We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · ME4 6EX
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Located in the charming Medway Heights development, this well-presented one-bedroom ground-floor flat with a welcoming entrance hall offers low-maintenance living in a convenient Chatham location.
Ideal for first-time buyers, investors, or those looking to downsize, the property combines a practical layout with plenty of natural light and attractive river views.
There is also an allocated parking space in a gated car park to the rear.
The flat offers a good sized double bedroom, ensuite bathroom, and a bright open-plan living space complete with a modern fitted kitchen.
With a good amount of natural light from the large windows, the property provides excellent views across the river.
The accommodation comprises a welcoming entrance hall, spacious double bedroom with en-suite bathroom, and a bright open-plan living and dining area with a modern fitted kitchen.
Large windows flood the living space with natural light while providing excellent views across the river, creating a pleasant and relaxing outlook.
With excellent transport links and easy access to local amenities, including both Chatham and Rochester town centres, this apartment offers a fantastic opportunity for anyone seeking a well-connected home or investment property.
Share of Freehold EPC Rating C Council Tax Band B Service Charge £130.00pcm Lease Remaining - 97 Years EPC Rating: C
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
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 advisers before making any investment decisions.
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
.png)
FAQ
About Flat 5, Medway Heights 1-4 New Road Avenue, Chatham
Explore nearby