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4 Bed Detached House, Single Let, Herne Bay, CT6 7AX, £500,000





ValuationFair Value
Sold Prices | £355K - £955K |
Sold Prices/m² | £2.3K/m² - £6.1K/m² |
| |
Square Metres | ~129.26 m² |
Price/m² | £3.9K/m² |
Value Estimate | £493,546 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £125,000 |
Stamp Duty & Legal Fees | £28,700 |
Total Cash In | £153,700 |
| |
Cash Out | |
Rent Range | £1,200 - £2,275 |
Rent Estimate | £1,274 |
Running Costs/mo | £1,837 |
Cashflow/mo | £-563 |
Cashflow/yr | £-6,760 |
Gross Yield | 3% |
Local Sold Prices
32 sold prices from £355K to £955K, average is £476.3K. £2.3K/m² to £6.1K/m², average is £3.8K/m².
Local Rents
16 rents from £1.2K/mo to £2.3K/mo, average is £1.5K/mo.
Local Area Statistics
Population in ct6 | 38,589 |
Population in Herne Bay | 38,592 |
Town centre distance | 1.23 miles away |
Nearest school | 0.90 miles away |
Nearest train station | 1.72 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +2% |
Sales demand | Balanced market |
Capital growth (5yrs) | +21% |
Property History
Listed for £500,000
January 27, 2025
Floor Plans

Description
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