3 Bed Detached House, Single Let, Chatham, ME5 7DJ, £500,000

Constitution Road, Chatham, Kent, ME5 7DJ - 1 views - 7 months ago

BTL
~93 m²
+6 photos

ValuationOvervalued

Sold Prices£175K - £360K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£5.4K/m²

Value Estimate

£272,197

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£32,700

Total Cash In

£157,700

 

 

Cash Out

 

Rent Range

£1,000 - £3,250

Rent Estimate

£1,200

Running Costs/mo

£1,823

Cashflow/mo

£-622

Cashflow/yr

£-7,470

Gross Yield

3%

Local Sold Prices

50 sold prices from £175K to £360K, average is £240K. £1.6K/m² to £4.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£225K06/210.03 mi196, Upper Luton Road, Chatham, Medway ME5 7BQ3
£247.5K06/230.06 mi286, Luton Road, Chatham, Medway ME4 5BU3
£280K10/210.09 mi2, Beacon Road, Chatham, Medway ME5 7BP3
£280K05/210.09 mi61, Beacon Road, Chatham, Kent ME5 7BP3
£267.5K03/230.09 mi208, Upper Luton Road, Chatham, Medway ME5 7BJ3
£195K05/210.09 mi15, Albany Road, Chatham, Medway ME4 5DL3
£230K10/230.1 mi7, Edinburgh Road, Chatham, Medway ME4 5BY3
£215K08/210.11 mi204, Upper Luton Road, Chatham, Kent ME5 7BJ3
£285K04/230.11 mi387, Luton Road, Chatham, Medway ME4 5BH3
£240K06/210.12 mi265a, Luton Road, Chatham, Medway ME4 5BN3
£245K01/230.14 mi121, Chatham Hill, Chatham, Medway ME5 7AY3
£220K02/230.15 mi61, Albany Road, Chatham, Medway ME4 5DN3
£180K02/230.15 mi71, Albany Road, Chatham, Medway ME4 5DN3
£280K12/220.16 mi39, Constitution Road, Chatham, Medway ME5 7DN3
£220K09/230.16 mi64, Edinburgh Road, Chatham, Medway ME4 5BZ3
£350K11/220.17 mi204, Chatham Hill, Chatham, Medway ME5 7BB3
£300K09/210.17 mi170, Chatham Hill, Chatham, Kent ME5 7BB3
£235K09/210.17 mi17, Pheasant Road, Chatham, Kent ME4 5AS3
£215K02/230.17 mi20, Pheasant Road, Chatham, Medway ME4 5AS3
£240K10/230.17 mi12, Pheasant Road, Chatham, Medway ME4 5AS3
£245K04/230.17 mi72, Beacon Road, Chatham, Medway ME5 7BS3
£280K03/210.17 mi145, Beacon Road, Chatham, Medway ME5 7BS3
£230K03/230.18 mi38, Upper Luton Road, Chatham, Medway ME5 7BG3
£360K01/230.18 mi197, Rock Avenue, Gillingham, Medway ME7 5PN3
£185K04/210.19 mi215, Luton Road, Chatham, Medway ME4 5BW3
£225K06/230.19 mi34, Alexandra Road, Chatham, Medway ME4 5DG3
£220K07/210.19 mi107, Imperial Road, Gillingham, Medway ME7 5PH3
£275K04/230.19 mi85, Imperial Road, Gillingham, Medway ME7 5PH3
£226K09/210.19 mi66, Alexandra Road, Chatham, Kent ME4 5DQ3
£175K11/200.2 mi29, Grove Road, Chatham, Medway ME4 5HS3
£221K04/230.21 mi170, St Johns Road, Gillingham, Medway ME7 5QE3
£265K01/230.22 mi134, Victoria Road, Chatham, Medway ME4 5EL3
£200K06/210.23 mi140, Shakespeare Road, Gillingham, Medway ME7 5QA3
£230K09/210.23 mi179, Shakespeare Road, Gillingham, Medway ME7 5QB3
£195.5K08/210.23 mi147, Shakespeare Road, Gillingham, Kent ME7 5QB3
£250K09/230.24 mi2, Cobden Road, Chatham, Medway ME4 5HW3
£195K01/210.25 mi60, Victoria Road, Chatham, Medway ME4 5EU3
£200K06/230.25 mi24, Tennyson Road, Gillingham, Medway ME7 5QD3
£185K02/210.25 mi33, Tennyson Road, Gillingham, Medway ME7 5QD3
£250K05/230.25 mi65, Tennyson Road, Gillingham, Medway ME7 5QD3
£225K01/240.25 mi43, Chamberlain Road, Chatham, Medway ME4 5HT3
£270K02/230.26 mi21, Lawn Close, Chatham, Medway ME4 5DP3
£260K12/220.26 mi31, Bright Road, Chatham, Medway ME4 5HH3
£245K12/200.26 mi70, Longfellow Road, Gillingham, Medway ME7 5QQ3
£280K03/210.26 mi184, Rock Avenue, Gillingham, Medway ME7 5PR3
£245K02/230.26 mi37, Clarence Road, Chatham, Medway ME4 5EH3
£250K06/230.26 mi69, Rainham Road, Gillingham, Medway ME7 5NG3
£245K06/230.27 mi100, Chaucer Road, Gillingham, Medway ME7 5LU3
£240K11/200.28 mi46, Longfellow Road, Gillingham, Medway ME7 5QG3
£220K11/200.28 mi26, Clarence Road, Chatham, Medway ME4 5EJ3

