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Lords Wood Lane, Chatham, Kent, ME5 - Image 1
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Lords Wood Lane, Chatham, Kent, ME5

South East

£280,000Guide Price

Listed on 12/10/2026

The listing

Property details

Bedrooms
4
Type
Detached

Description

This four-bedroom detached house spans three floors and offers significant renovation potential, making it an ideal project for those looking to create a family home. The property has experienced a leak in the past, which has impacted its current condition, but this has been reflected in the asking price. Offered at auction, the sale allows for completion within a 56-day reservation period. Interested buyers should carefully inspect the property with their lender if considering a mortgage. A Buyer Information Pack is available and must be reviewed prior to bidding. The buyer will also need to sign a Reservation Agreement and pay a non-refundable Reservation Fee of 4.50% of the purchase price, including VAT, with a minimum fee of £6,600. This fee will be accounted for in Stamp Duty Land Tax calculations. Potential purchasers should note that while we strive for accuracy in our particulars, they do not constitute part of any offer or contract. All information regarding services and appliances has not been tested, and no guarantees are provided regarding their functionality. Photographs and measurements are provided as guides only and may not be precise.

WHOTS analysis

Our WHOTS verdict

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

45out of 100
Grade ELow opportunity

Confidence: LOW

This four-bedroom detached house presents a substantial renovation opportunity for the right buyer. While the property is currently in a poor state, with visible damp and neglect throughout, it offers the chance to transform it into a desirable family home. The dated kitchen and overall condition highlight the scope for significant improvements, allowing someone to redefine the layout and enhance the property's character.

Set across three floors, this home has great potential for a complete refurbishment, making it an exciting project for those looking to invest time and resources. The guide price of £280,000 is positioned as a neutral entry point, especially as the floor area is missing, preventing a direct comparison to local £/sqf values. It’s important to note that bidding can go above this guide in an auction, so future costs may exceed this initial figure.

Key opportunities

  • The property allows for a complete redesign, enabling the creation of modern living spaces.
  • With a three-floor layout, there is potential to maximize the available space and improve functionality for a family.
  • The detached nature of the house provides privacy and the opportunity to enhance outdoor areas.

Key risks

  • Stripped interiors and a £100,000–£200,000 works budget make this a full-gut programme, not a refresh.
  • Visible damp throughout requires attention and could indicate deeper issues.
  • Overall neglect suggests significant structural and aesthetic work will be necessary.

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Map

Location

Lords Wood Lane, Chatham, Kent, ME5
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,058
Based on a loan of £210,000 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

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