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Cross Street, Strood, Rochester ME2

South East

£200,000

Listed on 16/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This three-bedroom terraced house, set in the convenient locality of Strood, presents a significant opportunity for those interested in undertaking a renovation project to enhance its value. The property is being sold with no onward chain and requires comprehensive updating, making it particularly appealing to investors or buyers eager to personalize a home according to their specifications. Located within easy reach of Strood railway station and the bustling town centre, this residence is ideal for commuters seeking swift access to transport links along with local shops and amenities. The ground floor features a welcoming living room that serves as an inviting space for relaxation. Adjacent to this is a spacious kitchen/dining area equipped with essential appliances like an oven, hob, and extractor fan—providing ample room for refurbishment to meet modern standards. Access to a cellar from the dining room could offer additional storage solutions or potential living space, pending the necessary approvals. A family bathroom on this level includes basic amenities but is primed for modernization, allowing you to create a stylish and functional suite. Upstairs, the first floor hosts three well-sized bedrooms—a mix of two generous doubles and one single—ideal for families or those needing office space at home. Each bedroom benefits from natural light and presents further opportunities for aesthetic enhancements throughout. In summary, this period terraced house not only boasts character but also offers considerable renovation potential in a sought-after location with excellent transport connectivity.

Investment Analysis

(ME2 area)
Area Average
£348/sq ft
Avg Rent (weekly)
£326
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
43
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME2)

Area prices are stable by -1.6% over the last 12 months
3 year growth: -3.3%
5 year growth: +9.9%
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

Cross Street, Strood, Rochester ME2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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