Sold STC Bungalow

18 CHETNEY CLOSE

ROCHESTER, MEDWAY ME2 2TL

3 beds 2 baths 1,141 sq ft Listed 6 Apr 2022 (-1531d)

£450,000

Reduced on 27 May 2022

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# 3 bedroom bungalow for sale (ME2 2TL)

## Property Details

| Key | Value |
|-----|-------|
| Address | 18 CHETNEY CLOSE, ROCHESTER, MEDWAY ME2 2TL |
| Price | £450,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | E |
| Construction age | England and Wales: 1950-1966 |
| Floor area | 106 m² |
| Last sold | £432,500 Jan 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 04/04/2032
- **Est. upgrade cost to C:** £11,695

### Recommendations
- A2 (£850 - £1,500)
- W1 (£800 - £1,200)
- E (£20)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9500-8156-0422-6101-3423)

## Description

This sizable property consists of entrance hall, 20ft lounge, dining room, inner hallway, 15ft kitchen, three bedrooms, en-suite shower room to master bedroom.

In addition to all this the property benefits from a good sized rear garden, garage and driveway to front. An internal viewing comes highly recommended.

Tenure: Freehold | Medway Council | Council Tax Band E |

## Property Photos

- ![832235 (13)c](/listings/photos/122054258/511168) - 832235 (13)c
- ![832235 (5)c](/listings/photos/122054258/511178) - 832235 (5)c
- ![832235 (1)c](/listings/photos/122054258/511183) - 832235 (1)c
- ![832235 (12)c](/listings/photos/122054258/511188) - 832235 (12)c
- ![832235 (6)c](/listings/photos/122054258/511195) - 832235 (6)c
- ![832235 (7)c](/listings/photos/122054258/511197) - 832235 (7)c
- ![832235 (17)c](/listings/photos/122054258/511201) - 832235 (17)c
- ![832235 (19)c](/listings/photos/122054258/511205) - 832235 (19)c
- ![832235 (20)c](/listings/photos/122054258/511210) - 832235 (20)c
- ![Capture](/listings/photos/122054258/511215) - Capture

## Floorplans

- ![624d6b6893636-832235](/listings/photos/122054258/511220) - 624d6b6893636-832235

## EPC Graphs

- ![Energy Performanc...](/listings/photos/122054258/511224) - Energy Performanc...

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #8291763
- **Address:** 18 Chetney Close, ROCHESTER, ME2 2TL
- **Certificate Issued:** 18/07/2011
- **Work Completed:** 29/06/2011
- **Items:** 7 window(s), 2 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 CHETNEY CLOSE, ROCHESTER, MEDWAY, ME2 2TL | £432,500 | 20/01/2023 | Semi-detached |
| 18 CHETNEY CLOSE, ROCHESTER, MEDWAY, ME2 2TL | £195,000 | 17/12/2010 | Semi-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 |
|---------|-------|------|------|
| 4 CHURCHWARDEN DRIVE, ROCHESTER, MEDWAY, ME2 2WA | £612,000 | 23/05/2025 | Detached |
| 7 THE SHADES, ROCHESTER, MEDWAY, ME2 2UD | £650,000 | 21/02/2025 | Detached |
| 4 THE SHADES, ROCHESTER, MEDWAY, ME2 2UB | £380,000 | 18/01/2024 | Detached |
| 1 CHURCHWARDEN DRIVE, ROCHESTER, MEDWAY, ME2 2WA | £585,000 | 20/12/2023 | Detached |
| 3 CHURCHWARDEN DRIVE, ROCHESTER, MEDWAY, ME2 2WA | £520,000 | 20/12/2023 | Detached |
| 9 MILLFORDHOPE ROAD, ROCHESTER, MEDWAY, ME2 2TE | £500,000 | 15/05/2023 | Detached |
| 41 THE SHADES, ROCHESTER, MEDWAY, ME2 2UD | £515,000 | 15/03/2023 | Detached |
| 17 THE SHADES, ROCHESTER, MEDWAY, ME2 2UD | £563,000 | 15/11/2022 | Detached |

**Area average:** £540,625 (8 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £436,399 (19 Detached, ME2, 2024–2026)
- **Deviation:** +3.1%

## Rental Range

*ONS Price Index of Private Rents (Medway). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,113/mo
- **Realistic:** £1,237/mo
- **Optimistic:** £1,361/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Medway & Swale (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £937/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 |
|------|------|------|------|------|
| 3 Bed Terraced House, Strood, ME2 | £1,600/mo | 3 | 0.73 miles | OpenRent |

**Average rent: £1,600/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.36% (weak for cashflow)
- **Max investor price (0.8%):** £200,000
- **Target investor price (1%):** £160,000

*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 £1,600/mo).*

- **Gross yield:** 4.3%
- **Cost-to-rent:** 23.4×
- **Monthly cashflow:** £-357/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.3%

*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).*

## Price per Square Metre

- **£/m²:** £4,245/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 0.7%
- **10y growth:** 16.5%

## House Price Index (HM Land Registry)

*Official index for Medway; Detached series; as of March 2026.*

- **1y growth (index):** 0.8%
- **5y growth (index):** 17.2%
- **10y growth (index):** 43.1%

