2 Bed Terraced House, Single Let, Chatham, ME4 5PA, £195,000

Sturla Road, Chatham, Kent, ME4 5PA - 4 views - 6 months ago

Sold STC
BTL
ROI: 3%
~68 m²
+8 photos

ValuationOvervalued

Sold Prices£140K - £270K
Sold Prices/m²£1.7K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£180,683

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£48,750

Stamp Duty & Legal Fees

£7,050

Total Cash In

£55,800

 

 

Cash Out

 

Rent Range

£800 - £2,050

Rent Estimate

£975

Running Costs/mo

£824

Cashflow/mo

£151

Cashflow/yr

£1,808

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £140K to £270K, average is £190K. £1.7K/m² to £5.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£167K12/200.06 mi6, East Street, Chatham, Medway ME4 5NJ2
£190K10/210.07 mi7, Salisbury Road, Chatham, Medway ME4 5NW2
£230K12/220.07 mi13, Salisbury Road, Chatham, Medway ME4 5NW2
£160K02/210.08 mi22, Otway Street, Chatham, Kent ME4 5PG2
£205K10/230.08 mi22, Otway Street, Chatham, Medway ME4 5PG2
£181K03/210.08 mi20, Brisbane Road, Chatham, Medway ME4 5PE2
£160K03/210.1 mi3, Hartington Street, Chatham, Medway ME4 5PH2
£212.5K01/230.1 mi4, Edward Street, Chatham, Medway ME4 5NH2
£205K09/210.11 mi12, Cromwell Terrace, Chatham, Medway ME4 5PQ2
£215K08/230.11 mi31, Cromwell Terrace, Chatham, Medway ME4 5PQ2
£156.5K02/210.11 mi5, Herman Terrace, Chatham, Medway ME4 5NX2
£195K11/230.11 mi56, Lester Road, Chatham, Medway ME4 5NP2
£165K03/210.15 mi18, Ernest Road, Chatham, Medway ME4 5PT2
£194K12/230.15 mi18, Ernest Road, Chatham, Medway ME4 5PT2
£190K01/210.15 mi21, Herbert Road, Chatham, Medway ME4 5PN2
£166K03/210.15 mi7, Herbert Road, Chatham, Medway ME4 5PN2
£217.6K09/220.16 miHomeside, Albert Road, Chatham, Medway ME4 5PZ2
£160K09/210.17 mi16, Leopold Road, Chatham, Medway ME4 5SX2
£160K11/200.17 mi62, Hartington Street, Chatham, Medway ME4 5PJ2
£160K02/210.19 mi2, Portland Street, Chatham, Medway ME4 5LS2
£270K04/230.2 mi12, Chalkpit Hill, Chatham, Medway ME4 5TA2
£170K09/210.21 mi9, Thorold Road, Chatham, Medway ME5 7EA2
£238K10/210.22 miHolmside, Chalkpit Hill, Chatham, Medway ME4 5SU2
£200K11/230.22 mi4, Natal Road, Chatham, Medway ME4 5PS2
£165K04/210.23 mi60, Glencoe Road, Chatham, Medway ME4 5QE2
£181K05/210.23 mi53, Gordon Road, Chatham, Medway ME4 5LU2
£205K10/210.23 mi71, Gordon Road, Chatham, Medway ME4 5LU2
£195K05/210.23 mi88, Glencoe Road, Chatham, Medway ME4 5QG2
£215K12/220.26 mi15, Glencoe Road, Chatham, Medway ME4 5QB2
£190K05/210.26 mi112, Thorold Road, Chatham, Medway ME5 7DS2
£165K04/230.26 mi101, Thorold Road, Chatham, Medway ME5 7DS2
£175K02/210.26 mi101, Gordon Road, Chatham, Medway ME4 5LX2
£227.5K06/210.26 mi149, Gordon Road, Chatham, Medway ME4 5LX2
£155K06/210.26 mi79, Castle Road, Chatham, Medway ME4 5HX2
£167K09/210.26 mi84, Castle Road, Chatham, Medway ME4 5HX2
£225K12/220.26 mi92, Castle Road, Chatham, Medway ME4 5HX2
£160.5K11/200.26 mi54, Seymour Road, Chatham, Medway ME5 7AE2
£210K10/230.27 mi7, Castle Road, Chatham, Medway ME4 5HG2
£190K11/230.28 mi40, Jenkins Dale, Chatham, Medway ME4 5RB2
£212.5K04/230.29 mi160, Castle Road, Chatham, Medway ME4 5HY2
£180K02/240.29 mi116, Castle Road, Chatham, Medway ME4 5HY2
£140K03/240.29 mi10, Victoria Road, Chatham, Medway ME4 5EY2
£140K03/240.29 mi10, Victoria Road, Chatham, Medway ME4 5EY2
