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Otway Street, Chatham, Kent, ME4

South East

£250,000Guide Price

Listed on 14/07/2026

Property details

Bedrooms
5
Type
Terraced
Area
1261 sqft

Description

This four-bedroom residence, set across four levels on a sought-after street in Chatham, is a promising investment opportunity with substantial renovation potential. The property requires comprehensive modernization throughout, allowing buyers to customize the living space to meet their specific tastes and requirements. The considerable layout provides flexibility for families or investors looking to capitalize on this project. With the town center and train station just a short drive away, this location is perfect for commuters seeking quick access into London. Chatham is well-equipped with educational facilities and local amenities, making it an appealing area for a range of lifestyles. The generous garden offers a private outdoor escape, while there is convenient on-street parking available at the front.

Investment analysis

(ME4 area)

Below Market Value

This property is priced -35.6% below area average per sq ft

-35.6%
Potential saving
This Property
£198/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£299
Avg Yield
6.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£427,296
10% above area average per sq ft
Potential ROI
+22.1%
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

Otway Street, Chatham, Kent, ME4
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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
£944
Based on a loan of £187,500 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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