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See how verdicts work1-bedroom flat · ME2 3PP
For saleReduced £20k (−20%) on 9 SepListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no forward chain, this one-bedroom flat is situated within a charming period building conversion on Castle View, Strood.
The property retains a number of attractive period features, including high ceilings, and offers an excellent opportunity for a buyer looking to modernise and add their own personal touch.
The accommodation would benefit from refurbishment and updating throughout, making this an ideal project for those seeking to create a home to their own specification or an investment opportunity.
The property also benefits from access to a communal garden and is conveniently located within walking distance of a range of local amenities.
Key terms Strood is a town in the unitary authority of Medway in Kent, South East England. It lies on the northwest bank of the River Medway at its lowest bridging point.
Strood has a main high street which includes many large retailers including B&M, Marks and Spencer’s Foodhall & Matalan.
The high street is only a short drive away from the main A2/M2 motorway links. Lounge (12' 1" x 10' 4" (3.68m x 3.15m)) Vinyl flooring, double glazed window to front.
Kitchen (10' 5" x 8' 3" (3.18m x 2.51m)) Tiled flooring, wall to base units with roll top work surface over, sink drainer with two taps, space for appliances, double glazed window to rear.
Bedroom One (11' 9" x 11' 4" (3.58m x 3.45m)) Vinyl flooring, double glazed window to rear.
Bathroom Vinyl flooring, low level w/c, pannelled bath with two taps, basin with mixer tap, double glazed window to rear. Rear Garden Communal garden, patio area, grass laid to lawn, side access.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
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FAQ
About 2B,, Castle View Road, Rochester
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