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122(A), Luton Road, Chatham, ME4 5AD - Image 1
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122(A), Luton Road, Chatham, ME4 5AD

South East

£35,000Guide Price

Listed on 03/09/2026

The listing

Property details

Bedrooms
1
Type
Flat

Description

This leasehold flat is situated on Luton Road, conveniently located near the amenities of Chatham Town Centre and Chatham Train Station. The property, which is being offered with vacant possession, comprises a self-contained lower ground floor flat that requires modernisation. The accommodation includes an entrance hall, living room, kitchen, bedroom, utility area, and bathroom/WC. Additionally, the flat benefits from allocated parking. With approximately 62 years remaining on the lease, this property presents a promising opportunity for renovation and investment. The auction date is set for 17th September 2026, making this an ideal time to consider potential improvements and enhancements to increase its value.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

49out of 100
Grade ELow opportunity

Confidence: LOW

This lower ground floor flat on Luton Road presents a project ripe for modernisation, with a guide price of £35,000 that is significantly below the local average sale price of £249,379. While the flat shows clear signs of wear and requires a comprehensive refurbishment, this offers a blank canvas for potential buyers to create a stylish living space. The dated interiors, particularly the worn carpets and outdated fixtures in the kitchen and bathroom, highlight the scope for improvement and value addition.

With a renovation budget estimated between £40,000 and £80,000, this property could transform into a desirable home in a good location, close to amenities and transport links. The flat's leasehold status and vacant possession further enhance its appeal, making it a potentially rewarding project for those willing to invest in its revival.

Key opportunities

  • Transform the dated interiors into a modern living space.
  • Capitalize on the good location near Chatham Town Centre and transport links.
  • Create a charming one-bedroom flat with allocated parking.

Key risks

  • The renovation will require a budget of £40,000 to £80,000.
  • Visible signs of wear throughout the property indicate the need for a full refurbishment.

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Map

Location

122(A), Luton Road, Chatham, ME4 5AD
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£132
Based on a loan of £26,250 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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