3-bedroom semi-detached house · ME2 2YU
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £260,000 - £280,000 Situated on the popular Lancelot Avenue in Strood, this three-bedroom semi-detached home presents an excellent opportunity for first-time buyers, investors and those looking to upsize alike.
The property benefits from a private driveway to the front, useful side access and well-proportioned accommodation throughout, offering plenty of scope to personalise or add value over time.
Conveniently located just 1.1 miles from Strood Station, the property is perfectly positioned for commuters with high-speed rail links into London, whilst the nearby A2/M2 motorway connections provide easy access across Kent and beyond.
A range of local shops, supermarkets, leisure facilities and everyday amenities are all within easy reach, with Rochester High Street only a short drive away offering an excellent selection of restaurants, bars and riverside walks.
Well-regarded schools including Elaine Primary Academy and Leigh Academy Strood are also nearby, further enhancing the appeal of this well-connected location.
A fantastic opportunity to acquire a home with broad appeal in a popular residential area.
Key Terms Strood is a popular Medway town offering excellent transport links, including high-speed rail services into London and easy access to the A2/M2 motorway network.
The area benefits from a wide range of shops, supermarkets, schools, restaurants and leisure facilities, whilst nearby Rochester provides historic attractions, riverside walks and a vibrant high street scene.
Lounge 10' 4" x 11' 1" (3.15m x 3.38m) Carpet, double glazed window to rear, radiator.
Kitchen 7' 4" x 5' 2" (2.24m x 1.57m) Laminate flooring, wall to base units with roll top work surface over , sink drainer with mixer tap, double glazed window & door to rear, space for appliances.
Bedroom One 10' 1" x 11' 1" (3.07m x 3.38m) Carpet, double glazed window to front, radiator. Bedroom Two 9' 7" x 11' 2" (2.92m x 3.4m) Carpet, double glazed window to front, radiator.
Bedroom Three 8' 3" x 7' 8" (2.51m x 2.34m) Carpet, double glazed window to front, radiator.
Bathroom 8' 6" x 5' 3" (2.6m x 1.6m) Laminate flooring, panelled bath with shower over, sink basin with mixer tap double glazed window to rear, low level w/c.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Lancelot Avenue, Rochester, Kent, ME2
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