Summary - 2 FLAT 5 UNION STREET ROCHESTER ME1 1XZ
1 bed 1 bath Studio
Affordable central studio with period charm and modern kitchen, ideal first-time buyers.
- Grade II listed Georgian studio with period character
- Open-plan living, modern galley kitchen, small loft room
- Leasehold with c.63 years remaining — mortgage risk possible
- Sold by Modern Method of Auction; reservation fee applies (4.5%)
- Reservation fee minimum roughly £6,000–£6,600; additional pack costs
- Service charge c.£1,400 pa and ground rent £100 pa
- Council tax very cheap; broadband speeds fast
- High local crime and very deprived wider area may affect value
A compact studio set within a Grade II listed Georgian building on Union Street, offered through the Modern Method of Auction. The open-plan living/kitchen and small loft room suit a first-time buyer or city-based single seeking an affordable entry into Rochester’s historic centre. The kitchen is modern and integrated, and the apartment benefits from fast broadband for working from home.
Important practical points are clear: the flat is leasehold with approximately 63 years remaining — this short lease may limit mortgage options and will need review by your solicitor. The building’s listed status brings character but will restrict external and internal changes, and the auction sale process carries a non-refundable reservation fee (4.5% of the purchase price, with a minimum in the region of £6,000–£6,600) plus pack preparation costs.
Ongoing costs include an average service charge of £1,400 pa and ground rent of £100 pa; council tax is described as very cheap. The immediate area is lively and well served by shops, cafes and transport, but note the local crime rate is high and the wider neighbourhood shows significant deprivation, which may affect long-term resale or rental values.
Buyers should conduct full due diligence using the Buyer Information Pack, verify lease and lender acceptability, and allow time for the auction completion timetable. For a buyer who accepts the lease and auction conditions, this apartment offers an economical route into central Rochester with period character and modern conveniences.
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