1 bed flat for sale Institute Road, Chatham, ME4

Guide Price

£65,000

Added on 25/09/2026

For sale by auction

Type: Flat
Bedrooms: 1
Bathrooms: 1
Tenure: Leasehold; 84 years left(from the agent's description)

Council tax Band A £1,552 a year

* From the agent's description. Check it with them before you rely on it.

Key features

AUCTION SALE
15 October 2026
Upon instruction of AMG.
Epc rating - e
To view: please contact our office.

About this property

AUCTION SALE 15 October 2026 -

Leasehold first floor flat 84 years remaining on lease

Leasehold first floor flat. 84 years remaining on lease

Location:

The property is located on Institute Road. Shopping amenities can be found locally within Chatham Town Centre. Public transport links are available at Chatham Train Station to the west and Gillingham Train Station to the north east along with a network of local bus services serving the surrounding areas. The property is served by road links including the A2 to the south east and M2 to the south. Recreational pursuits can be found at Gillingham Park to the east.

Council tax

Band A £1,552 a year

Per year

Band A

This home: £1,552
Band B

£1,811
Band C

£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 A, which costs £1,552 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.

Location

Institute Road, Chatham, ME4

Open map Street View

Mortgage and stamp duty

Property price £65,000

£33k £98k

Deposit11% £7,000

£0 £65k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £58,000 mortgage. Most lenders would want a household income of about £13,000 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
1, Institute Road Terraced	Terraced	Jun 2025	936 sq ft £219/sq ft	936 sq ft	£219	£205,000
10, Institute Road Terraced	Terraced	Jun 2024	893 sq ft £213/sq ft	893 sq ft	£213	£190,000
20, Institute Road Terraced	Terraced	Nov 2023	904 sq ft £210/sq ft	904 sq ft	£210	£190,000
Flat 2, 8, Institute Road Flat / maisonette	Flat / maisonette	Feb 2023	441 sq ft £317/sq ft	441 sq ft	£317	£140,000
26, Institute Road Terraced	Terraced	Sept 2022	1,098 sq ft £200/sq ft	1,098 sq ft	£200	£219,500
5, Institute Road Terraced	Terraced	Feb 2020	958 sq ft £206/sq ft	958 sq ft	£206	£197,000
5, Institute Road Terraced	Terraced	Dec 2017	958 sq ft £201/sq ft	958 sq ft	£201	£193,000
Flat 1, 8, Institute Road Flat / maisonette	Flat / maisonette	Dec 2017	388 sq ft £271/sq ft	388 sq ft	£271	£105,000