2-bedroom bungalow · ME5 8YL
Listing removedReduced £25k (−8.3%) on 20 JunListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a quiet residential setting in Chatham, this well-proportioned two-bedroom bungalow offers comfortable single-level living, ideal for downsizers, first-time buyers, or those seeking to avoid stairs.
The property welcomes you via a spacious entrance hall, creating an immediate sense of space and practicality.
To the front of the home is a large living room, filled with natural light and providing an excellent space for relaxing or entertaining guests.
To the rear, the property features a kitchen/dining room, offering ample worktop and cupboard space along with room for a dining table - perfect for everyday family meals.
There are two generous double bedrooms, both well-proportioned and versatile in their use. The layout provides comfortable and well-balanced accommodation throughout.
The property benefits from a rear garden, offering outdoor space to enjoy during the warmer months. There is street parking available to the front of the property.
Lambeth Close is conveniently located for a range of local amenities.
Everyday shopping facilities can be found nearby, with a wider selection of retail outlets, supermarkets, and leisure facilities available at The Pentagon Shopping Centre.
Families will appreciate access to well-regarded local schools including Walderslade Girls' School, Greenacre Academy and Oaklands School, along with several local primary schools within easy reach.
The property is also well positioned for transport links, with Chatham Railway Station providing mainline services to London and surrounding areas, as well as convenient access to the M2 motorway network.
Early viewing is highly recommended to appreciate the space and potential this charming bungalow has to offer. Tenure Freehold Local Authority Medway Band B Energy Efficiency Rating C
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 33, Lambeth Close, Chatham
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