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117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 1
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 2
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 3
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 4
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 5
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 6
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 7
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 8
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 9
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 10
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 11
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 12
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 13
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 14
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117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 16
117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY - Image 17

117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY

South East

£85,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
574 sqft

Description

This two-bedroom terrace house presents a compelling opportunity for those looking to invest in a property with significant refurbishment potential. Currently vacant and in need of modernisation throughout, it is an ideal project for investors, developers, or owner-occupiers aiming to enhance its value. The ground floor consists of two reception rooms along with a fitted kitchen, while the first floor features two bedrooms and a family bathroom. A thorough renovation will not only improve the living space but could also substantially increase the property’s market appeal. Additionally, the rear garden offers valuable outdoor space which can be transformed into a delightful area with landscaping. Located in Chatham, Kent, this property benefits from proximity to various local amenities including shops and restaurants as well as excellent transport links via Chatham Railway Station for easy commuting into London. With the right vision and investment, this home has great potential for both personal use and financial return.

Investment Analysis

(ME4 area)

Below Market Value

This property is priced -52.4% below area average per sq ft

-52.4%
Potential saving
This Property
£148/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£287
Avg Yield
6.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£196,239
10% above area average per sq ft
Potential ROI
+70.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (ME4)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -6.0%
5 year growth: +7.4%
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

117 Castle Road, Chatham, Kent, ME4 5HY, Kent, ME4 5HY
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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
£321
Based on a loan of £63,750 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.

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