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Gerrard Avenue, Rochester ME1 - Image 1
Gerrard Avenue, Rochester ME1 - Image 2
Gerrard Avenue, Rochester ME1 - Image 3

Gerrard Avenue, Rochester ME1

South East

£300,000
Listed on 14/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
635 sqft

Description

This 2-bedroom detached bungalow presents a promising opportunity for renovation and investment, situated in a desirable area of Rochester. Although the interior requires updating, it occupies a generous plot with ample potential for extension, subject to planning permission. The property is offered with no onward chain, simplifying the buying process. Entering through the porch, you are welcomed into a spacious hallway that connects all rooms. The main reception room is bright and airy thanks to the double-glazed bay window that floods it with natural light. Adjacent is a spacious kitchen/breakfast room, ideal for reconfiguration or modernisation. The rear of the bungalow features a double bedroom overlooking the garden, while a smaller single bedroom sits at the front. The bathroom includes essential fixtures such as a bath, WC, and wash hand basin but could benefit from modern updates. Outside, the rear garden offers an expansive blank canvas perfect for landscaping or gardening projects. Additionally, there’s a garage and parking space for two vehicles, enhancing convenience for car owners. The property benefits from gas central heating and is conveniently located within walking distance to both Rochester and Chatham rail stations. This location allows residents quick access to London’s high-speed services in under 40 minutes. Rochester itself boasts rich historical significance along with vibrant local amenities including shops, cafes, and cultural events such as the Dickens Festival.

Investment Analysis

(ME1 area)

Above Market Value

This property is priced +31.1% above area average per sq ft

+31.1%
This Property
£472/sq ft
Area Average
£360/sq ft
Avg Rent (weekly)
£290
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£251,739
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME1)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -0.5%
5 year growth: 5.4%
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

Gerrard Avenue, Rochester ME1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,099
Based on a loan of £225,000 over 30 years at 4.19% 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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