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Ryde Close, Chatham, Kent ME5 - Image 1
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Ryde Close, Chatham, Kent ME5

South East

£240,000

Listed on 27/06/2026

Property details

Bedrooms
3
Type
Terraced
Area
1008 sqft

Description

This three-bedroom residence in Ryde Close offers a significant opportunity for those looking to invest in a property with ample potential for renovation. The layout features a welcoming entrance hall, a practical downstairs WC, and a spacious kitchen/diner that could easily be transformed into a modern open-plan living area, perfect for family gatherings. The bright lounge provides direct access to the conservatory, creating additional reception space that overlooks the rear garden. On the upper floor, you'll find three well-sized bedrooms and a family bathroom positioned off the central landing. Externally, the property boasts considerable outside space, making it suitable for families or investors who wish to enhance its appeal and value in this well-connected neighborhood.

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Investment analysis

(ME5 area)

Below Market Value

This property is priced -32.6% below area average per sq ft

-32.6%
Potential saving
This Property
£238/sq ft
Area Average
£353/sq ft
Avg Rent (weekly)
£293
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£391,850
10% above area average per sq ft
Potential ROI
+45.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (ME5)

Area prices are stable by 0.0% over the last 12 months
3 year growth: +1.4%
5 year growth: +12.8%
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

Ryde Close, Chatham, Kent ME5
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£907
Based on a loan of £180,000 over 30 years at 4.45% 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

Price History

-7.7% since listed
£240,000£20,000(-7.7%)
27/06/2026
Current price
£260,000Initial listing
24/05/2026

Next Steps

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