3 Bed Semi-Detached House, Single Let, Chatham, ME5 9AR, £270,000

Winchester Avenue, Chatham, ME5 9AR - 2 views - 3 months ago

Sold STC
BTL
ROI: 4%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£220K - £540K
Sold Prices/m²£2.3K/m² - £6.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£328,235
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£10,300

Total Cash In

£77,800

 

 

Cash Out

 

Rent Range

£1,300 - £1,900

Rent Estimate

£1,400

Running Costs/mo

£1,144

Cashflow/mo

£256

Cashflow/yr

£3,075

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £220K to £540K, average is £283K. £2.3K/m² to £6.5K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£312K02/210.06 mi8, Repton Way, Chatham, Medway ME5 9AY3
£540K10/210.1 mi61, Chestnut Avenue, Walderslade, Chatham, Medway ME5 9BB3
£293K06/230.12 mi57, Yarrow Road, Weeds Wood, Chatham, Medway ME5 0RY3
£380K04/230.15 mi6, Oakland Close, Chatham, Medway ME5 9AW3
£266K07/210.16 mi38, Weeds Wood Road, Chatham, Medway ME5 0QS3
£420K07/230.16 mi27, Bulrush Close, Chatham, Medway ME5 9BN3
£270K01/210.17 mi10, Larkspur Road, Chatham, Medway ME5 0RR3
£250K08/210.19 mi23, Pimpernel Way, Chatham, Medway ME5 0SF3
£460K05/230.21 mi275, Walderslade Road, Chatham, Medway ME5 0NH3
£220K03/210.22 mi32, Mayweed Avenue, Chatham, Medway ME5 0QA3
£305K03/230.24 mi5, Princes Avenue, Chatham, Medway ME5 8BA3
£250K03/210.25 mi223, Walderslade Road, Chatham, Kent ME5 0NQ3
£224K05/230.25 mi6, Silverweed Road, Chatham, Medway ME5 0UD3
£335K12/220.25 mi12, Silverweed Road, Chatham, Medway ME5 0UD3
£356K03/230.27 mi12, Juniper Close, Chatham, Medway ME5 0NX3
£283K04/210.28 mi118, Sussex Drive, Chatham, Medway ME5 0NR3
£265K12/200.28 mi96, Sussex Drive, Chatham, Medway ME5 0NR3
£360K06/210.29 mi110, Chestnut Avenue, Chatham, Medway ME5 9BG3
£245K12/200.3 mi199, Walderslade Road, Chatham, Kent ME5 0ND3
£330K07/230.3 mi7, The Beeches, Chatham, Medway ME5 0NS3
£356K12/220.3 mi15, Norton Grove, Chatham, Medway ME5 9BQ3
£275K04/210.3 mi8, Norton Grove, Chatham, Medway ME5 9BQ3
£230K02/210.31 mi4, Sussex Drive, Chatham, Medway ME5 0NJ3
£264K11/200.31 mi13, Sussex Drive, Chatham, Medway ME5 0NJ3
£252.5K05/230.31 mi124, King George Road, Chatham, Medway ME5 0PS3
£270K02/210.31 mi102, King George Road, Chatham, Medway ME5 0PS3
£355K06/210.31 mi2, Mafeking Road, Walderslade, Chatham, Medway ME5 9HG3
£235K03/210.32 mi128, King George Road, Chatham, Medway ME5 0PT3
£237K12/200.32 mi45, Princes Avenue, Chatham, Medway ME5 8AY3
£260K07/230.32 mi57, Princes Avenue, Chatham, Medway ME5 8AY3
£425K11/200.33 mi30, York Avenue, Walderslade, Chatham, Medway ME5 9ER3
£420K12/220.34 mi71, Princes Avenue, Chatham, Medway ME5 8AY3
£315K06/230.34 mi55, Hurstwood, Chatham, Medway ME5 0XH3
£315K04/230.35 mi239, King George Road, Chatham, Medway ME5 0PH3
£347K06/230.36 mi12, Birchfields, Chatham, Medway ME5 8AE3
£278K04/210.36 mi2, Nicklaus Drive, Chatham, Medway ME5 9HQ3
£332.5K06/210.36 mi76, Princes Avenue, Chatham, Medway ME5 8AH3
£265K03/230.37 mi3, Brent Close, Chatham, Medway ME5 0TG3
£265K04/210.38 mi52, Sussex Drive, Chatham, Medway ME5 0NP3
£283K08/210.38 mi13, Hurstwood, Chatham, Medway ME5 0XJ3
£278K06/230.4 mi95, Harptree Drive, Chatham, Medway ME5 0TF3
£222K03/210.4 mi113, Harptree Drive, Chatham, Kent ME5 0TF3
£325K08/230.4 mi27, Brendon Avenue, Chatham, Medway ME5 8JG3
£247K10/210.4 mi9, Brendon Avenue, Chatham, Medway ME5 8JG3
£460K03/210.4 mi29, Dargets Road, Chatham, Medway ME5 8BJ3
£292.5K11/200.41 mi12, Mossbank, Chatham, Medway ME5 8AB3
£245K12/200.42 mi8, Kemp Close, Chatham, Kent ME5 9SP3
£284K02/230.44 mi78, Sundridge Drive, Chatham, Medway ME5 8HY3
£245K02/210.45 mi141, Sundridge Drive, Chatham, Medway ME5 8JE3
£300K12/200.46 mi10, Peacock Rise, Chatham, Medway ME5 8RN3

Local Rents

15 rents from £1.3K/mo to £1.9K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,90003/250.29 mi-3
£1,40007/240.31 miSussex Drive, Chatham , Kent 3
£1,40006/240.32 miKing George Road, Chatham, Kent, ME53
£1,45005/240.4 mi-3
£1,40007/240.45 miWoodhurst, Chatham3
£1,40006/240.46 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,40006/240.46 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,40007/240.46 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,40007/240.46 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,50006/240.47 miQuickthorn Crescent, Walderslade, Chatham, Kent, ME53
£1,55012/240.48 mi-3
£1,45005/240.48 mi-3
£1,45011/240.51 mi-3
£1,30005/240.54 miMeadside Walk, Walderslade3
£1,55001/250.55 mi-3

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

1.64 miles away

Nearest school

0.20 miles away

Nearest train station

2.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £270,000

January 12, 2025

Floor Plans

Description

  • No Chain +
  • Semi Detached +
  • Three Bedrooms +
  • Downstairs WC +
  • Garage And Drive +
  • Front And Rear Gardens +
  • Close To Local Schools +
  • Excellent Links To Major Motorway Connections +

Guide Price £270,000 to £290,000
This spacious three-bedroom semi-detached home is perfect for those looking to create a property that reflects their own style and needs. With no forward chain, your move can be swift and stress-free.
The property is designed with family convenience in mind. The entrance hall features a downstairs WC, while the spacious lounge and adjoining dining area provide ample space for relaxation and entertaining. The kitchen, which overlooks the rear garden, has a door to the side leading to the garden. With a good range of wall and base units and ample worksurface space. Upstairs, you'll find a generous master bedroom, a second double bedroom, and a good-sized single room - ideal for a growing family or those needing a home office or hobby space.
The enclosed rear garden with side access ensures privacy and safety, perfect for children or pets. Parking is made easy with your own driveway and garage, providing plenty of space for vehicles and storage.
This home offers fantastic potential - Call the branch today to request your viewing!

Agent Details

EweMove, Covering Strood & Walderslade

01634 959292

Next Steps?

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