no onward chain, it provides immediate accessibility for buyers eager to enhance the property’s value. While the interiors require significant updating, this allows investors and homebuyers alike to tailor the space according to their preferences and vision. Located within easy reach of Strood railway station and local amenities, this property is ideal for commuters and those who appreciate proximity to shops and services. The ground floor features a welcoming living room that sets the tone for relaxation. The rear hosts a spacious kitchen/dining area equipped with essential appliances, presenting a solid foundation for renovation to meet contemporary lifestyle demands. A cellar accessible from the dining room offers additional storage or potential for development, pending necessary permissions. Additionally, there is a family bathroom on the ground floor that serves its purpose but is in need of modernisation—this presents further opportunity for creating an updated bathroom suite. Upstairs, you’ll find three well-sized bedrooms—two doubles and one single—which benefit from ample natural light. These spaces are primed for cosmetic enhancements that could cater to various living arrangements or work-from-home setups. In summary, this charming period home not only boasts character but also holds vast potential for refurbishment in a sought-after location, making it an attractive prospect for savvy investors or families looking to create their dream residence.

Investment Analysis

(ME2 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -3.3%
5 year growth: +9.9%
Investment Disclaimer: Analysis based on ME2 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

Cross Street, Strood, Rochester, ME2 3AE
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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
£714
Based on a loan of £150,000 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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