3 Bed Terraced House, Planning Permission, Chatham, ME5 0DH, £220,000

Churchill Avenue, Chatham, Kent, ME5 0DH - 2 months ago

Sold STC
Auction
Planning
ROI: 6%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£216K - £380K
Sold Prices/m²£2.3K/m² - £6.5K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£268,400
BMV22%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£14,100

Total Cash In

£69,100

 

 

Cash Out

 

Rent Range

£675 - £1,800

Rent Estimate

£1,350

Running Costs/mo

£978

Cashflow/mo

£373

Cashflow/yr

£4,470

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £216K to £380K, average is £280K. £2.3K/m² to £6.5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£280K05/210.01 mi114, Churchill Avenue, Chatham, Medway ME5 0DH3
£300K01/230.04 mi215, Churchill Avenue, Chatham, Medway ME5 0DQ3
£270K11/200.07 mi8, Goose Close, Chatham, Medway ME5 7SX3
£235K07/210.09 mi35, Heritage Road, Chatham, Medway ME5 7SQ3
£304K12/200.12 mi160, Wayfield Road, Chatham, Medway ME5 0HG3
£340.1K05/230.12 mi182, Wayfield Road, Chatham, Medway ME5 0HG3
£229K04/210.12 mi32, Chaffinch Close, Chatham, Kent ME5 7RG3
£315K01/230.14 mi10, Aldershot Road, Chatham, Medway ME5 0HX3
£267K09/210.14 mi14, Malta Avenue, Chatham, Medway ME5 0JT3
£260K11/200.14 mi12, Malta Avenue, Chatham, Medway ME5 0JT3
£296K08/210.16 mi6, Woolwich Close, Chatham, Medway ME5 0HU3
£255K04/210.17 mi96, Heron Way, Chatham, Kent ME5 7RH3
£280K06/210.19 mi24, Colchester Close, Chatham, Medway ME5 0HQ3
£267.5K01/210.2 mi33, Freshwater Road, Chatham, Medway ME5 7SZ3
£275K12/200.22 mi63, Eden Avenue, Chatham, Medway ME5 0HW3
£290K12/220.22 mi62, Eden Avenue, Chatham, Medway ME5 0HW3
£248K04/210.22 mi46, Mermaid Close, Chatham, Medway ME5 7PT3
£245K07/210.23 mi295, Churchill Avenue, Chatham, Medway ME5 0LB3
£260K01/210.23 mi38, Churchill Avenue, Chatham, Medway ME5 0DL3
£282K07/230.23 mi139, Churchill Avenue, Chatham, Medway ME5 0DG3
£233K04/210.23 mi99, Churchill Avenue, Chatham, Medway ME5 0DG3
£320K05/230.26 mi77, Tobruk Way, Chatham, Medway ME5 0JW3
£285K06/210.26 mi27, Tobruk Way, Chatham, Kent ME5 0JW3
£286K01/210.26 mi63, Tobruk Way, Chatham, Medway ME5 0JW3
£265K04/210.26 mi16, Montgomery Avenue, Chatham, Medway ME5 0HA3
£320K07/230.26 mi12, Montgomery Avenue, Chatham, Medway ME5 0HA3
£225K03/210.27 mi14, Fisher Road, Chatham, Medway ME5 7RU3
£247K11/200.28 mi12, Alamein Avenue, Chatham, Medway ME5 0HZ3
£270K03/230.28 mi35, Alamein Avenue, Chatham, Medway ME5 0HZ3
£332K04/230.28 mi32, Raleigh Close, Chatham, Medway ME5 7SB3
£252K03/210.29 mi21, Cherbourg Crescent, Chatham, Medway ME5 0HR3
£325K02/230.29 mi341, Wayfield Road, Chatham, Medway ME5 0JD3
£345K01/230.3 mi61, Tobruk Way, Chatham, Medway ME5 0JW3
£265K12/200.31 mi47, Dunkirk Drive, Chatham, Medway ME5 0JF3
£250K12/200.35 mi27, Walderslade Road, Chatham, Medway ME5 0JA3
£257.5K03/210.35 mi5, Roosevelt Avenue, Chatham, Medway ME5 0ET3
£216K12/200.35 mi18, Vulcan Close, Chatham, Kent ME5 7RR3
£298K04/210.37 mi6, Resolution Close, Chatham, Medway ME5 7RJ3
£281K07/210.37 mi12, Burma Way, Chatham, Medway ME5 0JL3
£312K11/200.38 mi34, Limetree Close, Chatham, Medway ME5 0DR3
£380K07/230.38 mi12, Limetree Close, Chatham, Medway ME5 0DR3
£290K03/210.38 mi47, Illustrious Close, Chatham, Medway ME5 7RW3
£272K10/210.4 mi4, Barnfield, Chatham, Medway ME5 0HT3
£230K03/210.4 mi22, Barnfield, Chatham, Medway ME5 0HT3
£285K06/230.41 mi85, Walderslade Road, Chatham, Medway ME5 0LJ3
£300K06/210.41 mi9, Emily Road, Chatham, Medway ME5 7LF3
£375K01/230.41 mi2, Emily Road, Chatham, Medway ME5 7LF3
£285K05/230.41 mi1, Spitfire Close, Chatham, Medway ME5 7QW3
£240K04/210.41 mi17, Spitfire Close, Chatham, Medway ME5 7QW3
£312.5K12/200.44 mi65, Christie Close, Chatham, Medway ME5 7NQ3

