Property Overview
A rare opportunity to acquire a contemporary two-bedroom end-townhouse, split across three floors, with private undercroft parking and no ongoing charges. One of four identical modern homes in a self-contained block, the property is currently let at £1,300pcm, offering a hands-off investment with strong yield and capital growth potential.
Accommodation Includes:
- Ground Floor: WC & Utility/Storage Room
- First Floor: Spacious Lounge/Diner & Fitted Kitchen (with integrated hob & oven)
- Second Floor: Two Bedrooms & Family Bathroom
- Private parking space under the building
- No gardens = low maintenance asset
Investment Highlights
- Freehold – no ground rent or service charges
- Rental Income: £1,300pcm / £15,600 per annum
- Gross Yield: 5.9% at asking price (£265,000)
- Low Maintenance = Higher Net Returns
- Part of a block of four identical units, all fully let
- Examples Of Rentals Within a ¼ Mile Radius – click HERE
Block Purchase Options
The entire block of four properties is available for purchase, offering a total annual rental income of £57,600:
Unit |
Monthly Rent |
Annual Rent |
No. 1 |
£1,200 |
£14,400 |
No. 2 |
£1,200 |
£14,400 |
No. 3 |
£1,300 |
£15,600 |
No. 4 |
£1,100 |
£13,200 |
Total |
|
£57,600 |
Portfolio Asking Price (Guide): £1,060,000
Gross Portfolio Yield: 5.43%
Yield & Capital Appreciation
Gross Yield on No. 1 Worcester Court:
- Asking Price: £265,000
- Annual Rent: £15,600
- Gross Yield: 5.8%
Capital Appreciation in Rochester (Last 5 Years):
- +27% average property value increase (Source: HM Land Registry & Zoopla, 2019–2024)
- 2-bed townhouses in Rochester ME1 have seen consistent capital growth, outperforming many neighbouring Medway towns.
- Ongoing infrastructure improvements and commuter demand continue to fuel appreciation.
Example: A typical 2-bed townhouse in Rochester priced at £210,000 in 2019 now commands £260,000–£270,000, representing a 25–30% uplift.
Why Invest In Rochester
Superb Commuter Connectivity
- 35 minutes to London St Pancras via High-Speed Rail
- Easy access to A2, M2, M25
- Rochester station less than 1 mile away
Historic Appeal & Regeneration
- Iconic landmarks: Rochester Castle, Cathedral, and Dickens heritage
- Ongoing developments like Rochester Riverside are transforming the area into a top-tier investment location
Strong Rental Demand
- Close to University for the Creative Arts, Medway Hospital, and excellent schools
- High demand from young professionals, NHS staff, students, and families
Lifestyle & Amenities
- Charming high street, restaurants, cafes, and riverside walks
- Thriving cultural scene and excellent public spaces
Summary
- Immediate income-producing asset
- Freehold, zero leasehold risks or charges
- Excellent gross yields and proven capital growth
- High tenant demand in a regenerating town
- Optional block purchase for portfolio investors