1-bedroom flat · ME1 2FB
Let agreedReduced £15 (−1.5%) on 8 OctListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Foordside Apartments was built in 2011 and comprise 19 apartments over 4 floors serviced by a lift in a gated development.
You will feel safe and secure at Foordside as we have CCTV, all gates and doors have security codes which are changed regularly, there is good security lighting in external areas and allocated parking.
Being just a short walk from Rochester High Street and Rochester mainline station which has a fast service into London, the location is excellent.
The communal areas are kept to a very high standard with regular cleaning and gardening.
There is a secure bike store, communal satellite dish wired for Sky Q, efficient electric heating throughout and the building and apartments are managed by the owner. Council Tax band is B.
This apartment is on the 1st floor and has just been fully refurbished with a new kitchen, new blinds, new light-fittings, new vinyl flooring in kitchen and bathroom, fully redecorated.
Kitchen comprises a range of wall and base units, oven, hob, extractor, fridge/freezer and washing machine. Bathroom has a shower over the bath. Bedroom has fitted wardrobe.
The apartment will be professionally cleaned prior to new tenants moving in.
Foordside is a sought after block and our tenants stay much longer than the national average - tenants that have vacated this apartment have been with us over 6 years.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Foordside Apartments, Foord Street, Rochester
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