Land · ME5 7RG
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please refer to auctioneer for more information Guide Price = £1,000+ **For Sale By Public Auction 1st August 2024 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack** A Plot of Land Measuring Approximately 1.8 Acres / 7,284 sq m/ 78,404 sq ft Tenure Freehold Location The land is situated on a residential road close to local shops and amenities.
The open spaces of Capstone Farm Country Park are within easy reach. Transport links are provided by Strood rail station and the M2.
Description The lot comprises a plot of land measuring approximately 1.8 Acres / 7,284 sq m/ 78,404 sq ft.
Note The site area depicted within the plan in the auction particulars is for indicative purposes only. Additionally, any measurements stated may not be exact.
Buyers should rely on their own enquiries with regard to precise measurements, any consents or rights over the land and any possible development potential or alternative uses for this site.
Some or all of the plot may comprise adopted highway land. Open Site Addendum Please note that this property is subject to a Buyers Premium of £900 inc VAT.
This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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.
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 Land Lying to the North West of Princes Avenue, Chatham, Kent, ME5 7RG
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