£203K10/200.3 mi59, Symons Avenue, Chatham, Medway ME4 5UH2
£170K04/210.3 mi71, Symons Avenue, Chatham, Medway ME4 5UH2
£200K05/210.32 mi13, Cobden Road, Chatham, Medway ME4 5HW2
£225K10/230.32 mi25, Cobden Road, Chatham, Medway ME4 5HW2
£205K01/240.32 mi29, Cobden Road, Chatham, Medway ME4 5HW2
£200K12/200.32 mi46, Mount Road, Chatham, Medway ME4 5RP2
£190K06/210.32 mi64, Mount Road, Chatham, Medway ME4 5RP2
£160K11/200.33 mi171, Castle Road, Chatham, Medway ME4 5HZ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,40004/250.07 mi-2
£1,15012/240.07 mi-2
£1,30003/250.08 mi-2
£1,15005/240.08 mi-2
£1,25007/240.12 mi-2
£1,30003/250.12 mi-2
£1,20004/250.13 mi-2
£1,35007/240.13 miErnest Road, Chatham, Kent, ME42
£1,15007/240.14 miMary Court, Chatham, ME5 2
£95008/240.14 mi-2
£1,20007/240.14 mi-2
£1,20002/250.14 mi-2
£80008/240.14 miSturla Road, Chatham2
£1,40005/240.17 miChatham, ME42
£1,30002/250.17 mi-2
£1,08506/240.18 miWellington Court, Chatham, ME42
£1,08507/240.18 mi-2
£1,04908/240.19 mi-2
£1,30008/240.21 miGordon Road Chatham ME42
£1,25007/240.21 miGlencoe Road, Chatham, Kent, ME42
£1,20006/240.22 miGordon Road, Chatham2
£1,15006/240.22 miGordon Road, Chatham2
£1,20002/250.22 mi-2
£2,05004/240.22 mi-2
£1,15007/240.23 miGordon Road, CHATHAM2
£1,30004/250.23 mi-2
£1,35004/250.24 mi-2
£1,39505/240.24 mi-2
£1,35012/240.24 mi-2
£1,45007/240.26 miCastle Road, Chatham, ME42
£1,45007/240.26 mi-2
£1,32504/250.27 mi-2
£1,40006/240.28 mi-2
£1,35005/240.28 mi-2
£1,40004/250.28 mi-2
£1,20005/240.3 miThorold Road, Chatham, Kent, ME52
£1,10001/240.32 mi-2
£1,10005/240.34 miVictoria Road, Chatham2
£1,25002/250.34 mi-2
£1,15007/240.35 miConstitution Road, Chatham, ME52
£1,15007/240.35 miConstitution Road, Chatham, ME52
£1,15008/240.35 mi-2
£1,05005/240.35 miLuton Road, Chatham2
£1,20008/240.36 mi-2
£1,25007/240.36 miPort Rise, Chatham2
£1,35005/240.36 mi55 Cross Street Chatham ME42
£1,45005/240.38 mi-2
£1,15005/240.39 miMary Court, Chatham, Kent, ME42
£1,45008/240.39 miChatham Waters, South House, Gillingham Gate Road, Gillingham, ME42
£1,20005/240.42 miMaidstone Road, Chatham2

Local Area Statistics

Population in ME4

30,244

Population in Chatham

82,044

Town centre distance

0.58 miles away

Nearest school

0.10 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £195,000

October 22, 2024

Sold for £190,000

2021

Floor Plans

Description

  • NO CHAIN! +
  • Two Bathrooms! +
  • Two Double Bedrooms +
  • Rear Garden +
  • Close To Town Centre +
  • Close To Mainline Train Station +
  • Conservatory +

Offered to the market with NO CHAIN is this two bedroom mid-terraced home located in close proximity to Chatham Town Centre and Chatham High Speed Railway Station.
The property comprises of two reception rooms, a kitchen, conservatory and shower room and rear garden to the ground floor, as well as access to the cellar, and to the first floor there are two bedrooms and a bathroom, en-suite to the master bedroom.
This property would be ideal for first time buyers or buy to let landlords.
CALL NOW TO ARRANGE YOUR VIEWING!

Council Tax - B
EPC Rating - D

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CHT240271/2

Agent Details

Your Move, Chatham

01634 561125

Next Steps?

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