2 Bed Terraced House, Single Let, Chatham, ME5 0RG, £250,000

Jasmine Close, Weedswood, Kent, ME5 0RG - 3 months ago

Sold STC
BTL
ROI: 1%
~68 m²
+10 photos

ValuationUndervalued

Sold Prices£190K - £375K
Sold Prices/m²£2.8K/m² - £5.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£256,726

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£9,500

Total Cash In

£72,000

 

 

Cash Out

 

Rent Range

£999 - £1,450

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £190K to £375K, average is £247.5K. £2.8K/m² to £5.7K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£190K12/200.03 mi17, Speedwell Avenue, Chatham, Medway ME5 0SB2
£232K12/220.05 mi5, Mallow Way, Chatham, Medway ME5 0RH2
£245K03/230.14 mi10, Rosemary Close, Chatham, Medway ME5 0SN2
£210K04/230.18 mi18, Gorse Avenue, Chatham, Medway ME5 0UG2
£225K12/210.21 mi47, Mayweed Avenue, Chatham, Medway ME5 0QA2
£232K02/210.21 mi61, Mayweed Avenue, Chatham, Medway ME5 0QA2
£210K04/210.22 mi5, Foxglove Crescent, Chatham, Medway ME5 0SH2
£301K06/210.29 mi27, Princes Avenue, Chatham, Medway ME5 8BA2
£257.5K11/200.35 mi93, Princes Avenue, Chatham, Medway ME5 8AY2
£230K06/230.36 mi54, Hurstwood, Chatham, Medway ME5 0XJ2
£255K10/210.36 mi48, Hurstwood, Chatham, Medway ME5 0XJ2
£240K05/230.36 mi42, Hurstwood, Chatham, Medway ME5 0XJ2
£267K01/230.37 mi4, Hook Close, Chatham, Medway ME5 9TP2
£206K12/200.37 mi26, Campion Close, Chatham, Medway ME5 0PJ2
£318K05/230.4 mi20, Nicklaus Drive, Chatham, Medway ME5 9HQ2
£330K08/210.41 mi2, Concord Avenue, Chatham, Medway ME5 9TR2
£252K03/230.41 mi7, Brownhill Close, Chatham, Medway ME5 0NN2
£280K11/200.41 mi15, Brownhill Close, Chatham, Medway ME5 0NN2
£305K02/210.41 mi16, Brownhill Close, Chatham, Medway ME5 0NN2
£235K02/210.42 mi54, Marston Close, Chatham, Kent ME5 9BY2
£322K02/210.44 mi91, Snodhurst Avenue, Chatham, Medway ME5 0TB2
£240K08/210.46 mi38, Gatcombe Close, Chatham, Kent ME5 7RD2
£262K08/210.46 mi8, Woodhurst, Chatham, Medway ME5 9SL2
£270K05/230.46 mi76, Madden Avenue, Chatham, Medway ME5 9TG2
£225K08/210.46 mi57, Concord Avenue, Chatham, Medway ME5 9TS2
£235K01/210.46 mi83, Concord Avenue, Chatham, Kent ME5 9TS2
£245K06/210.48 mi161, Princes Avenue, Chatham, Medway ME5 8AX2
£267K06/230.48 mi157, Princes Avenue, Chatham, Medway ME5 8AX2
£290K06/210.49 mi15, Thorndale Close, Chatham, Medway ME5 9SW2
£375K03/230.49 mi14, Thorndale Close, Chatham, Medway ME5 9SW2
£288K02/210.49 mi20, Farm Road, Chatham, Kent ME5 9HD2
£294.5K05/230.49 mi5, Farm Road, Chatham, Kent ME5 9HD2
£195K12/200.5 mi35, Chevening Close, Chatham, Medway ME5 7PZ2
£265K11/210.5 mi67, Madden Avenue, Chatham, Medway ME5 9TH2
£215K04/210.5 mi34, Madden Avenue, Chatham, Medway ME5 9TH2
£229K03/210.5 mi26, Madden Avenue, Chatham, Medway ME5 9TH2
£215K05/210.5 mi53, Madden Avenue, Chatham, Medway ME5 9TH2
£370K04/230.54 mi38, Montfort Road, Walderslade, Chatham, Kent ME5 9EZ2
£266K05/230.54 mi21, Bronington Close, Chatham, Medway ME5 7RA2
£245K12/200.55 mi58, Barberry Avenue, Chatham, Medway ME5 9TA2
£211K02/230.55 mi22, Mckenzie Road, Chatham, Medway ME5 8DL2
£218K02/210.55 mi39, Madden Avenue, Chatham, Medway ME5 9TJ2
£298K02/210.55 mi130, Concord Avenue, Chatham, Medway ME5 9TT2
£213.5K03/210.56 mi32, Amethyst Avenue, Chatham, Medway ME5 9TU2
£250K02/210.6 mi17, Crescent Way, Chatham, Medway ME5 9SY2
£305K06/230.6 mi33, Binland Grove, Chatham, Medway ME5 9UU2
£230K03/210.6 mi17, West Drive, Chatham, Medway ME5 9XG2
£363K09/210.61 mi17, Marion Close, Chatham, Medway ME5 9QA2
£270K05/230.61 mi45, Brenzett Close, Chatham, Medway ME5 7NB2
£220K11/200.62 mi323, Churchill Avenue, Chatham, Medway ME5 0LA2

Local Rents

10 rents from £999/mo to £1.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20007/240.19 miWalderslade Road, Chatham, Kent, ME52
£1,25005/240.27 miSedge Crescent, Chatham2
£1,45006/240.4 mi-2
£1,45008/240.4 mi-2
£1,30012/240.4 mi-2
£99905/240.6 miWest Drive, Chatham2
£1,29503/250.6 mi-2
£1,35003/250.61 mi-2
£1,39505/240.61 mi-2
£1,35004/250.61 mi-2

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

1.60 miles away

Nearest school

0.20 miles away

Nearest train station

2.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Price changed to £250,000

February 20, 2025

Listed for £260,000

February 5, 2025

Floor Plans

Description

  • Perfect first time buy or investment opportunity +
  • Mid terraced property +
  • Immaculate condition throughout +
  • Two large double bedroom +
  • Modern Kitchen & bathroom +
  • Popular location +

This beautifully presented two bedroom mid terrace house combines modern style with practical living.

The front of the property boasts a sleek, contemporary kitchen, while the rear features a cosy living room that opens out onto a private garden through large patio doors.

Upstairs, there are two well sized double bedrooms and a stylish, modern bathroom.

Outside, the garden is designed for easy maintenance with AstroTurf, a patio, and decking, offering a perfect space for relaxation or entertaining.

A useful storage room in the garden adds extra convenience, making this home a perfect blend of comfort and functionality.

Exterior
Easy maintenance rear garden
Patio area, decking and astroturf
Secure fencing
Outside storage room

Agent Details

Robinson Michael & Jackson, Walderslade

01634 959302

Next Steps?

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