Worst House on the Street Logo
Acre Close, Rochester ME1 - Image 1
Acre Close, Rochester ME1 - Image 2
Acre Close, Rochester ME1 - Image 3

Acre Close, Rochester ME1

South East

£290,000
Listed on 26/03/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
606 sqft

Description

This two-bedroom semi-detached bungalow presents a rare investment opportunity in a desirable residential area of Rochester ME1, having been in the same family since the 1960s. While the property is in need of updating and modernization, it offers a blank canvas for new owners to tailor it to their personal tastes and requirements. The layout includes two spacious double bedrooms, a lounge with abundant natural light, a shower room, and a kitchen that connects to an additional utility or garden room – perfect for reconfiguration into an open-plan living space. The property also benefits from gated off-road parking for two vehicles, along with manageable lawn gardens and patio areas that provide potential for outdoor enhancements. Conveniently located within walking distance of local amenities, bus routes, and rail links to London, this bungalow not only offers comfortable living but also significant potential for value enhancement through thoughtful renovations.

Investment Analysis

(ME1 area)

Above Market Value

This property is priced +33.4% above area average per sq ft

+33.4%
This Property
£479/sq ft
Area Average
£359/sq ft
Avg Rent (weekly)
£283
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£239,143
10% above area average per sq ft
Potential ROI
-27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (ME1)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.9%
5 year growth: +4.3%
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

Acre Close, Rochester ME1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,046
Based on a loan of £217,500 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates