1-bedroom flat · ME2 2GR
Listing removedListed 27 daysAuction 1 Jan · ended
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION ON TUESDAY 13TH OCTOBER 2026 TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE One bedroom ground floor flat Conveniently positioned close to Rochester High Street, this one bedroom ground floor flat presents an excellent opportunity for an owner occupier or investor.
The property benefits from its own private entrance and comprises an entrance hall, living room, kitchen, bedroom and bathroom.
In addition the property includes the right to the use of the communal parking area.
Ideally situated for a range of local amenities, Rochester High Street offers a variety of shops, cafés and restaurants, while supermarkets are located just under a mile away.
The area also provides plenty of opportunities for leisure, with scenic walks along the River Medway and Rochester Castle within easy reach.
Strood railway station is approximately 1.5 miles away, providing high-speed rail services to London St Pancras, while the M2 is also readily accessible, making this an attractive option for commuters.
Agents Note:- The lease is for a term of 125 from 01/01/2006 with a ground rent of £125.00 per annum increasing by £50.00 per annum every 25th anniversary of the term.
Ground Floor Entrance hall, living room, kitchen, bedroom, bathroom Council Tax A Tenure: Leasehold Lease Details: 125 years from 1 January 2006 EPC Rating: C Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1680 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
Agent & docs
FAQ
About 3, St. Francis Close, Rochester, Kent ME2 2GR
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