Esplanade, Rochester, ME1 1QH

3-bedroom flat · ME1 1QH

1,141 sq ft2 baths

Asking

£350,000

For saleReduced £35k (−9.1%) on 20 JunListed 208 days

Chain Free

Investor metrics

Opportunity summary

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About

The property

Located on one of Rochester's most sought after riverside developments this chain free duplex apartment has amazing river views and is only a short walk away from the historic High Street and high speed station.

Please refer to the footnote regarding the services and appliances.

Room sizes: Hallway Cloakroom Kitchen 12'9 x 8'2 (3.89m x 2.49m) Lounge/Diner 21'8 x 15'8 (6.61m x 4.78m) Balcony Landing Bedroom 1 25'7 x 15'8 (7.80m x 4.78m) En-Suite Shower Room 8'11 x 5'6 (2.72m x 1.68m) Bedroom 2 13'10 x 7'0 (4.22m x 2.14m) Bedroom 3 8'8 x 8'7 (2.64m x 2.62m) Bathroom 6'3 x 5'7 (1.91m x 1.70m) Allocated Parking The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations.

All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.

All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.

Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.

Legal advice should be taken to verify fixtures/fittings, planning, alterations and/or lease details.

Appliances & services are untested, dimensions are approximate and floor plans are not to scale. We are pleased to offer our customers a range of additional services to help them with moving home.

None of these services are obligatory and you are free to use service providers of your choice.

Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services.

If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below.

If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Council Tax band: F Tenure: Leasehold Annual ground rent: £ 100 Annual service charge: £ 3765 Years remaining on lease: 961

Chain Free

Key information

Price per Square Foot

£307/sq ft

Based on 1,141 sq ft (106 sq m)

Floor Area

1,141 sq ft (106 sq m)

Council Tax Band

Band F

Estimated ~£2600/year

Tenure

Leasehold

Local Authority

Medway (B)

Unitary Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

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BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market208 days · price-fatigue

25/25

—

Seller motivation

Not scored yet

Days on market208

Price reduction-9.1%

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £385,00025-03-2026

Price reduced£385,000 → £350,000 (-9.1%)20-06-2026

Still activeDay 208 on marketToday

Strategy fit

No strategy scores available yet.

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.