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 |
BMV | 19% |
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.
Local Rents
50 rents from £1.1K/mo to £1.9K/mo, average is £1.5K/mo.
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
Similar Properties
Like this property? Maybe you'll like these ones close by too.
3 Bed Flat, Single Let, Gillingham, ME7 5QY
£170,000
a year ago • 93 m²
2 Bed Flat, Single Let, Gillingham, ME7 5QX
£175,000
3 views • a year ago • 68 m²
2 Bed Flat, Single Let, Gillingham, ME7 5QX
£170,000
2 views • 4 months ago • 68 m²
2 Bed Flat, Single Let, Gillingham, ME7 5QX
£200,000
2 months ago • 68 m²