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New Road, Cliffe, Rochester, ME3

South East

£375,000

Listed on 02/06/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1343 sqft

Description

This three-bedroom bungalow, located in the tranquil area of New Road, Cliffe, presents a noteworthy opportunity for investors and homeowners alike. The current layout includes an entrance porch leading into a kitchen, three well-sized bedrooms, and a shower room. The spacious lounge/dining room benefits from ample natural light and connects to a conservatory, enhancing the living space. While the property is in need of modernization, this allows for personal customization and potential value increase through renovations. The rear garden features established trees and plant borders, offering a serene outdoor space. Additionally, there's a driveway for parking and a garage suitable for storage or further development. With no forward chain, this property is ready for its new owner to unlock its full potential.

Investment Analysis

(ME3 area)

Below Market Value

This property is priced -23.9% below area average per sq ft

-23.9%
Potential saving
This Property
£279/sq ft
Area Average
£367/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£542,243
10% above area average per sq ft
Potential ROI
+33.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ME3)

Area prices are stable by +0.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on ME3 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

New Road, Cliffe, Rochester, ME3
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 over 30 years at 4.45% 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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