Sold STC End of terrace

9 ROWAN LEA

CHATHAM, MEDWAY ME5 0BQ

1 beds 1 baths 45 m² Listed 12 Sep 2019 (-2466d)

£170,000

Offers in Region of

Reduced on 26 Sep 2019

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The Property Lounge Lounge Lounge Kitchen Landing Bedroom Bedroom Bedroom Bathroom Bathroom Street Scene Off Road Parking Street Scene Street Scene

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Property details

Tenure

FREEHOLD

Floor area

45 m²

Last sold

£167,000 Feb 2020

Local average

£317,269 (-46.4%)

Deprivation

Decile 6 (16,962 of 33,755)

Street crime

524 incidents within 1 mile (Apr 2026)

Key features

  • One Bedroom Starter Home
  • Modern Terrace House
  • Modern Bathroom
  • Open Plan Lounge/Kitchen
  • Double Glazed
  • Small Easy Upkeep Garden
  • Central Heating
  • Very Well Maintained
  • Off Road Parking
  • Generous Lounge Area

Additional details

Heating
Gas central
Parking
Off street
Garden
Private garden

Description

The Property
The perfect first home! a modern one bedroom starter presented in excellent condition throughout with no onward chain.
No issues with parking as this fine home has its own space too.
accommodation comprises, entrance door to lounge/dining room, a lovely spacious room with window to front, stairs to first floor and open plan to the kitchen area.
The kitchen comprises a range of modern wall and base units and laminated work surfaces as well as useful breakfast bar to side as well as built in storage cupboard.
On the first floor is the good size bedroom and modern bathroom comprising, panelled bath, low level WC and wash basin.
Outside the property has a small easy to manage garden to the front, laid to lawn, allocated car space very close by

Location
Rowan Lea is a small modern cul de sac comprising similar style properties.
Ideally placed on the outskirts of Chatham, this fine home has easy access to the centre of Chatham with many big name shops and main line station for the fast service to central London, journey time around forty five minutes.
The M2 will take around 15 minutes in normal traffic where you can be heading for London or the Kent coast in no time.
Close by is Luton recreation park, a large green with play area for children and ideal for dog owners.
A few minutes walk and you have a good selection of local shops for most day to day needs

Lounge / Kitchen
18'7 x 12'2

Landing
Door to bedroom and bathroom

Bedroom
12'2 x 11'1

Bathroom
6'5 x 5'7

Garden
Small easy to maintain garden to the front

Allocated Parking
Parking for one vehicle a very short distance

Listed by

covering Meridian

Purplebricks

Reference: 74118037

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

epc

epc

Price history

Event Date Price % change
Sold 14/02/2020 (6 years ago) £167,000

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
Same street 21 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £184,000 22/12/2025 Terraced
Same street 37 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £270,000 28/11/2025 Semi-detached
Same street 15 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £205,000 09/05/2025 Terraced
13 CRESTWAY, CHATHAM, MEDWAY, ME5 0BB £282,000 24/11/2023 Terraced
Same street 16 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £215,000 18/08/2023 Semi-detached
Same street 46 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £270,000 28/04/2023 Terraced
20 STONECROSS LEA, CHATHAM, MEDWAY, ME5 0BL £175,000 06/04/2023 Terraced
60 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BW £216,000 28/10/2022 Terraced
45 SHANKLIN CLOSE, CHATHAM, MEDWAY, ME5 7QL £262,000 06/10/2022 Terraced
77 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BW £214,500 10/08/2022 Terraced
32 SHANKLIN CLOSE, CHATHAM, MEDWAY, ME5 7QL £250,000 20/05/2022 Terraced
47 SHANKLIN CLOSE, CHATHAM, MEDWAY, ME5 7QL £258,000 06/05/2022 Terraced
3 SHANKLIN CLOSE, CHATHAM, MEDWAY, ME5 7QL £225,000 11/02/2022 Terraced
65 CRESTWAY, CHATHAM, MEDWAY, ME5 0BD £270,000 24/09/2021 Terraced
21 STONECROSS LEA, CHATHAM, MEDWAY, ME5 0BL £210,000 03/09/2021 Terraced
98 CRESTWAY, CHATHAM, MEDWAY, ME5 0BD £260,000 19/08/2021 Terraced
Same street 43 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £320,000 17/08/2021 Terraced
20 BRACKEN LEA, CHATHAM, MEDWAY, ME5 0BZ £220,000 16/08/2021 Terraced
Same street 12 ROWAN LEA, CHATHAM, MEDWAY, ME5 0BQ £195,000 06/08/2021 Semi-detached
23 CRESTWAY, CHATHAM, MEDWAY, ME5 0BB £250,000 16/07/2021 Terraced

Street average: £237,000 (7 sales)

Area average: £237,885 (13 sales)

Capital growth trend

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

5y growth 14.5%
10y growth 28.6%

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

1y (index) 0.5%
5y (index) 17%
10y (index) 45.5%

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: £673/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Bus stop Street End Road 0.1 miles
Shop Nationwide Repair Centres 0.1 miles
Shop B&M Specialist 0.2 miles
Hospital Medway Maritime Hospital 0.9 miles
Hospital Unknown 1.0 miles
Train station Chatham 1.3 miles
Train station Gillingham 1.5 miles
University Unknown 1.6 miles
University University of Kent - Medway Campus 2.1 miles

Street-level crime

Category Count
Violence and sexual offences 174
Anti-social behaviour 109
Shoplifting 57
Criminal damage and arson 37
Other theft 36
Vehicle crime 25
Public order 23
Drugs 21
Robbery 13
Burglary 9
Other crime 8
Possession of weapons 8
Theft from the person 4
Total incidents 524

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
Luton Primary School Primary 0.4 miles Good — 13 Sep 2023
The Victory Academy Secondary 0.4 miles Good — 17 May 2023
Kingfisher Community Primary School Primary 0.5 miles Good — 9 Oct 2019
Greenvale Primary School Primary 0.6 miles Good — 18 Jan 2024
Wayfield Primary School Primary 0.6 miles (Inspected (no overall grade))

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
Studio Flat, Capstone Road, ME5 £800/mo 1 0.33 miles OpenRent
1 Bed Flat, Rainham Road, ME5 £925/mo 1 0.66 miles OpenRent

Average rent: £863/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.51%
Max investor price (0.8%) £107,875
Target investor price (1%) £86,300
Gross yield 6.1%
Cost-to-rent ratio 16.4×
Monthly cashflow £82/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 2%
  • 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).