2 Bed Flat, Single Let, Chatham, ME4 4FS, £180,000
Hawke House, 55 Cross Street, Chatham, ME4 4FS - 2 views - 8 months ago
Sold STC
Leasehold
BTL
ROI: 7%
~68 m²





+13 photos
ValuationUndervalued
Sold Prices | £90K - £310K |
Sold Prices/m² | £1.3K/m² - £5.9K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.6K/m² |
Value Estimate | £195,980 |
BMV | 9% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £45,000 |
Stamp Duty & Legal Fees | £6,600 |
Total Cash In | £51,600 |
| |
Cash Out | |
Rent Range | £1,099 - £1,850 |
Rent Estimate | £1,099 |
Running Costs/mo | £802 |
Cashflow/mo | £297 |
Cashflow/yr | £3,560 |
ROI | 7% |
Gross Yield | 7% |
Local Sold Prices
31 sold prices from £90K to £310K, average is £195K. £1.3K/m² to £5.9K/m², average is £3.5K/m².
Local Rents
49 rents from £1.1K/mo to £1.9K/mo, average is £1.5K/mo.
Local Area Statistics
Population in ME4 | 30,244 |
Population in Chatham | 82,044 |
Town centre distance | 1.64 miles away |
Nearest school | 0.50 miles away |
Nearest train station | 0.86 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +17% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Listed for £180,000
September 3, 2024
Floor Plans

Description
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