3 Bed Detached House, Planning Permission, Chatham, ME4 6RD, £330,000

Pagitt Street, Chatham, ME4 6RD - a year ago

Planning
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£175K - £430K
Sold Prices/m²£2.1K/m² - £4.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£274,077

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£24,200

Total Cash In

£106,700

 

 

Cash Out

 

Rent Range

£1,200 - £3,550

Rent Estimate

£1,256

Running Costs/mo

£1,302

Cashflow/mo

£-46

Cashflow/yr

£-557

Gross Yield

5%

Local Sold Prices

52 sold prices from £175K to £430K, average is £249.8K. £2.1K/m² to £4.5K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£223K05/210.01 miDunlin, Corkwell Street, Chatham, Medway ME4 6RY3
£205K02/210.05 mi50, Pagitt Street, Chatham, Medway ME4 6RE3
£250K03/210.05 mi54, Pagitt Street, Chatham, Medway ME4 6RE3
£318.5K08/230.06 mi132, Rochester Street, Chatham, Medway ME4 6RS3
£287.5K04/230.06 mi148, Rochester Street, Chatham, Medway ME4 6RS3
£175K09/210.06 mi21, Rochester Street, Chatham, Kent ME4 6RT3
£188K12/200.09 mi124, Dale Street, Chatham, Medway ME4 6QH3
£197K02/210.09 mi128, Dale Street, Chatham, Medway ME4 6QH3
£250K04/210.12 mi38, King Edward Road, Chatham, Medway ME4 6EA3
£295K12/220.12 mi8, King Edward Road, Chatham, Medway ME4 6EA3
£385K12/220.13 mi28, Blenheim Avenue, Chatham, Medway ME4 6UU3
£249.5K08/230.13 mi83, Ordnance Street, Chatham, Medway ME4 6SF3
£231.5K06/210.14 mi12, Pagitt Street, Chatham, Medway ME4 6RF3
£245K10/210.14 mi41, Pagitt Street, Chatham, Kent ME4 6RF3
£237.5K11/200.14 mi134, Pagitt Street, Chatham, Medway ME4 6RB3
£210K04/210.15 mi143, Rochester Street, Chatham, Medway ME4 6RX3
£330K01/240.19 mi41, Blenheim Avenue, Chatham, Medway ME4 6UX3
£285K08/210.22 mi68, Ingle Road, Chatham, Medway ME4 5SE3
£235K04/210.22 mi26, Maidstone Road, Chatham, Medway ME4 6DG3
£234K05/210.22 mi68, Maidstone Road, Chatham, Medway ME4 6DG3
£300K07/230.22 mi58, Maidstone Road, Chatham, Medway ME4 6DG3
£318K06/230.23 mi9, Elmhurst Gardens, Chatham, Medway ME4 6UL3
£318K06/230.23 mi9, Elmhurst Gardens, Chatham, Medway ME4 6UL3
£316K10/230.23 mi15, Elmhurst Gardens, Chatham, Medway ME4 6UL3
£242K03/210.23 mi63, Ingle Road, Chatham, Medway ME4 5SD3
£235K07/210.23 mi13, Ingle Road, Chatham, Medway ME4 5SD3
£220K11/210.23 mi51, Ingle Road, Chatham, Medway ME4 5SD3
£177K12/200.23 mi46, Southill Road, Chatham, Medway ME4 5SB3
£272.5K07/230.23 mi243, Dale Street, Chatham, Medway ME4 6QP3
£230K05/210.24 mi132, Boundary Road, Chatham, Medway ME4 6UW3
£218K06/210.26 mi59, The Chase, Chatham, Medway ME4 6UP3
£175K02/210.26 mi56, Charter Street, Chatham, Medway ME4 5RZ3
£258K04/210.26 mi26, Boundary Road, Chatham, Medway ME4 6TS3
£300K04/210.27 mi50, Lansdowne Road, Chatham, Medway ME4 6LJ3
£310K07/230.27 mi40, Wyndham Road, Chatham, Medway ME4 6QS3
£305K03/240.27 mi26, Wyndham Road, Chatham, Medway ME4 6QS3
£350K02/210.27 mi4, Carpenters Close, Rochester, Kent ME1 2QH3
£340K08/210.27 mi30, Carpenters Close, Rochester, Medway ME1 2QH3
£335K06/230.27 mi48, Rochester Street, Chatham, Medway ME4 6RP3
£235K02/230.27 mi101, Charter Street, Chatham, Medway ME4 5RY3
£175K02/210.28 mi21, Southill Road, Chatham, Medway ME4 5SA3
£315K09/210.28 mi39, Purbeck Road, Chatham, Medway ME4 6EE3
£250K10/230.29 mi88, Holcombe Road, Chatham, Medway ME4 5RX3
£300K06/210.3 mi5, Port Rise, Chatham, Medway ME4 6QA3
£350K06/210.3 miKisdon, Rosebery Road, Chatham, Medway ME4 6LG3
£430K05/230.3 mi27a, Maidstone Road, Chatham, Medway ME4 6DD3
£201K11/200.31 mi9, Cottall Avenue, Chatham, Medway ME4 6HG3
£205K02/230.31 mi52, Cottall Avenue, Chatham, Medway ME4 6HG3
£176.8K07/230.31 mi3, Cottall Avenue, Chatham, Medway ME4 6HG3
£176.8K07/230.31 mi3, Cottall Avenue, Chatham, Medway ME4 6HG3
£240K11/200.31 mi35, Mount Road, Chatham, Medway ME4 5RN3
£420K06/210.32 mi7, Brenchley Close, Rochester, Kent ME1 2QL3

