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 work2-bedroom flat · ME5 8DR
Listing removedListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold 2 Bedroom Maisonette – Smith Road, Lordswood – No Forward Chain Offered to the market with no forward chain, this two-bedroom maisonette on Smith Road, Lordswood presents a fantastic opportunity for buyers looking to put their own stamp on a property.
The accommodation comprises a spacious lounge featuring a log burner and air conditioning unit, providing both character and comfort.
A separate kitchen offers functional space with scope for modernisation, while two well-proportioned bedrooms provide flexibility for homeowners, investors, or those working from home.
A family bathroom completes the internal layout.
Externally, the property benefits from a generous rear garden, a rare find for a maisonette, offering excellent potential for outdoor entertaining or landscaping.
It’s important to note the property is currently in a tired condition and requires refurbishment throughout, making it an ideal project for buyers seeking value and the opportunity to add significant improvement.
Additional benefits include approximately 83 years remaining on the lease and the advantage of being sold with no onward chain, allowing for a smoother and potentially quicker transaction.
Location Situated in the popular area of Lordswood, the property is conveniently located for local shops, schools, and amenities.
There is easy access to nearby Chatham town centre and transport links, including mainline rail services into London, as well as road connections via the M2/A2.
EPC Rating: C Location Situated in the popular area of Lordswood, the property is conveniently located for local shops, schools, and amenities.
There is easy access to nearby Chatham town centre and transport links, including mainline rail services into London, as well as road connections via the M2/A2.
Disclaimer All representations contained in the particulars are based on details supplied by the Seller.
Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Should a purchaser(s) have an offer accepted on a property marketed by Freeman & Gray they will need to undertake an identification check and asked to provide information on the source and proof of funds.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service together with an in-house compliance team to verify your information.
The cost of these checks is £50 inc VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
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
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FAQ
About 29 Smith Road, Chatham
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