2 Bed Semi-Detached House, Single Let, Chatham, ME5 0FS, £360,000

Victor Close, Chatham, Kent, ME5 0FS - 3 views - 5 months ago

Sold STC
BTL
~68 m²
+3 photos

ValuationOvervalued

Sold Prices£160K - £300K
Sold Prices/m²£2.4K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.3K/m²

Value Estimate

£305,080

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£17,500

Total Cash In

£107,500

 

 

Cash Out

 

Rent Range

£1,200 - £1,450

Rent Estimate

£1,200

Running Costs/mo

£1,385

Cashflow/mo

£-185

Cashflow/yr

£-2,220

Gross Yield

4%

Local Sold Prices

50 sold prices from £160K to £300K, average is £241.3K. £2.4K/m² to £5.8K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£270K12/220.07 mi43, Churchill Avenue, Chatham, Medway ME5 0DE2
£252K05/230.07 mi64, Wayfield Road, Chatham, Medway ME5 0EX2
£270K01/230.18 mi14, Bankside, Chatham, Medway ME5 0BY2
£250K11/210.24 mi47, Freshwater Road, Chatham, Medway ME5 7SZ2
£254.5K06/230.24 mi49, Freshwater Road, Chatham, Medway ME5 7SZ2
£270K04/230.35 mi46, Rowan Lea, Chatham, Medway ME5 0BQ2
£300K01/230.35 mi22, Wedgewood Drive, Chatham, Medway ME5 0LD2
£250K09/210.35 mi23, Wedgewood Drive, Chatham, Medway ME5 0LD2
£210K04/210.35 mi19, Wedgewood Drive, Chatham, Medway ME5 0LD2
£267K06/230.35 mi57, Crestway, Chatham, Medway ME5 0BD2
£232.5K06/210.36 mi38, Shanklin Close, Chatham, Medway ME5 7QL2
£242.5K05/210.36 mi35, Shanklin Close, Chatham, Medway ME5 7QL2
£280K08/220.37 mi184, Magpie Hall Road, Chatham, Medway ME4 5XH2
£260K09/210.39 mi48, Redwing Road, Chatham, Kent ME5 7TH2
£257K06/210.39 mi50, Redwing Road, Chatham, Medway ME5 7TH2
£265K02/210.4 mi15, Woolwich Close, Chatham, Kent ME5 0HU2
£240K01/210.4 mi5, Woolwich Close, Chatham, Medway ME5 0HU2
£210K12/220.41 mi1, Mountbatten Avenue, Chatham, Medway ME5 0JY2
£250K07/230.41 mi10, Flamingo Close, Chatham, Medway ME5 7RF2
£240K02/230.41 mi9, Flamingo Close, Chatham, Medway ME5 7RF2
£204K03/210.41 mi3, Goose Close, Chatham, Medway ME5 7SX2
£232K11/200.41 mi8, Colchester Close, Chatham, Medway ME5 0HQ2
£220K03/210.42 mi9, Stonecross Lea, Chatham, Medway ME5 0BL2
£235K01/230.43 mi6, Stonecross Lea, Chatham, Medway ME5 0BL2
£232.5K03/230.43 mi17, Stonecross Lea, Chatham, Medway ME5 0BL2
£263K10/230.45 mi108, Chatham Grove, Chatham, Medway ME4 6LZ2
£200K03/210.45 mi111, Chatham Grove, Chatham, Medway ME4 6LZ2
£215K02/210.47 mi20, Henley Close, Chatham, Kent ME5 7SU2
£220K08/210.47 mi20, Bracken Lea, Chatham, Medway ME5 0BZ2
£210K04/210.47 mi17, Bracken Lea, Chatham, Medway ME5 0BZ2
£238K06/210.47 mi61, Heron Way, Chatham, Medway ME5 7RH2
£203K04/210.48 mi4, Heritage Road, Chatham, Kent ME5 7ST2
£215K10/210.5 mi14, Mermaid Close, Chatham, Medway ME5 7PT2
£187K07/210.54 mi124, Symons Avenue, Chatham, Medway ME4 5TT2
£235K12/210.54 mi6, Timber Bank, Chatham, Medway ME5 0LF2
£265K12/220.56 mi23, Westbrooke Close, Chatham, Medway ME4 4XX2
£245K06/210.57 mi57, Settington Avenue, Chatham, Medway ME5 0AG2
£220.5K06/210.57 mi89, Settington Avenue, Chatham, Medway ME5 0AG2
£230K11/200.57 mi63, Settington Avenue, Chatham, Kent ME5 0AG2
£249.3K04/230.57 mi23, Charlotte Close, Chatham, Medway ME5 7LQ2
£265K06/230.57 mi41, Charlotte Close, Chatham, Medway ME5 7LQ2
£257.5K12/220.57 mi53, Settington Avenue, Chatham, Medway ME5 0AG2
£255K11/220.58 mi7, Damien Close, Chatham, Medway ME4 4XE2
£285K04/230.61 mi35, Monarch Close, Chatham, Medway ME5 7PD2
£286.5K06/230.61 mi42, Monarch Close, Chatham, Medway ME5 7PD2
£160K11/200.63 mi171, Castle Road, Chatham, Medway ME4 5HZ2
£216K06/230.63 mi224, Castle Road, Chatham, Medway ME4 5HZ2
£220K03/230.63 mi44, Haig Avenue, Chatham, Medway ME4 5UE2
£255K06/230.63 mi11, Emily Road, Chatham, Medway ME5 7LF2
£235K10/210.66 mi55, Christie Close, Chatham, Medway ME5 7NQ2

