Martin & Co says ..
Sold with soon to be vacant possession. This three-bedroom terraced property is currently available for sale and offers immense potential for buyers seeking a renovation project. The property is in need of small refurbishment, presenting an excellent opportunity for those looking to inject their...
Property Oracle says ..
This three-bedroom terraced house in Strood, Kent, presents a mixed bag of attributes. Its location offers some advantages, with Strood train station and several schools within walking distance. The proximity to Rochester adds further appeal, as it has better amenities than Strood. However, the property itself is in need of a significant renovation or modernization. The kitchen and bathroom appear dated, and the garden requires attention. The images reveal a lack of modern fittings and styling throughout the property. While the list price of £240,000 might seem in line with similar properties in the area requiring renovation, a precise valuation is difficult without knowing the property’s square footage. Potential buyers should carefully factor in the renovation costs before making an offer. The property could be a good investment opportunity for those willing to undertake a refurbishment project, however it is important to obtain a professional surveyor’s report and factor in all costs related to upgrades before committing to purchasing this property. The lack of square footage information provided limits the scope of this analysis; this is a crucial detail in the property market and would influence both the price and the potential return on investment.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 3
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 224,000.00 £Decreased by 29.61 %
- Average area rental value
- 1,116.00 £/moDecreased by 12.40 %
- Est rental Yield
- 5.98 %Increased by 24.58 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co marked this listing as sold.
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| All Faiths Children'S Academy | Academy Converter | Good | 0.11 KM |
| Gun Lane Children'S Centre | Children's Centre | 0.11 KM | |
| St Nicholas Church Of England Voluntary Controlled Infant School | Voluntary Controlled School | Outstanding | 0.62 KM |
| English Martyrs' Catholic Primary School | Voluntary Aided School | Good | 0.69 KM |
| Gordons Children'S Academy, Infant | Academy Sponsor Led | Good | 0.69 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Edward Street | £ 0 | 0 | 0.00 KM |
| Taylor's Lane | £ 0 | 0 | 0.00 KM |
| Kaler Mews | £ 0 | 0 | 0.00 KM |
| Watermill Close | £ 0 | 0 | 0.00 KM |
| RRX60 | £ 280,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Strood (Kent) | 5191 | SOO | 0.70 KM |
| Rochester | 5203 | RTR | 2.31 KM |
| Chatham | 5199 | CTM | 3.61 KM |
| Higham | 5202 | HGM | 4.37 KM |
| Cuxton | 5201 | CUX | 4.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Brompton Lane, Rochester | £ 130,000 | BUY | 5 / 10 | 0.04 KM |
| Brompton Lane, Rochester, Kent, ME2 | £ 240,000 | BUY | 6 / 10 | 0.05 KM |
| Martin Road, Rochester, Kent, ME2 | £ 260,000 | BUY | 6 / 10 | 0.05 KM |
| Martin Road, Rochester, Kent | £ 265,000 | BUY | 6 / 10 | 0.06 KM |
| Cross Street, Rochester, Kent | £ 240,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 48 Wykeham Street | £ 110,000 | 0.03 KM |
| 46 Wykeham Street | £ 125,000 | 0.03 KM |
| 47 Wykeham Street | £ 175,000 | 0.03 KM |
| 49 Wykeham Street | £ 187,000 | 0.03 KM |
| 42 Wykeham Street | £ 119,950 | 0.03 KM |