3 Bed Terraced House, Single Let, Chatham, ME5 8UP, £280,000

Buxton Close, Lordswood, Kent, ME5 8UP - 2 months ago

Sold STC
BTL
ROI: 4%
~91 m²
+5 photos

ValuationUndervalued

Sold Prices£215K - £475K
Sold Prices/m²£2K/m² - £5.9K/m²

 

 

Square Metres

~91.10 m²
Price/m²£3.1K/m²

Value Estimate

£323,813
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Total Cash In

£89,200

 

 

Cash Out

 

Rent Range

£1,400 - £1,800

Rent Estimate

£1,450

Running Costs/mo

£1,185

Cashflow/mo

£265

Cashflow/yr

£3,180

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £215K to £475K, average is £292.5K. £2K/m² to £5.9K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£290K06/230.05 mi38, Conifer Drive, Chatham, Medway ME5 8UX3
£270K12/200.06 mi6, Arundel Close, Chatham, Medway ME5 8UZ3
£255K12/200.06 mi32, Arundel Close, Chatham, Medway ME5 8UZ3
£252K03/210.06 mi18, Arundel Close, Chatham, Medway ME5 8UZ3
£240K10/210.09 mi27, Larchwood Close, Chatham, Kent ME5 8XB3
£275K12/210.09 mi26, Larchwood Close, Chatham, Kent ME5 8XB3
£240K03/210.09 mi17, Larchwood Close, Chatham, Kent ME5 8XB3
£300K06/230.09 mi30, Whimbrel Walk, Chatham, Medway ME5 8NQ3
£300K06/230.11 mi124, Clandon Road, Chatham, Medway ME5 8UT3
£277K03/210.14 mi86, Clandon Road, Chatham, Medway ME5 8UR3
£287K11/200.14 mi88, Clandon Road, Chatham, Medway ME5 8UR3
£297K01/230.15 mi19, Yew Tree Close, Chatham, Kent ME5 8XN3
£344K01/210.16 mi67, Badger Road, Chatham, Kent ME5 8TY3
£295K04/230.19 mi7, Golden Wood Close, Chatham, Kent ME5 8XA3
£265K12/200.19 mi28, Birch Drive, Chatham, Kent ME5 8YU3
£245K03/210.22 mi21, Coppertree Walk, Chatham, Medway ME5 8TS3
£315K06/230.22 mi23, Coppertree Walk, Chatham, Medway ME5 8TS3
£250K11/200.22 mi19, Autumn Glade, Chatham, Kent ME5 8XP3
£345K08/210.25 mi49, Brindle Way, Chatham, Medway ME5 8UA3
£390K12/220.25 mi6, Ladyfields, Chatham, Medway ME5 8HU3
£290K03/210.26 mi14, Croft Close, Chatham, Kent ME5 8TT3
£255K12/200.26 mi9, Compton Close, Chatham, Kent ME5 8SF3
£230K12/200.26 mi34, Pinewood Drive, Chatham, Kent ME5 8XU3
£330K06/210.26 mi1, Wheatfields, Chatham, Medway ME5 8HW3
£245K12/200.27 mi17, Timbertops, Chatham, Kent ME5 8XF3
£257.5K07/210.27 mi19, Timbertops, Chatham, Kent ME5 8XF3
£310K05/230.29 mi19, Rudge Close, Chatham, Medway ME5 8UJ3
£350K07/230.31 mi4, Abinger Drive, Chatham, Medway ME5 8UL3
£285K12/210.34 mi19, Tuscan Drive, Chatham, Medway ME5 8TG3
£295K02/230.36 mi1, Valiant Road, Chatham, Medway ME5 8RX3
£330K03/210.43 mi25, Catterick Road, Chatham, Medway ME5 8PX3
£332K10/200.45 mi26, Kempton Close, Chatham, Medway ME5 8PW3
£230K08/210.46 mi28, Albion Road, Chatham, Medway ME5 8SR3
£425K04/210.46 mi10, Sandstone Rise, Chatham, Kent ME5 9DH3
£310K12/200.46 mi4, Exton Close, Chatham, Medway ME5 8QN3
£220K11/200.47 mi6, Bulldog Road, Chatham, Medway ME5 8SJ3
£225K12/200.47 mi7, Albion Road, Chatham, Medway ME5 8SS3
£295K05/210.47 mi114, Ballens Road, Chatham, Medway ME5 8PG3
£375K04/210.5 mi45, Aintree Road, Chatham, Medway ME5 8PY3
£370K03/210.5 mi52, Aintree Road, Chatham, Medway ME5 8PY3
£215K06/210.56 mi28, Lords Wood Close, Chatham, Medway ME5 8JR3
£285K06/210.57 mi9, Whitcombe Close, Chatham, Medway ME5 8RL3
£295K05/210.57 mi2, Whitcombe Close, Chatham, Medway ME5 8RL3
£280K07/210.64 mi19, Dornden Gardens, Chatham, Medway ME5 8QB3
£350K01/230.66 mi10, Lynton Drive, Chatham, Medway ME5 8PZ3
£347.5K07/230.67 mi9, Lynton Drive, Chatham, Medway ME5 8PZ3
£475K05/210.68 mi21, Darenth Rise, Chatham, Medway ME5 8QU3
£310K02/230.68 mi12, Darenth Rise, Chatham, Medway ME5 8QU3
£315K02/210.68 mi14, Ashmead Close, Chatham, Medway ME5 8NY3
£285K01/210.68 mi4, Ashmead Close, Chatham, Medway ME5 8NY3

Local Rents

12 rents from £1.4K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,69003/250.04 mi-3
£1,40008/240.09 miWhimbrel Walk, Lordswood3
£1,56506/240.12 miWhimbrel Walk, Chatham, ME53
£1,56506/240.12 miWhimbrel Walk, Chatham, ME53
£1,60007/240.12 miWhimbrel Walk, Chatham, ME53
£1,60007/240.12 mi-3
£1,60004/250.12 mi-3
£1,60003/250.2 mi-3
£1,45006/240.25 miBrindle Way, Lordswood3
£1,45006/240.25 miBrindle Way, Lordswood3
£1,70012/240.38 mi-3
£1,80001/250.47 mi-3

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

2.67 miles away

Nearest school

0.20 miles away

Nearest train station

3.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £280,000

February 17, 2025

Floor Plans

Description

  • Three bedrooms +
  • Private garden +
  • Two reception rooms +
  • Conservatory +
  • Parking available +
  • Investment opportunity +

Available for sale is a terraced house, offering a wealth of potential. The property accommodates three bedrooms, one bathroom, downstairs toilet, two reception rooms, and a kitchen.

Notably, the property benefits from unique features such as off street parking, a private garden, WC, and a conservatory, providing ample space for leisure and relaxation. Situated in a serene area, the property has excellent locality with public transport links, nearby schools, and walking routes.

This property is an ideal investment opportunity, particularly attractive for first-time buyers, investors, and families seeking to create their perfect home. A viewing is highly recommended to appreciate the full potential of this property.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

WAL250020/2

Agent Details

Your Move, Walderslade

01634 563742

Next Steps?

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