## 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)

832235 (13)c 832235 (5)c 832235 (1)c 832235 (12)c 832235 (6)c 832235 (7)c 832235 (17)c 832235 (19)c 832235 (20)c Capture

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Property details

Tenure

FREEHOLD

Floor area

106 m²

Council tax band

EPC rating

Year built

England and Wales: 1950-1966

Last sold

£432,500 Jan 2023

Price per m²

£4,245/m²

Local average

£436,399 (+3.1%)

Deprivation

Decile 3 (7,164 of 33,755)

Street crime

94 incidents within 1 mile (Apr 2026)

Key features

Semi Detached Bungalow
Three Bedrooms
Two Receptions
En Suite To Master
Sought After Location
Garage
Off Street Parking
Energy Efficiency Rating D

Additional details

Parking: Garage
Garden: Private garden

Description

Acorn are pleased to offer to the market this lovely Semi Detached Bungalow. A rare opportunity to purchase a three bedroom semi detached bungalow on the highly sought after Parkfields development in Strood.

This sizable property consists of entrance hall, 20ft lounge, dining room, inner hallway, 15ft kitchen, three bedrooms, en-suite shower room to master bedroom.

In addition to all this the property benefits from a good sized rear garden, garage and driveway to front. An internal viewing comes highly recommended.

Tenure: Freehold | Medway Council | Council Tax Band E |

Listed by

Strood

Leaders and Romans Group

Reference: 122054258

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 05/04/2022

Expiry date: 04/04/2032

Est. upgrade cost to C: £11,695

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Flat roof or sloping ceiling insulation (£850 - £1,500)
Floor insulation (suspended floor) (£800 - £1,200)
Low energy lighting for all fixed outlets (£20)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

624d6b6893636-832235

EPC Graphs

Energy Performanc...

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #8291763

Property Details

Street: 18 Chetney Close

Town: ROCHESTER

Postcode: ME2 2TL

Installation Details

Items: 7 windows and 2 doors

Certificate Issued: 18/07/2011

Work Completed: 29/06/2011

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

122% since 2010

Event	Date	Price	% change
Sold	20/01/2023 (3 years ago)	£432,500	+121.8%
Sold	17/12/2010 (15 years ago)	£195,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
4 CHURCHWARDEN DRIVE, ROCHESTER, MEDWAY, ME2 2WA	£612,000	23/05/2025	Detached
7 THE SHADES, ROCHESTER, MEDWAY, ME2 2UD	£650,000	21/02/2025	Detached
4 THE SHADES, ROCHESTER, MEDWAY, ME2 2UB	£380,000	18/01/2024	Detached
1 CHURCHWARDEN DRIVE, ROCHESTER, MEDWAY, ME2 2WA	£585,000	20/12/2023	Detached
3 CHURCHWARDEN DRIVE, ROCHESTER, MEDWAY, ME2 2WA	£520,000	20/12/2023	Detached
9 MILLFORDHOPE ROAD, ROCHESTER, MEDWAY, ME2 2TE	£500,000	15/05/2023	Detached
41 THE SHADES, ROCHESTER, MEDWAY, ME2 2UD	£515,000	15/03/2023	Detached
17 THE SHADES, ROCHESTER, MEDWAY, ME2 2UD	£563,000	15/11/2022	Detached

Area average: £540,625 (8 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 0.7%

10y growth 16.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Medway. Series: Detached. As of March 2026.

1y (index) 0.8%

5y (index) 17.2%

10y (index) 43.1%

Rental Range

Estimated market rent for Medway. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,113/mo

Realistic £1,237/mo

Optimistic £1,361/mo

Based on Local Authority from postcode lookup → Medway.

LHA (30th percentile) floor for Medway & Swale: £937/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View ME2 2TL

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Stangate Rd	0.1 miles
Shop	Morrisons Daily	0.2 miles
Shop	hairbeautyandtanning	0.7 miles
Train station	Cuxton	1.6 miles
Train station	Strood	1.7 miles
University	Unknown	2.5 miles
Hospital	The Somerfield Hospital	8.6 miles
University	University for the Creative Arts, Maidstone TV Studios	8.9 miles
Hospital	King's / Dartford Dialysis Unit	9.0 miles

Street-level crime

Category	Count
Violence and sexual offences	43
Anti-social behaviour	15
Criminal damage and arson	10
Other crime	10
Other theft	4
Vehicle crime	4
Burglary	2
Shoplifting	2
Drugs	1
Possession of weapons	1
Public order	1
Robbery	1
Total incidents	94

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Strood Academy	Secondary	0.2 miles	Good — 18 Jul 2013
Bligh Primary School (Juniors)	Primary	0.2 miles	Good — 14 Sep 2023
Bligh Primary School (Infants)	Primary	0.2 miles	Outstanding — 3 Sep 2015
Elaine Primary School	Primary	0.7 miles	Good — 20 Nov 2022
Abbey Court Foundation Special School	Other	0.8 miles	Outstanding — 19 Nov 2012

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
3 Bed Terraced House, Strood, ME2	£1,600/mo	3	0.73 miles	OpenRent

Average rent: £1,600/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%

Max investor price (0.8%) £200,000

Target investor price (1%) £160,000

Gross yield 4.3%

Cost-to-rent ratio 23.4×

Monthly cashflow £-357/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -3.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).