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Carnation Road, Rochester, Kent ME2 - Image 1
Carnation Road, Rochester, Kent ME2 - Image 2
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Carnation Road, Rochester, Kent ME2

South East

£280,000
Listed on 10/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1017 sqft

Description

This three-bedroom semi-detached property in Strood offers a unique chance for those looking to personalize their living space. The home features a garage at the rear and is situated within walking distance of local amenities, schools, and public transport links. With quick connections to the A2 and M2, this location is particularly advantageous for commuters. While the interior requires modernisation, it holds significant potential to transform into an inviting family residence in a sought-after area of Medway. The layout includes a spacious kitchen leading to the garden, a comfortable lounge, and three well-proportioned bedrooms. This property presents an attractive investment opportunity in a growing community.

Investment Analysis

(ME2 area)

Below Market Value

This property is priced -20.4% below area average per sq ft

-20.4%
Potential saving
This Property
£275/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£332
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£386,791
10% above area average per sq ft
Potential ROI
+24.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by +1.9% over the last 12 months
3 year growth: -0.2%
5 year growth: +14.4%
Investment Disclaimer: Analysis based on ME2 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

Carnation Road, Rochester, Kent ME2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,010
Based on a loan of £210,000 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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