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Horwood Close, Rochester ME1 - Image 1
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Horwood Close, Rochester ME1

South East

£350,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1345 sqft

Description

This semi-detached property offers an exciting renovation opportunity for those looking to create a family home tailored to their needs. With three spacious bedrooms and a long through lounge/diner, the layout provides a solid foundation for modernisation and potential extensions, either to the side or rear, subject to planning regulations. The current configuration includes a brick-built conservatory, convenient downstairs WC, along with utility and storage rooms, all of which could benefit from contemporary upgrades. The generous plot allows for creative landscaping or expansion while maintaining a well-sized garden that is private and secure. A large shed adds versatility for hobbies or can be removed for additional outdoor space. The garage and ample parking options enhance practicality. Nestled in a peaceful cul-de-sac, this home is conveniently close to several local Grammar Schools and has quick access to transport links such as the M2 motorway, making it ideal for families seeking both serenity and convenience. No forward chain accelerates the potential for transformation into your dream home.

Investment Analysis

(ME1 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£260/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£297
Avg Yield
4.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£533,878
10% above area average per sq ft
Potential ROI
+36.9%
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
17%
Properties sold annually

Local Market Trend (ME1)

Area prices are stable by +1.4% over the last 12 months
3 year growth: 0.5%
5 year growth: 7.6%
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

Horwood Close, 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
£1,282
Based on a loan of £262,500 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE