2 Bed Flat, Single Let, Chatham, ME5 0EZ, £170,000
Spacious Apartment with Parking & Loft (Long Lease) The Willows, ME5 0EZ - 3 views - 3 months ago
Sold STC
Leasehold
BTL
ROI: 10%
~68 m²





+16 photos
ValuationUndervalued
Sold Prices | £107K - £195K |
Sold Prices/m² | £1.6K/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.5K/m² |
Value Estimate | £175,073 |
BMV | 3% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £42,500 |
Stamp Duty & Legal Fees | £6,300 |
Total Cash In | £48,800 |
| |
Cash Out | |
Rent Range | £1,200 - £1,450 |
Rent Estimate | £1,200 |
Running Costs/mo | £791 |
Cashflow/mo | £409 |
Cashflow/yr | £4,905 |
ROI | 10% |
Gross Yield | 8% |
Local Sold Prices
22 sold prices from £107K to £195K, average is £158K. £1.6K/m² to £4.5K/m², average is £2.6K/m².
Local Rents
16 rents from £1.2K/mo to £1.4K/mo, average is £1.3K/mo.
Local Area Statistics
Population in ME5 | 51,764 |
Population in Chatham | 82,044 |
Town centre distance | 0.52 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.40 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +17% |
Sales demand | Seller's market |
Capital growth (5yrs) | +21% |
Property History
Listed for £170,000
January 3, 2025
Floor Plans

Description
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