4 Bed Terraced House, Refurb/BRRR, Chatham, ME5 7NQ, £360,000

Christie Close, Chatham, Kent, ME5 7NQ - 6 views - 7 months ago

Sold STC
Refurb/BRRR
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£247K - £625K
Sold Prices/m²£2.2K/m² - £5.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.8K/m²

Value Estimate

£370,800
BMV3%

 

 

End Value (After Refurb)

£538,572

Uplift in Value

+50%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£17,500

Refurb Costs

£63,378

Bridging Loan Interest

£9,450

Total Cash In

£182,078

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£538,572

Agent Fees (1%)

£5,386

Bridging Loan

£270,000

Bridging Loan Interest

£9,450

Flip Profit

£81,108

Local Sold Prices

50 sold prices from £247K to £625K, average is £397.5K. £2.2K/m² to £5.2K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£300K12/200.1 mi17, Winchelsea Road, Chatham, Medway ME5 7LY4
£470K02/210.12 mi235, Lords Wood Lane, Chatham, Kent ME5 8JU4
£440K02/210.12 mi277, Lords Wood Lane, Chatham, Medway ME5 8JU4
£450K02/210.15 mi24, Wittersham Close, Chatham, Medway ME5 7NA4
£465K03/210.18 mi7, Cook Close, Chatham, Medway ME5 8LU4
£405K11/200.18 mi342, Lords Wood Lane, Chatham, Kent ME5 8JT4
£450K03/210.18 mi316, Lords Wood Lane, Chatham, Medway ME5 8JT4
£375K09/210.18 mi7, Stanley Road, Chatham, Medway ME5 8LN4
£470K07/210.21 mi6, Bowman Close, Chatham, Medway ME5 8LD4
£520K11/200.21 mi14, Bowman Close, Chatham, Kent ME5 8LD4
£475K12/220.25 mi20, Setford Road, Chatham, Medway ME5 8LP4
£247K02/210.26 mi22, Anson Close, Chatham, Medway ME5 7QX4
£430K12/200.27 mi9, Thrush Close, Chatham, Medway ME5 7TG4
£432K11/220.27 mi8, Thrush Close, Chatham, Medway ME5 7TG4
£375K03/210.29 mi1, Tenterden Road, Chatham, Medway ME5 7ND4
£440K01/210.29 mi89, Redwing Road, Chatham, Medway ME5 7TH4
£367.5K01/210.29 mi86, Redwing Road, Chatham, Kent ME5 7TH4
£600K05/230.31 mi6, Ryegrass Close, Chatham, Medway ME5 8JY4
£550K05/210.31 mi6, Ryegrass Close, Chatham, Medway ME5 8JY4
£500K11/210.32 mi10, Fowey Close, Chatham, Medway ME5 8JX4
£480K06/210.32 mi16, Fowey Close, Chatham, Medway ME5 8JX4
£500K12/220.32 mi9, Fowey Close, Chatham, Medway ME5 8JX4
£415K03/230.33 mi32, Glamis Close, Chatham, Medway ME5 7QQ4
£441K03/230.33 mi4, Highgrove Road, Chatham, Medway ME5 7QE4
£450K07/230.33 mi19, Highgrove Road, Chatham, Medway ME5 7QE4
£380K07/210.33 mi5, Highgrove Road, Chatham, Medway ME5 7QE4
£360K05/230.36 mi368a, Lords Wood Lane, Chatham, Medway ME5 8JS4
£340K02/210.36 mi3, Downland Walk, Chatham, Medway ME5 8AF4
£625K01/230.39 mi2, Barleymow Close, Chatham, Medway ME5 8JZ4
£361K04/210.4 mi30, Scotby Avenue, Chatham, Medway ME5 8ER4
£455K10/220.4 mi22, Hampton Close, Chatham, Medway ME5 7RB4
£450K11/200.4 mi40, Barleymow Close, Chatham, Medway ME5 8JZ4
£400K06/210.4 mi16, Hampton Close, Chatham, Kent ME5 7RB4
£300K05/210.4 mi2, Kingston Crescent, Chatham, Medway ME5 8YG4
£360K08/210.46 mi453, Lords Wood Lane, Chatham, Kent ME5 8EL4
£360K12/220.48 mi29, Kingfisher Drive, Chatham, Medway ME5 7NX4
£395K04/210.49 mi14, Peacock Rise, Chatham, Medway ME5 8RN4
£270K12/200.53 mi25, Lambeth Close, Chatham, Medway ME5 8YL4
£402.5K06/210.56 mi51, Prince Charles Avenue, Chatham, Medway ME5 8EY4
£300.3K06/210.62 mi19, Bleakwood Road, Chatham, Medway ME5 0NF4
£365K07/230.63 mi43, Fallowfield, Chatham, Medway ME5 0DX4
£310K03/210.63 mi102, Kingfisher Drive, Chatham, Medway ME5 7NZ4
£373K05/230.66 mi543, Lords Wood Lane, Chatham, Medway ME5 8NR4
£322K03/210.66 mi19, Brambledown, Chatham, Medway ME5 0DY4
£287K08/210.68 mi107, Sussex Drive, Chatham, Kent ME5 0NR4
£340K04/210.7 mi34, Hazel Grove, Chatham, Medway ME5 0ED4
£320K12/200.71 mi50, Sundridge Drive, Chatham, Medway ME5 8HT4
£315K12/210.71 mi23, Walderslade Road, Chatham, Medway ME5 0JA4
£385K11/200.71 mi264, Walderslade Road, Chatham, Medway ME5 0PA4
£365K06/210.72 mi93, Roosevelt Avenue, Chatham, Medway ME5 0HS4

