2 Bed Terraced House, Single Let, Chatham, ME5 7DR, £210,000

Thorold Road, Chatham, ME5 7DR - 14 views - 7 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£140K - £260K
Sold Prices/m²£1.7K/m² - £3.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£191,535

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£800 - £2,050

Rent Estimate

£1,087

Running Costs/mo

£894

Cashflow/mo

£193

Cashflow/yr

£2,320

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £140K to £260K, average is £195K. £1.7K/m² to £3.7K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£178K01/210.05 mi26, Grange Hill, Chatham, Medway ME5 7AH2
£175K03/210.05 mi17, Grange Hill, Chatham, Medway ME5 7AH2
£210K10/230.08 mi7, Castle Road, Chatham, Medway ME4 5HG2
£190K05/210.09 mi112, Thorold Road, Chatham, Medway ME5 7DS2
£165K04/230.09 mi101, Thorold Road, Chatham, Medway ME5 7DS2
£160.5K11/200.12 mi54, Seymour Road, Chatham, Medway ME5 7AE2
£200K05/210.15 mi13, Cobden Road, Chatham, Medway ME4 5HW2
£225K10/230.15 mi25, Cobden Road, Chatham, Medway ME4 5HW2
£205K01/240.15 mi29, Cobden Road, Chatham, Medway ME4 5HW2
£180K01/210.15 mi271, Luton Road, Chatham, Kent ME4 5BN2
£240K05/230.17 mi25, Grove Road, Chatham, Medway ME4 5HS2
£214.4K01/230.19 mi59, St Johns Road, Gillingham, Medway ME7 5QE2
£170K09/210.19 mi9, Thorold Road, Chatham, Medway ME5 7EA2
£140K03/240.19 mi10, Victoria Road, Chatham, Medway ME4 5EY2
£140K03/240.19 mi10, Victoria Road, Chatham, Medway ME4 5EY2
£160K02/210.22 mi2, Portland Street, Chatham, Medway ME4 5LS2
£155K06/210.22 mi79, Castle Road, Chatham, Medway ME4 5HX2
£167K09/210.22 mi84, Castle Road, Chatham, Medway ME4 5HX2
£225K12/220.22 mi92, Castle Road, Chatham, Medway ME4 5HX2
£212.5K01/230.22 mi4, Edward Street, Chatham, Medway ME4 5NH2
£205K03/210.24 mi2b, Tennyson Road, Gillingham, Medway ME7 5QD2
£230K10/210.24 mi7, Tennyson Road, Gillingham, Medway ME7 5QD2
£218K02/240.25 mi19, Alfred Close, Chatham, Medway ME4 5EE2
£181K05/210.25 mi53, Gordon Road, Chatham, Medway ME4 5LU2
£205K10/210.25 mi71, Gordon Road, Chatham, Medway ME4 5LU2
£167K12/200.25 mi6, East Street, Chatham, Medway ME4 5NJ2
£230K05/230.26 mi82, Victoria Road, Chatham, Medway ME4 5EU2
£260K11/220.27 mi131, Shakespeare Road, Gillingham, Medway ME7 5QB2
£230K12/220.27 mi13, Salisbury Road, Chatham, Medway ME4 5NW2
£190K10/210.28 mi7, Salisbury Road, Chatham, Medway ME4 5NW2
£197.5K05/210.28 mi23, Upper Luton Road, Chatham, Medway ME5 7BH2
£218.5K06/230.28 mi22, Dagmar Road, Chatham, Medway ME4 5HB2
£212.5K04/230.28 mi160, Castle Road, Chatham, Medway ME4 5HY2
£180K02/240.28 mi116, Castle Road, Chatham, Medway ME4 5HY2
£165K03/210.29 mi359, Luton Road, Chatham, Medway ME4 5BJ2
£195K11/230.29 mi56, Lester Road, Chatham, Medway ME4 5NP2
£170K01/210.3 mi6, Edinburgh Road, Chatham, Kent ME4 5BY2
£157K11/200.3 mi83, Connaught Road, Chatham, Medway ME4 5DH2
£230K01/230.3 mi64, Connaught Road, Chatham, Medway ME4 5DH2
£175K02/210.32 mi101, Gordon Road, Chatham, Medway ME4 5LX2
£227.5K06/210.32 mi149, Gordon Road, Chatham, Medway ME4 5LX2
£160K11/200.36 mi171, Castle Road, Chatham, Medway ME4 5HZ2
£216K06/230.36 mi224, Castle Road, Chatham, Medway ME4 5HZ2
£165K01/210.37 mi401, Luton Road, Chatham, Medway ME4 5BH2
£153K06/210.37 mi405, Luton Road, Chatham, Medway ME4 5BH2
£181K03/210.38 mi20, Brisbane Road, Chatham, Medway ME4 5PE2
£160K02/210.38 mi22, Otway Street, Chatham, Kent ME4 5PG2
£205K10/230.38 mi22, Otway Street, Chatham, Medway ME4 5PG2
£200K04/210.39 mi6, Shakespeare Road, Gillingham, Medway ME7 5QL2
£210K05/230.39 mi13, Coronation Road, Chatham, Medway ME5 7DD2
£198K11/230.4 mi33, First Avenue, Chatham, Medway ME4 5AT2

