2 Bed Flat, Single Let, Gillingham, ME7 5QY, £165,000

Pleasant Row, Brompton, Gillingham, Kent, ME7 5QY - 5 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 9%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£90K - £310K
Sold Prices/m²£1.3K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£195,980
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£1,099 - £1,850

Rent Estimate

£1,100

Running Costs/mo

£756

Cashflow/mo

£344

Cashflow/yr

£4,133

ROI

9%

Gross Yield

8%

Local Sold Prices

28 sold prices from £90K to £310K, average is £195K. £1.3K/m² to £5.1K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£170K08/210.12 miFlat 16, Conway Hall, Conway Mews, Brompton, Gillingham, Kent ME7 5BD2
£195K06/210.24 mi35, College Road, Chatham, Medway ME4 4JS2
£220K06/210.24 mi44, College Road, Chatham, Medway ME4 4JS2
£222K01/210.28 mi7, Marc Brunel Way, Chatham, Medway ME4 4BH2
£195K06/210.28 mi9, Marc Brunel Way, Chatham, Medway ME4 4BH2
£202K01/230.39 miFlat 66, The Eye, Barrier Road, Chatham, Medway ME4 4SD2
£190K08/210.4 miFlat 36, The Eye, Barrier Road, Chatham, Medway ME4 4SD2
£195K07/210.4 miFlat 17, The Eye, Barrier Road, Chatham, Medway ME4 4SD2
£90K11/220.65 mi50a, High Street, Gillingham, Medway ME7 1AZ2
£172.5K12/210.67 miFlat 3, Aylmer Court, Saunders Street, Gillingham, Medway ME7 1HX2
£200K01/230.67 miFlat 3, Aylmer Court, Saunders Street, Gillingham, Medway ME7 1HX2
£185K05/210.67 mi52b, High Street, Chatham, Medway ME4 4DS2
£130K03/210.68 miFlat 23, Camborne Manor, Cross Street, Gillingham, Kent ME7 1JX2
£152K10/220.68 miFlat 4, Tintagel Manor, Skinner Street, Gillingham, Medway ME7 1LH2
£166.5K12/200.71 miFlat 14b, Spembley House, New Road Avenue, Chatham, Medway ME4 6BA2
£175K04/230.85 mi4, Bingley Road, Rochester, Medway ME1 1BZ2
£120K11/220.86 miFlat 1, Royal Oak House, Doust Way, Rochester, Medway ME1 1FF2
£260K10/230.91 mi7, Five Bells Lane, Rochester, Medway ME1 1BW2
£310K10/220.91 miFlat 117, The Peninsula, Pegasus Way, Gillingham, Medway ME7 1GE2
£217.5K09/220.92 miFlat 64, Lyon Court, High Street, Rochester, Medway ME1 1HX2
£215K01/210.93 miFlat 35, Lyon Court, High Street, Rochester, Medway ME1 1HX2
£185K11/230.93 mi30, Port Rise, Chatham, Medway ME4 6NQ2
£205K08/230.93 mi18, Port Rise, Chatham, Medway ME4 6NQ2
£165K08/230.98 mi51, Watersmeet, St Marys Island, Chatham, Medway ME4 3HD2
£235K01/230.98 mi74, Watersmeet, St Marys Island, Chatham, Medway ME4 3HD2
£212.5K12/230.99 mi29, Watersmeet, St Marys Island, Chatham, Medway ME4 3HB2
£205K03/230.99 mi20, Watersmeet, St Marys Island, Chatham, Medway ME4 3HB2
£293K12/221 mi44, Sandling Way, St Marys Island, Chatham, Medway ME4 3SB2