Local Rents

19 rents from £675/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,65007/240.08 miMountbatten Avenue, Chatham, Kent 3
£1,35008/240.08 mi-3
£1,35007/240.08 miHeritage Road, Chatham, ME53
£1,52507/240.09 mi-3
£1,35005/240.19 miWalderslade, ME53
£67507/240.25 mi-3
£1,50005/240.26 miChurchill Avenue, Chatham, Kent, ME53
£1,60005/240.26 miRoosevelt Avenue, ME53
£1,50005/240.27 miChurchill Avenue Chatham ME53
£1,80012/240.27 mi-3
£1,50005/240.27 miChurchill Avenue, Chatham, Kent, ME53
£1,50005/240.34 miWayfield Road, Chatham, Kent, ME53
£1,60001/250.41 mi-3
£1,35005/240.46 miHalifax Close Chatham ME53
£1,50005/240.47 miChristie Close , Chatham , Kent 3
£1,30005/240.5 miMeadside Walk, Walderslade3
£1,45005/240.52 mi-3
£1,40005/240.53 mi-3
£1,70007/240.61 mi-3

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.73 miles away

Nearest school

0.20 miles away

Nearest train station

1.61 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 £220,000

March 8, 2025

Listed for £240,000

February 19, 2025

Floor Plans

Description

  • End of terrace house with potential to improve, or extend (subject to planning) +
  • Upstairs family bathroom and downstairs cloakroom +
  • Popular residential area, with great access local schools and shops +
  • For Sale by Modern Auction - T&C's appl +
  • Subject to an undisclosed Reserve Price, Buyer's fees apply +

Excellent investment opportunity in a great location, popular with families and close to local schools and shops. This end of terrace house will give you a home that you can improve, and perhaps look to extend to either the side or rear (subject to the necessary planning permissions being obtainable). You already have the much requested driveway, as well as access from the rear. This property is for sale by Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.  
Please refer to the footnote regarding the services and appliances.

Room sizes:

  • Entrance Porch
  • Hallway
  • Downstairs Cloakroom
  • Dining Room: 10'10 x 9'10 (3.30m x 3.00m)
  • Lounge: 12'0 x 12'0 (3.66m x 3.66m)
  • Kitchen: 12'5 x 6'7 (3.79m x 2.01m)
  • Landing
  • Bedroom 1: 15'6 x 9'5 (4.73m x 2.87m)
  • Bedroom 2: 12'5 x 9'2 (3.79m x 2.80m)
  • Bedroom 3: 9'5 x 7'11 (2.87m x 2.41m)
  • Bathroom
  • Front Garden
  • Driveway
  • Rear Garden  

    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, Chatham

01634 959314

Next Steps?

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