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Watson Avenue, Chatham, Kent. ME5

South East

£300,000

Listed on 25/06/2026

Property details

Bedrooms
2
Type
Semi Detached Bungalow
Area
646 sqft

Description

This semi-detached bungalow, situated in the desirable Davis Estate, is offered without a forward chain and represents a tremendous opportunity for renovation and investment. Currently, this home features two spacious bedrooms, with the potential to adapt the layout into three, depending on personal requirements. The central living room provides a generous space conducive to both relaxation and entertaining, while the kitchen offers an inviting view of the front garden and is ripe for modernisation, allowing future owners to craft a tailored culinary haven. With some updates needed throughout, this property serves as an exciting blank canvas that holds significant promise for those looking to enhance its value or personalise their living environment. Recent installation of a new boiler adds a layer of assurance for prospective buyers regarding immediate living conditions. Externally, off-road parking is available via a car port, enhancing convenience for residents and guests alike. Ideally located, this property has easy access to local amenities including shops, reputable schools, public transport options, and major road links such as the M2 and A2. It’s an attractive proposition for various buyers—from first-time homeowners to investors seeking a worthwhile project in a stable residential area. An early viewing is recommended to fully appreciate the scope and flexibility this bungalow offers.

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Investment analysis

(ME5 area)

Above Market Value

This property is priced +30.9% above area average per sq ft

+30.9%
This Property
£464/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£252,050
10% above area average per sq ft
Potential ROI
-25.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME5)

Area prices are stable by -0.4% over the last 12 months
3 year growth: +1.0%
5 year growth: +13.6%
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

Watson Avenue, Chatham, Kent. ME5
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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
£1,133
Based on a loan of £225,000 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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