Local Rents

16 rents from £1.2K/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25005/240.15 miFreshwater Road, Chatham, ME52
£1,25006/240.15 miFreshwater Road, Chatham, ME52
£1,25006/240.15 mi-2
£1,35007/240.22 mi-2
£1,20007/240.34 miShanklin Close, Chatham, Kent, ME52
£1,30005/240.37 miShanklin Close, Chatham, Kent, ME52
£1,25005/240.41 miColchester Close, Chatham, Kent, ME52
£1,25007/240.42 miStonecross Lea, Chatham, ME52
£1,25007/240.42 mi-2
£1,40005/240.5 mi-2
£1,20005/240.5 miMermaid Close2
£1,20005/240.54 mi-2
£1,40002/250.55 mi-2
£1,20001/250.56 mi-2
£1,45005/240.57 mi-2
£1,20006/240.62 miRaleigh Close, Walderslade2

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.49 miles away

Nearest school

0.30 miles away

Nearest train station

1.36 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

November 18, 2024

Floor Plans

Description

  • Newly built, spacious semi-detached house finished to high standard +
  • Superb living space and well planned layout with ample storage +
  • Quiet position in a private road with just 4 properties +
  • Brilliant location for a choice local schools and local shops within walking distance +
  • Excellent choice for first time buyers or someone downsizing +

Newly built in 2024, one of two new semi detached houses, in a private road with an exclusive feel which will have only four homes in this bespoke development. The attention to detail by the builder means this house is planned with practically in mind too. Newer properties often struggle for storage� Not here, with plenty of cupboard space upstairs and down. The separate lounge is a great size and the kitchen/dining area is great for catching up over dinner.

Room sizes:

  • Entrance Hallway
  • Lounge: 21'0 x 10'7 (6.41m x 3.23m)
  • Kitchen/Diner: 14'0 x 8'9 (4.27m x 2.67m)
  • Downstairs Cloakroom
  • Landing
  • Bedroom 1: 11'6 x 10'5 (3.51m x 3.18m)
  • Bedroom 2: 11'10 x 9'1 (3.61m x 2.77m)
  • Bathroom
  • Front Garden
  • Rear Garden
  • Parking Space  
    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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