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49 Albany Road, Chatham, ME4 5DN

South East

£79,000Guide Price

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Terraced
Area
714 sqft

Description

This vacant freehold 2-bedroom terraced house offers significant refurbishment potential, making it an appealing option for investors, developers, or those looking to create their ideal home. The property requires complete modernization, presenting a unique opportunity to enhance its value in a desirable residential area. The layout includes an entrance hallway leading to two reception rooms and a kitchen on the ground floor. Upstairs, you will find two spacious bedrooms alongside a family bathroom. With a comprehensive refurbishment plan, this property serves as a blank canvas ready for transformation. Externally, the private rear garden provides additional outdoor space that could be further developed and landscaped. Conveniently located on Albany Road in Chatham, it is close to various local amenities, schools, and transport links, including Chatham Railway Station for easy commuter access to London and Kent's coast. Offered at auction on Tuesday 28th July 2026, interested parties are encouraged to download the legal pack and register to bid through our website.

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Investment analysis

(ME4 area)

Below Market Value

This property is priced -64.1% below area average per sq ft

-64.1%
Potential saving
This Property
£111/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£299
Avg Yield
6.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£241,942
10% above area average per sq ft
Potential ROI
+103.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (ME4)

Area prices are stable by +0.3% over the last 12 months
3 year growth: -6.4%
5 year growth: +4.6%
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

49 Albany Road, Chatham, ME4 5DN
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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
£298
Based on a loan of £59,250 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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