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Luton Road, Chatham ME4 - Image 1

Luton Road, Chatham ME4

South East

£250,000
Listed on 05/10/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom home presents a unique opportunity for renovation enthusiasts and investors seeking to capitalize on a thriving residential area in Chatham (ME4). With a solid structural foundation and spacious interiors, the property offers ample potential for updates and expansions that could significantly enhance both its value and your living experience. Inside, you’ll find a welcoming atmosphere highlighted by a generous living room featuring large bay windows that invite natural light. The layout includes a practical kitchen with adequate workspace, where modern updates could create an inviting culinary hub. The accommodation also boasts three well-proportioned bedrooms—two doubles and one single—suitable for diverse family dynamics or as rental units. The private rear garden provides an outdoor space that can easily be transformed into an entertaining area or a tranquil retreat. There’s also the potential for extensions or reconfigurations, subject to planning permission, which could further increase the property’s appeal and market value. Situated on Luton Road, this location benefits from convenient access to essential amenities. It is close to Chatham Train Station, offering quick transport links to London Victoria and St Pancras, making it ideal for commuters. The property is also within reach of local shopping choices, including the Pentagon Shopping Centre and Dockside Outlet. Families will appreciate the availability of quality schools nearby, including both grammar and primary options. Additionally, the neighborhood features excellent bus services and easy access to major roads such as the A2/M2, simplifying travel throughout the region. For those who enjoy outdoor activities, there are nearby green spaces and riverside walks that enhance the community feel of this desirable area. Given its features and strategic location, this property holds significant renovation potential alongside steady investment prospects in a well-connected part of Chatham.

Investment Analysis

(ME4 area)
Area Average
£314/sq ft
Avg Rent (weekly)
£288
Avg Yield
6.0%

Renovation Potential

Light Refurb
Est. Renovation Cost
£10,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME4)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -3.2%
5 year growth: +8.9%
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

Luton Road, Chatham ME4
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£902
Based on a loan of £187,500 over 30 years at 4.06% 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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