Local Rents

51 rents from £1.2K/mo to £3.5K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35005/240.06 miRochester Street, Chatham3
£1,50003/250.07 mi-3
£2,95006/240.08 mi-3
£3,55007/240.08 mi-3
£1,39505/240.09 mi-3
£1,45002/250.09 mi-3
£2,20002/240.1 mi-3
£1,35005/240.1 miDale Street, Chatham, Kent, ME43
£3,10004/250.12 mi-3
£1,40005/240.12 miBlenheim Avenue, Chatham3
£1,37505/240.13 mi-3
£1,40006/240.15 miGrosvenor Avenue, Chatham3
£1,50006/240.15 miMaidstone Road, Chatham, ME43
£1,30005/240.16 miDale Street, Chatham, Kent, ME43
£1,20008/240.16 miDale Street, Chatham, Kent, ME43
£1,80012/240.17 mi-3
£1,60007/240.22 miIngle Road Chatham ME43
£1,60005/240.22 miMaidstone Road, Chatham, Kent, ME43
£1,25005/240.23 miIngle Road, Chatham3
£1,40006/240.23 miFort Pitt Street, Chatham, Kent, ME43
£1,35006/240.23 miIngle Road Chatham ME43
£1,75006/240.26 miThe Chase Chatham ME43
£1,39505/240.26 miBoundary Road, CHATHAM3
£1,30007/240.26 miBoundary Road, Chatham3
£1,25005/240.28 miSouthill Road Chatham ME43
£1,25007/240.28 miSouthill Road Chatham ME43
£1,30008/240.28 miSouthill Road Chatham ME43
£1,60006/240.29 mi-3
£1,60007/240.29 mi-3
£1,60007/240.29 miPort Rise, Chatham, ME43
£1,50002/250.3 mi-3
£1,35005/240.32 miMount Road Chatham ME43
£1,35007/240.32 miMount Road, Chatham3
£1,50007/240.33 miBalfour Road, Chatham, Kent, ME43
£1,42505/240.34 mi-3
£1,75005/240.36 mi-3
£3,10001/250.4 mi-3
£3,00003/250.4 mi-3
£1,35005/240.44 miSt Williams Way, Rochester, ME13
£1,35012/240.44 miLeopold Road, Chatham3
£1,50005/240.44 miCity Way, Rochester, Kent, ME13
£1,50005/240.44 miCity Way, Rochester, Kent, ME13
£2,10005/240.45 mi-3
£2,10002/240.45 mi-3
£1,35002/240.45 mi-3
£1,30005/240.46 miHerbert Road Chatham ME43
£1,30005/240.46 miHerbert Road, Chatham, Kent, ME43
£1,35004/250.47 mi-3
£1,65005/240.49 miPalmerston Road Chatham ME43
£1,40004/250.49 mi-3
£1,55002/250.5 mi-3

Local Area Statistics

Population in ME4

30,244

Population in Chatham

82,044

Town centre distance

0.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.35 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Price changed to £330,000

February 16, 2025

Listed for £350,000

May 4, 2024

Floor Plans

Description

  • FANTASTIC DEVELOPMENT OPPORTUNITY +
  • HOUSE AND SHOP - FREEHOLD +
  • DETACHED GARAGE +
  • SCOPE FOR IMPROVEMENT THROUGHOUT +
  • POPULAR LOCATION - CLOSE TO CHATHAM STATION +
  • NO ONWARD CHAIN +

NO ONWARD CHAIN! - Hunters are delighted to offer this fantastic three bedroom house with shop included on Pagitt Street in Chatham!

A superb opportunity to purchase a large house with the addition of a shop included is not one to be missed. They have both been with the current vendors for many years and especially the shop has been a huge part of the local area.

The house has a large kitchen, lounge, three bedrooms and main bathroom. There is internal access into the shop also for ease! Investors and developers should view this straight away as there is a real development opportunity here to create multiple properties due to the size of this plot.

Outside is a courtyard garden and a detached garage which could be used or knocked down for the current building to be extended (subject to planning permission) or even used as parking as there is access here.

Please call Hunters Medway today to arrange your viewing by appointment only!

KEY FEATURES
MAINS GAS/ELECTRIC
MAINS WATER AND DRAINAGE
CLOSE TO LOCAL TRAIN STATION (WITHIN WALKING DISTANCE)
FIBRE BROADBAND AVAILABLE IN AREA
GOOD TELEPHONE SIGNAL ACROSS ALL MAJOR NETWORKS
EPC AWAITED

Agent Details

Hunters, Medway

01634 568173

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