2 Bed Flat, Single Let, Chatham, ME4 5NT, £170,000





ValuationOvervalued
Sold Prices | £107K - £205K |
Sold Prices/m² | £1.6K/m² - £4.5K/m² |
| |
Square Metres | ~55.32 m² |
Price/m² | £3.1K/m² |
Value Estimate | £144,683 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £10,600 |
Total Cash In | £53,100 |
| |
Cash Out | |
Rent Range | £800 - £2,050 |
Rent Estimate | £1,049 |
Running Costs/mo | £761 |
Cashflow/mo | £288 |
Cashflow/yr | £3,455 |
ROI | 7% |
Gross Yield | 7% |
Local Sold Prices
38 sold prices from £107K to £205K, average is £165K. £1.6K/m² to £4.5K/m², average is £2.6K/m².
Local Rents
52 rents from £800/mo to £2K/mo, average is £1.2K/mo.
Local Area Statistics
Population in ME4 | 30,244 |
Population in Chatham | 82,044 |
Town centre distance | 0.45 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.62 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +17% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Price changed to £170,000
February 8, 2025
Listed for £180,000
November 4, 2024
Floor Plans

Description
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