Town & Country · 4 Nov 2026 · in 16 days
Freehold Commercial and Residential Development Opportunity
70-72 and 74-76 High Street, Strood, Rochester, Kent, ME2 4AR · South East
LiveLandFreeholdVacant
- Guide
- £475,000
- Rent a year
- Vacant
- Yield on the guide
- –
- Payback
- –
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- D
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
- A
- B
- C
- D
- E
- F
- G
D from the government EPC register, lodged 16 Jun 2016 (certificate 0090-1922-0366-6240-9014). Meets today's minimum for letting commercial property in England and Wales (E or better).
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 11 Oct 2026.
Town & Country's record
Town & Country's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold land lot in Rochester. Offered vacant, so there's no income from day one.
Lot 2. Freehold Commercial and Residential Development Opportunity An excellent opportunity to acquire a substantial freehold development opportunity in the heart of Strood High Street, offered with vacant possession and the benefit of an existing and valid planning permission for a mixed-use scheme. Planning permission MC/22/0108 provides for the construction of two additional storeys to create eight self-contained apartments, together with two Class E commercial units at ground-floor level with new shop fronts. Planning conditions have been discharged, with the associated costs already paid by the vendor, representing an estimated saving of approximately £4,000 to the purchaser. There may also be potential to enhance the residential mix from 8 x one-bedroom apartments to 4 x two-bedroom and 4 x one-bedroom apartments, subject to a successful Section 73 application, building control and all necessary approvals. Occupying a prominent High Street position, the property presents an attractive opportunity for developers and investors to acquire a vacant freehold asset with an established eight-unit residential consent and further potential to optimise the scheme. Please Note: One…
Figures come from Town & Country's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.