3 Bed Terraced House, Single Let, Chatham, ME5 8HH, £260,000

Broadlands Drive, Walderslade, Kent, ME5 8HH - 2 months ago

BTL
ROI: 4%
~75 m²
+9 photos

ValuationUndervalued

Sold Prices£215K - £490K
Sold Prices/m²£2.2K/m² - £5.3K/m²

 

 

Square Metres

~75.47 m²
Price/m²£3.4K/m²

Value Estimate

£270,804
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£17,200

Total Cash In

£82,200

 

 

Cash Out

 

Rent Range

£1,200 - £2,000

Rent Estimate

£1,350

Running Costs/mo

£1,103

Cashflow/mo

£248

Cashflow/yr

£2,970

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £215K to £490K, average is £300K. £2.2K/m² to £5.3K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£270K11/210.03 mi168, Sundridge Drive, Chatham, Medway ME5 8HG3
£300K04/230.05 mi47, Prince Charles Avenue, Chatham, Medway ME5 8EY3
£335K12/200.05 mi55, Prince Charles Avenue, Chatham, Medway ME5 8EY3
£290K08/230.05 mi14, Sundridge Drive, Chatham, Medway ME5 8HE3
£246K09/210.05 mi7, Sundridge Drive, Chatham, Medway ME5 8HE3
£240K09/210.09 mi149, Sundridge Drive, Chatham, Medway ME5 8JE3
£350K04/230.13 mi12, Smith Road, Chatham, Medway ME5 8DR3
£337.5K02/230.13 mi142, Sundridge Drive, Chatham, Medway ME5 8JD3
£297K02/230.13 mi114, Sundridge Drive, Chatham, Medway ME5 8JD3
£302K09/210.15 mi23, Wetheral Drive, Chatham, Medway ME5 8ES3
£345K07/230.15 mi37, Wetheral Drive, Chatham, Medway ME5 8ES3
£215K02/210.16 mi90, Bromley Close, Chatham, Medway ME5 8YP3
£260K10/210.18 mi127, Princes Avenue, Chatham, Kent ME5 8AX3
£235K12/200.18 mi133, Princes Avenue, Chatham, Medway ME5 8AX3
£245K02/210.18 mi141, Sundridge Drive, Chatham, Medway ME5 8JE3
£275K12/200.2 mi18, Ballens Road, Chatham, Medway ME5 8NS3
£320K04/210.21 mi4, Scotby Avenue, Chatham, Medway ME5 8EP3
£425K04/230.22 mi20, Coombe Close, Chatham, Medway ME5 8NU3
£317K04/210.23 mi27, Kingston Crescent, Chatham, Medway ME5 8YQ3
£340K01/230.23 mi11, Savage Road, Chatham, Medway ME5 8DY3
£320K04/210.23 mi12, Hillborough Grove, Chatham, Medway ME5 8JA3
£284K02/230.23 mi78, Sundridge Drive, Chatham, Medway ME5 8HY3
£287K03/210.24 mi9, Peacock Rise, Chatham, Medway ME5 8RN3
£300K12/200.24 mi10, Peacock Rise, Chatham, Medway ME5 8RN3
£305K04/230.24 mi38, Ealing Close, Chatham, Medway ME5 8YJ3
£332.5K06/210.25 mi76, Princes Avenue, Chatham, Medway ME5 8AH3
£265K04/210.26 mi52, Sussex Drive, Chatham, Medway ME5 0NP3
£325K08/230.26 mi27, Brendon Avenue, Chatham, Medway ME5 8JG3
£247K10/210.26 mi9, Brendon Avenue, Chatham, Medway ME5 8JG3
£420K12/220.26 mi71, Princes Avenue, Chatham, Medway ME5 8AY3
£360K02/230.27 mi4, Hall Road, Chatham, Medway ME5 8PL3
£265K10/210.27 mi10, Camden Close, Chatham, Kent ME5 8YF3
£237K12/200.28 mi45, Princes Avenue, Chatham, Medway ME5 8AY3
£260K07/230.28 mi57, Princes Avenue, Chatham, Medway ME5 8AY3
£300K07/230.29 mi11, Bilsington Close, Chatham, Medway ME5 7NE3
£270K03/230.29 mi3, Bilsington Close, Chatham, Medway ME5 7NE3
£349K03/210.31 mi6, Downland Walk, Chatham, Medway ME5 8AF3
£355K11/210.31 mi2, Rothervale, Chatham, Medway ME5 8PN3
£460K03/210.31 mi29, Dargets Road, Chatham, Medway ME5 8BJ3
£330K07/230.32 mi7, The Beeches, Chatham, Medway ME5 0NS3
£265K12/200.32 mi96, Sussex Drive, Chatham, Medway ME5 0NR3
£283K04/210.32 mi118, Sussex Drive, Chatham, Medway ME5 0NR3
£287.5K05/210.34 mi53, Gatcombe Close, Chatham, Medway ME5 7RD3
£300K11/200.34 mi3, Gatcombe Close, Chatham, Kent ME5 7RD3
£265K03/210.34 mi173, Kingston Crescent, Chatham, Medway ME5 8YZ3
£390K12/200.35 mi80, Dargets Road, Chatham, Medway ME5 8BL3
£490K03/210.35 mi62, Dargets Road, Chatham, Medway ME5 8BL3
£385K05/210.35 mi72, Dargets Road, Chatham, Medway ME5 8BL3
£347K06/230.35 mi12, Birchfields, Chatham, Medway ME5 8AE3
£305K02/230.35 mi38, Fanconi Road, Chatham, Medway ME5 8DE3

Local Rents

15 rents from £1.2K/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,55001/250.1 mi-3
£1,55006/240.15 miBromley Close, Chatham, Kent, ME53
£1,70003/250.16 mi-3
£1,55012/240.17 mi-3
£1,40006/240.17 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,40006/240.17 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,40007/240.17 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,40007/240.17 miSundridge Drive, Walderslade, Chatham, Kent, ME53
£1,20007/240.21 miAdmirals Walk, Lordswood, ME53
£1,40007/240.29 miSussex Drive, Chatham , Kent 3
£2,00012/240.37 mi-3
£1,40005/240.45 mi-3
£1,90003/250.48 mi-3
£1,20005/240.49 miKellaway Road, Chatham, Kent, ME53
£1,50005/240.58 miChristie Close , Chatham , Kent 3

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

1.67 miles away

Nearest school

0.30 miles away

Nearest train station

2.55 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 £260,000

March 4, 2025

Listed for £270,000

February 24, 2025

Floor Plans

Description

  • Ideal first purchase +
  • Three bedroom house +
  • kitchen diner +
  • Garage En bloc +
  • Central location +
  • Front and rear garden +

CALLING ALL FIRST TIME BUYERS!

We are pleased to offer this competitively priced three bedroom family home situated in a quiet Cul de sac in a central part of Walderslade.

The property briefly comprises entrance porch, lounge, kitchen diner and lean to storage area on the ground floor with three bedrooms (two doubles) and the family bathroom upstairs.

Externally there are front and rear gardens with the rear garden having a patio area and artificial lawn. The garage also benefits from a garage En bloc.

Broadlands avenue is conveniently located and offers good access to local amenities.

Exterior
Rear garden:
Easy maintenance
patio area
Astroturf
Secure fencing

Agent Details

Robinson Michael & Jackson, Walderslade

01634 959302

Next Steps?

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