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St. Margaret's Street, Rochester

South East

£75,000

Listed on 26/06/2026

Property details

Bedrooms
2
Type
Apartment

Description

This two-bedroom apartment on the second floor represents a rare investment opportunity in the highly desirable area of St Margaret's Street, Rochester. The property features a lengthy hallway with ample storage, two generously sized bedrooms, and a lounge that opens up to a balcony offering picturesque views of the river and surrounding countryside. While it requires complete refurbishment throughout, this blank canvas allows you to tailor the space to your liking, making it ideal for both homeowners and investors looking to create substantial value. Located just moments from Churchfields open space and the vibrant Dickensian High Street, which boasts an array of bars, boutiques, eateries, and cultural experiences including annual festivals. Excellent educational facilities are within close proximity, alongside convenient transport links for quick access to London St Pancras via nearby train stations. This property presents a unique chance to craft an exceptional living space or rental opportunity within an attractive community.

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Investment analysis

(ME1 area)
Area Average
£359/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£40,000 - £60,000
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
11%
Properties sold annually

Local Market Trend (ME1)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -2.9%
5 year growth: +3.2%
Investment Disclaimer: Analysis based on ME1 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

St. Margaret's Street, Rochester
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£283
Based on a loan of £56,250 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.

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