# 2 bedroom bungalow for sale (ME3 7BP) ## Property Details | Key | Value | |-----|-------| | Address | 15 ST JOHNS CLOSE, ROCHESTER, HIGHAM, KENT ME3 7BP | | Price | £300,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £300,000 Sep 2019 | ## Description Situated in a CUL-DE-SAC POSITION in the heart of popular HIGHAM VILLAGE is this TWO DOUBLE BEDROOM DETACHED BUNGALOW with WALK-IN DRESSING ROOM/3rd BEDROOM and a DETACHED GARAGE with PARKING to rear. The bungalow which is offered with VACANT POSSESSION has been well maintained internally and benefits from LOUNGE to front, TWO BEDROOMS, FITTED KITCHEN, WET ROOM and CONSERVATORY. Externally is an approx 60' REAR GARDEN with GOOD SIZED DETACHED GARAGE and FURTHER OFF STREET PARKING. Early viewing STRONGLY RECOMMENDED. **Exterior** Rear Garden: Approx: 60ft: Patio area. Laid to lawn. Fence surround. Side pedestrian access. Garage: 12'04 x 17'09 Double garage to rear. Rear pedestrian access. Drive area to rear. **Key Terms** Higham has a rich Dickensian history and has Gads Hill School as its pride and joy, being one of the top rated private schools in the country. The village has great access to Gravesend and Strood Town Centres, with easy commuting routes to London via the A2/M2. ## Property Photos - ![Picture No. 23](/listings/photos/56385261/1563966) - Picture No. 23 - ![Picture No. 14](/listings/photos/56385261/1563967) - Picture No. 14 - ![Picture No. 12](/listings/photos/56385261/1563968) - Picture No. 12 - ![Picture No. 09](/listings/photos/56385261/1563969) - Picture No. 09 - ![Picture No. 16](/listings/photos/56385261/1563970) - Picture No. 16 - ![Picture No. 21](/listings/photos/56385261/1563971) - Picture No. 21 - ![Picture No. 08](/listings/photos/56385261/1563972) - Picture No. 08 - ![Picture No. 19](/listings/photos/56385261/1563973) - Picture No. 19 - ![Picture No. 06](/listings/photos/56385261/1563974) - Picture No. 06 - ![Picture No. 15](/listings/photos/56385261/1563975) - Picture No. 15 - ![Picture No. 11](/listings/photos/56385261/1563976) - Picture No. 11 - ![Picture No. 13](/listings/photos/56385261/1563980) - Picture No. 13 - ![Picture No. 22](/listings/photos/56385261/1563982) - Picture No. 22 ## Floorplans - ![Picture No. 02](/listings/photos/56385261/1563984) - Picture No. 02 - ![Picture No. 03](/listings/photos/56385261/1563986) - Picture No. 03 ## EPC Graphs - ![EPC Rating Graph](/listings/photos/56385261/1563989) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 15 ST JOHNS CLOSE, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7BP | £300,000 | 30/09/2019 | Detached | | 15 ST JOHNS CLOSE, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7BP | £240,000 | 26/04/2007 | Detached | | 15 ST JOHNS CLOSE, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7BP | £155,000 | 20/03/2003 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 32 THE BRAES, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7NA | £550,000 | 24/08/2023 | Detached | | 28 SCHOOL LANE, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7JE | £438,500 | 31/10/2022 | Detached | | 19 FORGE LANE, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7AS | £525,000 | 26/08/2022 | Detached | | 4 THE LARCHES, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7NQ | £577,500 | 18/07/2022 | Detached | | 10 ST JOHNS ROAD, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7BY | £436,000 | 01/09/2021 | Detached | | 40 THE BRAES, HIGHAM, ROCHESTER, GRAVESHAM, KENT, ME3 7NA | £550,000 | 18/08/2021 | Detached | **Area average:** £512,833 (6 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £546,611 (27 Detached, ME3, 2024–2026) - **Deviation:** -45.1% ## Rental Range *ONS Price Index of Private Rents (Gravesham). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,197/mo - **Realistic:** £1,330/mo - **Optimistic:** £1,463/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Medway & Swale (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £848/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Semi-Detached House, Peggoty Close, ME3 | £1,300/mo | 2 | 0.38 miles | OpenRent | **Average rent: £1,300/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.43% (weak for cashflow) - **Max investor price (0.8%):** £162,500 - **Target investor price (1%):** £130,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,300/mo).* - **Gross yield:** 5.2% - **Cost-to-rent:** 19.2× - **Monthly cashflow:** £-36/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.5% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 33% - **10y growth:** 81.1% ## House Price Index (HM Land Registry) *Official index for Gravesham; Detached series; as of April 2026.* - **1y growth (index):** -1.8% - **5y growth (index):** 13.4% - **10y growth (index):** 27.2% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)