Local Rents

50 rents from £1.1K/mo to £1.9K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,09905/240.03 miFlat , The Old Coal Yard, Westcourt Street, Gillingham2
£1,10005/240.05 miPleasant Row, Gillingham2
£1,20012/240.09 mi-2
£1,50005/240.1 mi-2
£1,50004/250.1 mi-2
£1,50006/240.1 miBrompton Hill Chatham ME42
£1,50007/240.1 miBrompton Hill Chatham ME42
£1,40001/250.18 mi-2
£1,30005/240.18 miCommissiners Court, Chatham2
£1,85003/250.37 mi-2
£1,35007/240.38 miBarrier Road, Chatham2
£1,47504/250.39 mi-2
£1,30005/240.4 miBarrier Road, Chatham, Kent, ME42
£1,55005/240.4 miThe Eye, Barrier Road, Chatham, Kent, ME42
£1,45005/240.4 miThe Eye, Barrier Road, Chatham, Kent, ME42
£1,45005/240.4 miThe Eye, Barrier Road, Chatham, Kent, ME42
£1,40005/240.41 miWhiffens Avenue Chatham ME42
£1,45005/240.41 miWhiffens Avenue Chatham ME42
£1,40005/240.41 miWhiffens Avenue Chatham ME42
£1,50005/240.41 miWhiffens Avenue Chatham ME42
£1,45005/240.41 miWhiffens Avenue Chatham ME42
£1,40005/240.41 miWhiffens Avenue Chatham ME42
£1,55005/240.41 miWhiffens Avenue Chatham ME42
£1,50005/240.41 miWhiffens Avenue Chatham ME42
£1,40005/240.41 miWhiffens Avenue Chatham ME42
£1,49505/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,59506/240.41 miWhiffens Avenue Chatham ME42
£1,64507/240.41 miWhiffens Avenue Chatham ME42
£1,59507/240.41 miWhiffens Avenue Chatham ME42
£1,59507/240.41 miWhiffens Avenue Chatham ME42
£1,59507/240.41 miWhiffens Avenue Chatham ME42
£1,59507/240.41 miWhiffens Avenue Chatham ME42
£1,59507/240.41 miWhiffens Avenue Chatham ME42
£1,59507/240.41 miWhiffens Avenue Chatham ME42
£1,65001/250.43 mi-2
£1,55005/240.44 miWhiffens Avenue Chatham ME42
£1,55005/240.44 miWhiffens Avenue Chatham ME42
£1,55005/240.44 miWhiffens Avenue Chatham ME42
£1,55005/240.44 miWhiffens Avenue Chatham ME42
£1,45005/240.44 miWhiffens Avenue Chatham ME42
£1,15008/240.46 miWhiffens Avenue, Chatham2
£1,30005/240.53 miPrincess Mary Avenue, Chatham, ME42
£1,52507/240.59 miMedway Street Chatham ME42
£1,50005/240.6 miHigh Street, Chatham, ME42

Local Area Statistics

Population in ME7

51,293

Population in Gillingham

115,061

Town centre distance

2.58 miles away

Nearest school

0.50 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+9%

Sales demand

Seller's market

Capital growth (5yrs)

+20%

Property History

Listed for £165,000

January 30, 2025

Description

  • Large third floor apartment in the popular Brompton Village +
  • Covered secured parking +
  • Gas central heating and double glazing +
  • Chain free +
  • Spacious loft room giving additional space for storage or home office +

This large third floor flat with additional loft room, comes with gas central heating, double glazing and secured covered parking. It is situated in the popular Brompton Village.

Room sizes:

  • Entrance Hall
  • Bedroom 1: 13'1 x 8'9 (3.99m x 2.67m)
  • Bedroom 2: 10'1 x 9'5 (3.08m x 2.87m)
  • Bathroom
  • Lounge/Dining Area: 19'8 x 9'7 (6.00m x 2.92m)
  • Kitchen: 7'5 x 5'8 (2.26m x 1.73m)
  • Loft Room: 24'9 x 9'3 (7.55m x 2.82m)
  • Covered Allocated Parking  
    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, Gillingham

01634 949955

Next Steps?

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