Local Rents

52 rents from £800/mo to £2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.01 miThorold Road, Chatham, Kent, ME52
£1,35005/240.03 mi-2
£1,40006/240.03 mi-2
£1,40004/250.03 mi-2
£1,15007/240.05 miConstitution Road, Chatham, ME52
£1,15007/240.05 miConstitution Road, Chatham, ME52
£1,15008/240.05 mi-2
£1,05005/240.09 miLuton Road, Chatham2
£1,10001/240.09 mi-2
£1,20008/240.14 mi-2
£1,05006/240.17 mi-2
£1,05006/240.17 mi-2
£1,05006/240.17 mi-2
£1,30008/240.18 miGordon Road Chatham ME42
£1,25006/240.18 miImperial Road, Gillingham2
£1,25002/250.19 mi-2
£1,20006/240.21 miGordon Road, Chatham2
£1,15006/240.21 miGordon Road, Chatham2
£1,45007/240.21 mi-2
£1,45007/240.21 miCastle Road, Chatham, ME42
£2,05004/240.22 mi-2
£1,10005/240.22 miVictoria Road, Chatham2
£1,40005/240.23 miChatham, ME42
£1,15012/240.24 mi-2
£1,40003/250.24 mi-2
£1,15007/240.25 miGordon Road, CHATHAM2
£1,39505/240.25 mi-2
£1,32504/250.26 mi-2
£1,20005/240.27 miChatham Hill, Chatham, Kent, ME52
£1,15005/240.27 mi-2
£1,30012/240.27 mi-2
£1,30002/250.29 mi-2
£1,25007/240.29 mi-2
£1,25006/240.29 miChatham Hill, Chatham, ME52
£1,25007/240.29 miChatham Hill, Chatham, ME52
£1,10005/240.29 miChatham Hill, Chatham2
£1,35004/250.3 mi-2
£1,30004/250.32 mi-2
£1,30006/240.32 miEdinburgh Road, Chatham, Kent, ME42
£1,20007/240.34 mi-2
£95008/240.34 mi-2
£1,20002/250.34 mi-2
£1,15007/240.34 miMary Court, Chatham, ME5 2
£1,30003/240.34 miShakespeare Road,Gillingham,ME72
£1,20005/240.37 miUpper Luton Road, Chatham, Kent, ME52
£1,20006/240.37 miUpper Luton Road, Chatham, Kent, ME52
£1,15007/240.37 miUpper Luton Road, Chatham, Kent, ME52
£1,40004/250.38 mi-2
£1,30006/240.38 miMilton Road, Gillingham2
£1,35007/240.38 miErnest Road, Chatham, Kent, ME42
£1,30003/250.39 mi-2
£80008/240.39 miSturla Road, Chatham2

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.72 miles away

Nearest school

0.20 miles away

Nearest train station

0.85 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £210,000

October 7, 2024

Sold for £175,000

2018

Sold for £132,500

2015

Sold for £94,500

2011

Sold for £121,000

2007

Floor Plans

Description

  • Two Double Bedrooms +
  • Cellar +
  • Garage To Rear +
  • Close To Station +
  • Modern Bathroom & Kitchen +
  • No Forward Chain +

*Guide Price £210,000-£230,000* Stunning Two Double Bedroom Home in Chatham – Perfect for First-Time Buyers or Investors.

This beautifully maintained mid-terrace property features modern amenities, including a sleek, fully fitted kitchen and a contemporary bathroom. Imagine coming home to a cozy yet spacious property with an inviting ambiance, ready to move in with no chain.

Beyond its stylish interiors, the home boasts a versatile cellar currently used as a home gym – ideal for those looking to stay active. Plus, the added benefit of a garage to the rear offers both parking convenience and extra storage space, making it perfect for modern living.

Don't miss out on this fantastic opportunity to secure a move-in-ready property in Chatham. Whether you're a first-time buyer eager to get onto the property ladder or an investor seeking a solid addition to your portfolio, this home is waiting for you.

This approach captures attention, builds interest in the features, creates desire for the lifestyle or investment opportunity, and finally encourages action.

Perfectly located in the heart of Chatham. Situated within walking distance of Chatham Town Centre, you’ll have easy access to the bustling high street and the mainline station, offering fast and convenient links into the city.

Contact us today to arrange a viewing!

Agent Details

haart, Walderslade

01634 563513

Next Steps?

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