Auction

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Auction

1/7

1 bed flat for sale Valetta Way, Rochester, ME1

Guide Price

£125,000

Reduced on 14/10/2026

For sale by auction

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £264 per sq ft
Tenure: Leasehold

Council tax Band C £2,070 a year

Key features

Perfect first time buy or investment opportunity
No forward chain
Foe Sale by Modern Auction - T&C's apply
Subject to an undisclosed Reserve Price
Buyer's fees apply
Above-average EPC energy efficiency rating C (80/81)

About this property

This chain free second floor apartment with stunning river views and allocated parking will make a perfect first time buy or investment opportunity.

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

Floorplan

Council tax

Band C £2,070 a year

Per year

Band A

£1,552
Band B

£1,811
Band C

This home: £2,070
Band D

£2,329
Band E

£2,846
Band F

£3,363
Band G

£3,881
Band H

£4,657

This home is in band C, which costs £2,070 a year in Medway for 2026/27.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Medway, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone. Check a home's band on GOV.UK.

Price guide

This home

£264 / sq ft

Area average (sold)

£360 / sq ft

Price per area, sold homes nearby

£263 / sq ft

£264 / sq ft

£453 / sq ft

Lowest

This home

Highest

£264 per sq ft, below the middle of recent sales in ME1 (£263–£453, 10th–90th percentile, 847 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 847 homes sold in ME1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in ME1 →

Location

Valetta Way, Rochester, ME1

Open map Street View

Mortgage and stamp duty

Property price £125,000

£62k £188k

Deposit10% £13,000

£0 £125k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £112,000 mortgage. Most lenders would want a household income of about £25,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 8, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Nov 2025	463 sq ft £479/sq ft	463 sq ft	£479	£221,500
Flat 13, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Oct 2025	1,249 sq ft £272/sq ft	1,249 sq ft	£272	£340,000
Flat 5, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Jan 2025	474 sq ft £443/sq ft	474 sq ft	£443	£210,000
Flat 27, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Aug 2024	1,001 sq ft £260/sq ft	1,001 sq ft	£260	£260,000
Flat 1, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Dec 2023	657 sq ft £398/sq ft	657 sq ft	£398	£261,500
Flat 40, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Sept 2023	678 sq ft £376/sq ft	678 sq ft	£376	£255,000
Flat 19, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Jul 2022	484 sq ft £423/sq ft	484 sq ft	£423	£205,000
Flat 35, Bridge House, Valetta Way Flat / maisonette	Flat / maisonette	Jan 2021	667 sq ft £345/sq ft	667 sq ft	£345	£230,000