Local Rents

51 rents from £1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,35012/240.05 mi-3
£1,40005/240.06 mi-3
£1,80003/250.06 mi-3
£1,40002/240.09 mi-3
£1,44001/250.09 mi-3
£1,35004/250.1 mi-3
£1,40003/240.11 miLuton Road, Chatham, ME43
£1,30005/240.13 mi-3
£1,25004/250.14 mi-3
£1,40002/250.14 mi-3
£1,40001/250.14 mi-3
£1,40001/250.14 mi-3
£1,40001/250.14 mi-3
£1,40004/250.14 mi-3
£1,40004/250.14 mi-3
£1,60003/250.14 mi-3
£1,40008/240.15 mi-3
£1,40004/250.15 mi-3
£1,20006/240.16 miCoronation Road, Chatham, ME53
£1,20007/240.16 mi-3
£1,40005/240.17 mi-3
£1,40005/240.17 mi-3
£1,35007/240.17 mi-3
£1,50005/240.17 miUpper Luton Road, Chatham, ME53
£1,35006/240.17 miUpper Luton Road, Chatham, ME53
£1,42001/250.18 mi-3
£2,10002/250.19 mi-3
£1,45005/240.19 miLuton Road, Chatham3
£1,35006/240.2 miGrove Road, Chatham, ME43
£1,30007/240.21 miConstitution Road, Chatham3
£3,25001/250.22 mi-3
£3,25004/250.22 mi-3
£1,60012/240.24 mi-3
£1,50004/250.24 mi-3
£1,30005/240.25 miTennyson Road Gillingham ME73
£1,30005/240.25 mi-3
£1,45007/240.25 miThorold Road, Chatham, ME53
£1,45007/240.25 mi-3
£1,37505/240.25 miChatham Hill, Chatham3
£1,40007/240.25 mi-3
£1,40001/240.26 mi-3
£1,40004/250.26 mi-3
£1,55012/240.27 mi-3
£1,00005/240.27 miMilton Road, , Gillingham3
£1,35005/240.28 miThorold Road, Chatham3
£1,45006/240.28 miMilton Road, GILLINGHAM3
£1,45006/240.28 miMilton Road, Gillingham, ME73
£1,47506/240.29 miMilton Road, Gillingham, Kent, ME73
£1,25005/240.3 miMilton Road, Gillingham, Kent, ME73
£1,37501/240.32 mi-3
£1,40005/240.32 miRainham Road,Chatham,ME53

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.76 miles away

Nearest school

0.10 miles away

Nearest train station

0.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £500,000

January 15, 2025

Listed for £550,000

September 18, 2024

Floor Plans

Description

  • Detached house with double garage +
  • Property with an abundance of character +
  • Large frontage and good sized rear garden +
  • Perfect versatile family house that allows you to change layout based on what you need +
  • Great location as close to local amenities, schools and transport links +

This detached house is available for the first time in over 30 years. Perfect for a growing family due to the space inside and out.  
Please refer to the footnote regarding the services and appliances.

Room sizes:

  • Entrance Hallway
  • Lounge: 13'2 x 12'4 (4.02m x 3.76m)
  • Dining Room: 12'1 x 9'1 (3.69m x 2.77m)
  • Kitchen: 14'8 x 7'0 (4.47m x 2.14m)
  • Utility Room: 9'7 x 7'2 (2.92m x 2.19m)
  • Cloakroom: 9'7 x 4'11 (2.92m x 1.50m)
  • Landing
  • Bedroom 1: 12'6 x 9'7 (3.81m x 2.92m)
  • Bedroom 2: 12'3 x 9'7 (3.74m x 2.92m)
  • Bedroom 3: 13'6 x 12'6 (4.12m x 3.81m)
  • Bathroom: 12'4 x 9'9 (3.76m x 2.97m)
  • Front & Rear Garden
  • Double Garage  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Chatham

01634 959314

Next Steps?

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