Summary - MARINA HOUSE 112 JOHN STREET ROCHESTER ME1 1YW
3 bed 1 bath Flat
Chain-free three-bedroom flat in central Rochester — renovation opportunity for investors..
Ground-floor three-bedroom flat, approximately 789 sq ft
Chain-free; to be sold at auction via Modern Method of Auction
Requires full refurbishment and updating throughout
Leasehold with c.86 years remaining; ground rent £10
Mains gas boiler and radiators; double glazing fitted (date unknown)
Located close to central Rochester amenities and transport links
Area classed very deprived and local crime levels are high
Buyer pays non-refundable reservation fee and £300 information pack fee
A ground-floor three-bedroom flat in central Rochester offering 789 sq ft of internal space and immediate vacant possession. Its size and layout suit an investment conversion or a renovation for resale; being chain-free and close to local amenities adds lettability and convenience.
The property requires refurbishment throughout — cosmetic and likely functional works are needed — but retains practical features such as mains gas heating with boiler and radiators and double glazing (install date unknown). The lease has about 86 years remaining with a nominal ground rent of £10; this is a leasehold sale by auction so legal and time costs apply.
Buyers should note the sale route: Modern Method of Auction with a non-refundable reservation fee (4.5% of purchase price, minimum £6,600) plus a buyer information pack fee (£300). Completion target is 56 days from exchange of contracts, and buyers must complete their own due diligence before bidding.
This property suits investors or experienced refurbishing buyers who can budget for updating and factor in auction fees, lease length, and local market challenges. The location near schools, shops and transport links supports rental demand, but the area records higher crime and is classified as very deprived — factor this into rental income and refurbishment budgets.
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