Summary - 24A MEADOW BANK ROAD CHATHAM ME4 4PD
1 bed 1 bath Apartment
Ideal auction purchase for cash buyers or renovators seeking central Chatham location and garden access.
Small lower-ground one-bedroom flat with rear garden access
Requires full refurbishment throughout; visible water damage and dated fittings
Lease c.65 years remaining — may block mortgage lending
Sold at modern auction; undisclosed reserve and buyer fees apply
Electric room heaters only; likely heating and services upgrades needed
Solid brick construction, no assumed wall insulation; double glazing pre-2002
Very central location near Chatham transport links and town centre
Area has very high crime and high deprivation; factor local risks
A compact lower-ground one-bedroom flat in central Chatham, offered at modern auction. The layout provides a living room, kitchen, bedroom and first-floor bathroom, plus a small rear garden. Proximity to the town centre and good transport links will suit purchasers wanting quick access to amenities.
The property requires full renovation throughout: dated fixtures, visible water damage, electric room heaters only, and likely services work. The building is solid brick with no assumed cavity insulation and double glazing installed before 2002 — expect running-cost and upgrade work.
Important legal and purchase notes: the lease has approximately 65 years remaining, which may prevent mortgage lending and restrict buyer options. The sale is via modern auction with an undisclosed reserve, a non-refundable reservation fee (minimum £6,600) and additional buyer fees — this favours cash or investor purchasers prepared for auction terms.
This is a short‑term value opportunity for an experienced investor or hands‑on renovator. Factor in refurbishment costs and lease extension costs before bidding. The flat offers entry-level footprint and a rear garden, but significant works and legal checks are essential before committing.
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