Local Rents

24 rents from £675/mo to £2.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50005/240.02 miChristie Close , Chatham , Kent 3
£1,60001/250.06 mi-3
£1,35005/240.13 miHalifax Close Chatham ME53
£1,40005/240.16 mi-3
£2,00012/240.24 mi-3
£2,10006/240.28 mi-4
£1,52507/240.38 mi-3
£1,70005/240.4 miHampton Close, Chatham, Kent, ME54
£1,35008/240.4 mi-3
£1,35007/240.4 miHeritage Road, Chatham, ME53
£1,70005/240.41 miSheridan Close, Chatham, Kent, ME54
£1,70005/240.45 miSheridan Close, Chatham, Kent, ME54
£2,80004/250.47 mi-4
£1,65007/240.51 miMountbatten Avenue, Chatham, Kent 3
£1,60005/240.52 miVulcan Close, Walderslade4
£1,55012/240.53 mi-3
£1,50005/240.53 miChurchill Avenue, Chatham, Kent, ME53
£1,50005/240.53 miChurchill Avenue, Chatham, Kent, ME53
£1,50005/240.53 miChurchill Avenue Chatham ME53
£1,55006/240.59 miBromley Close, Chatham, Kent, ME53
£1,90003/250.6 mi-3
£67507/240.61 mi-3
£1,80012/240.61 mi-3
£1,45005/240.61 mi-3

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

1.12 miles away

Nearest school

0.20 miles away

Nearest train station

2.01 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £360,000

September 7, 2024

Sold for £281,000

2017

Sold for £182,000

2012

Floor Plans

Description

  • Four Bedroom +
  • End Terrace +
  • Three Reception Rooms +
  • Approx. 1212 Sq.Ft +
  • Driveway Parking +
  • Low Maintenaince Garden +
  • Large Conservatory +
  • Office +
  • Walking Distance to Primary & Secondary Schools +

| Four Bedroom | End of Terrace | Large Conservatory | Low Maintenance Garden | Driveway Parking | Modern | Three Reception Rooms | Walking Distance to Primary & Secondary Schools

Christie Close a spacious and versatile four-bedroom home that offers a welcoming layout across two floors, providing ample room for comfortable family living. On the ground floor, there is a well-appointed kitchen, a light-filled dining room, and a cozy reception room. An additional office space makes this home ideal for those working remotely. The expansive conservatory at the rear is flooded with natural light, providing a delightful area to unwind while enjoying views of the garden.

Upstairs, the first floor features four well-proportioned bedrooms, offering plenty of flexibility to suit a variety of needs. The largest bedroom is spacious and airy, while the smaller rooms could serve as children’s rooms, guest accommodation, or further office space. A contemporary family bathroom completes this level.

Overall, this appealing property combines generous living areas with the potential for personalisation and modernisation, all situated in a quiet and convenient location.

Agent Details

Quealy & Co, Sittingbourne

01795 718665

Next Steps?

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