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Longhill Avenue, Chatham ME5 - Image 1
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Longhill Avenue, Chatham ME5

South East

£60,000
Listed on 18/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom flat presents a promising opportunity for renovation enthusiasts and investors looking to capitalize on the growing Chatham property market. The open-plan reception room and kitchen afford a versatile space that can be tailored to fit modern living needs, inviting creativity in design during the refurbishment process. With one comfortable double bedroom and a bathroom, this flat is ideal for individuals or couples seeking an affordable entry into home ownership or investment. Located conveniently in Chatham, the property benefits from easy access to local schools, amenities, and transport links. The nearby railway station allows for swift journeys to central London, while road connections via the A2 and M2 facilitate travel towards coastal towns and beyond. This flat not only requires some updating but also has potential for significant value enhancement through smart renovations.

Investment Analysis

(ME5 area)
Area Average
£355/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (ME5)

Area prices are rising by +2.8% over the last 12 months
3 year growth: +2.9%
5 year growth: +16.7%
Investment Disclaimer: Analysis based on ME5 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

Longhill Avenue, Chatham ME5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£213
Based on a loan of £45,000 over 30 years at 3.91% 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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