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Otway Street, Chatham, Kent

South East

£175,000Guide Price

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Terraced

Description

This three-storey terraced house presents a compelling opportunity for buyers eager to make their mark on a property requiring comprehensive modernisation. With spacious and adaptable living areas, the home holds great potential to be transformed into a contemporary family residence or a profitable investment. Its location ensures convenience, being close to local amenities, transport links, and reputable schools, making it an attractive choice for families and commuters alike. The property is offered at auction, allowing you to engage in bidding while providing ample time for financing arrangements.

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Investment analysis

(ME4 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£299
Avg Yield
6.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£25,000 - £40,000
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

Otway Street, Chatham, Kent
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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
£661
Based on a loan of £131,250 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

Next Steps

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