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City Way, Rochester, Kent ME1

South East

£500,000

Listed on 19/06/2026

Property Details

Bedrooms
3
Type
Bungalow

Description

Located in the desirable City Way area of Rochester, this three-bedroom detached bungalow presents an excellent opportunity for both renovation enthusiasts and investors. With no onward chain, you are free to envision and execute your personal design ideas to transform this space into a modern haven. The property boasts three spacious double bedrooms and a large internal layout that can be reconfigured to better suit contemporary living needs. The expansive rear garden is perfect for those who enjoy outdoor activities or entertaining guests. Additionally, there is a garage that not only provides off-street parking but also valuable storage options. As a detached bungalow, the potential for expansion is significant—consider the prospect of adding a rear extension or even a double-storey addition (subject to planning permission). This property is well-situated near reputable schools and various local amenities, making it appealing for families or first-time buyers looking to settle in a historic town rich in culture and community spirit. Rochester's charm includes its famed connection to Charles Dickens, vibrant High Street filled with independent shops and eateries, as well as convenient transport links such as the newly constructed Rochester station offering swift access to central London. Whether you're aiming for a long-term investment or a cozy family home, this property offers ample scope for enhancement while being embedded in a thriving area.

Investment Analysis

(ME1 area)
Area Average
£359/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (ME1)

Area prices are falling by -4.6% over the last 12 months
3 year growth: -2.9%
5 year growth: +3.2%
Investment Disclaimer: Analysis based on ME1 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

City Way, Rochester, Kent ME1
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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
£1,889
Based on a loan of £375,000 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.

Stamp Duty Calculator

Price History

-16.7% since listed
£500,000£100,000(-16.7%)
29/10/2025
Current price
£600,000Initial listing
08/10/2025

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