# 4 bedroom house for sale (ME4 3SR) ## Property Details | Key | Value | |-----|-------| | Address | 50 THE CAUSEWAY, CHATHAM, ST MARYS ISLAND, MEDWAY ME4 3SR | | Price | £649,000 | | Bedrooms | 4 | | Bathrooms | 3 | | Council tax | F | | Last sold | £640,000 Oct 2024 | ## Description ** ANOTHER PROPERTY SOLD BY ISLAND HOMES ** THIS FOUR BEDROOM HOME SITS ALONGSIDE THE WATERFRONT IN A WONDERFUL LOCATION OFFERING PANORAMIC VIEWS ACROSS THE RIVER MEDWAY TOWARDS THE HISTORIC UPNOR CASTLE. 22FT X 19FT LIVING ROOM WITH LARGE BALCONY, 20FT X 19FT LUXURY KITCHEN/FAMILY ROOM/DINING ROOM. LARGE GARAGE. This four bedroom home is situated on the waters edge of the River Medway and offers panoramic views across the water towards Upnor Castle and with a total area of 1,812sq ft. Built by Countryside Maritime, the property offers wonderful family accommodation which is arranged over three floors, with a superb ground floor luxury kitchen/family area that measure 20ft x 18'10, fitted to the highest standard and with the most amazing views across the river, making the perfect space for entertaining. There is also a ground floor cloakroom and a wide entrance hall. The first floor layout is a real feature of these properties, offering a superb slightly L shaped 22'9 x 18'10 living room set to the rear of the house, again with panoramic views and a lovely full width sun terrace. This floor also provides the third bedroom 12'1 x 11'1 and one of the three bathrooms/en suites. The master bedroom suite is situated on the top floor of the property and is another real feature of this particular design, with floor to ceiling windows offering panoramic views across the waterfront and measuring 16'10 x 11'1 with mirrored wardrobes and a luxury en suite shower room with twin wash hand basins. There are two further bedrooms to the top floor, measuring 12' x 11'1 and 12'3 x 7'3, plus an additional luxury bathroom. The garden as you would expect offers wonderful panoramic views across the River Medway towards the historic Upnor Castle, with the additional benefit of a larger than average integral garage and additional parking on the driveway. ## Property Photos - ![River View.jpg](/listings/photos/137822735/1354407) - River View.jpg - ![Exterior.jpg](/listings/photos/137822735/1354408) - Exterior.jpg - ![River View.jpg](/listings/photos/137822735/1354409) - River View.jpg - ![Kitchen.jpg](/listings/photos/137822735/1354410) - Kitchen.jpg - ![Balcony-View.jpg](/listings/photos/137822735/1354411) - Balcony-View.jpg - ![Balcony View.jpg](/listings/photos/137822735/1354412) - Balcony View.jpg - ![River View.jpg](/listings/photos/137822735/1354413) - River View.jpg - ![Kitchen.jpg](/listings/photos/137822735/1354414) - Kitchen.jpg - ![Dining Area.JPG](/listings/photos/137822735/1354415) - Dining Area.JPG - ![Lounge.JPG](/listings/photos/137822735/1354416) - Lounge.JPG - ![View on to Balcony.jpg](/listings/photos/137822735/1354417) - View on to Balcony.jpg - ![Balcony.jpg](/listings/photos/137822735/1354418) - Balcony.jpg - ![Master Bedroom.jpg](/listings/photos/137822735/1354419) - Master Bedroom.jpg - ![Bedroom 2.jpg](/listings/photos/137822735/1354420) - Bedroom 2.jpg - ![Bathroom.jpg](/listings/photos/137822735/1354421) - Bathroom.jpg - ![En-suite.jpg](/listings/photos/137822735/1354422) - En-suite.jpg - ![Garden.jpg](/listings/photos/137822735/1354423) - Garden.jpg - ![Garden.jpg](/listings/photos/137822735/1354424) - Garden.jpg - ![Riverside View.jpg](/listings/photos/137822735/1354425) - Riverside View.jpg ## Floorplans - ![50-The-Causeway-Floor-plan.jpg](/listings/photos/137822735/1354426) - 50-The-Causeway-Floor-plan.jpg ## EPC Graphs - ![EE Rating](/listings/photos/137822735/1354427) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 50 THE CAUSEWAY, ST MARYS ISLAND, CHATHAM, MEDWAY, ME4 3SR | £640,000 | 23/10/2024 | Terraced | | 50 THE CAUSEWAY, ST MARYS ISLAND, CHATHAM, MEDWAY, ME4 3SR | £465,000 | 30/06/2017 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 46 THE CAUSEWAY, ST MARYS ISLAND, CHATHAM, MEDWAY, ME4 3SR | £685,000 | 11/07/2023 | Semi-detached | | [Same street] 58 THE CAUSEWAY, ST MARYS ISLAND, CHATHAM, MEDWAY, ME4 3SR | £710,000 | 06/02/2023 | Semi-detached | | [Same street] 42 THE CAUSEWAY, ST MARYS ISLAND, CHATHAM, MEDWAY, ME4 3SR | £705,000 | 29/07/2022 | Detached | | [Same street] 24 THE CAUSEWAY, ST MARYS ISLAND, CHATHAM, MEDWAY, ME4 3SR | £274,995 | 27/07/2022 | Flat | **Street average:** £593,749 (4 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £2,134,332 (8 Other, ME4, 2024–2026) - **Deviation:** -69.6% ## Rental Range *ONS Price Index of Private Rents (Medway). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,114/mo - **Realistic:** £1,238/mo - **Optimistic:** £1,362/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Bury St Edmunds (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,296/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 | |------|------|------|------|------| | 4 Bed End Terrace, Restharrow Way, ME4 | £2,150/mo | 4 | 0.55 miles | OpenRent | **Average rent: £2,150/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.33% (weak for cashflow) - **Max investor price (0.8%):** £268,750 - **Target investor price (1%):** £215,000 *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 £2,150/mo).* - **Gross yield:** 4% - **Cost-to-rent:** 25.2× - **Monthly cashflow:** £-646/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -4.1% *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:** 971.2% - **10y growth:** 752.2% ## House Price Index (HM Land Registry) *Official index for Medway; All dwelling types series; as of April 2026.* - **1y growth (index):** 0.1% - **5y growth (index):** 14.9% - **10y growth (index):** 37% ## 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)