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3 Bed Terraced House, Single Let, Chatham, ME5 7BQ, £230,000

Upper Luton Road, Chatham, Kent, ME5 7BQ - 2 months ago

BTL
ROI: 4%
~65 m²
+6 photos

ValuationOvervalued

Sold Prices£175K - £360K
Sold Prices/m²£1.6K/m² - £4.4K/m²

 

 

Square Metres

~64.60 m²
Price/m²£3.6K/m²

Value Estimate

£189,075

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£14,800

Total Cash In

£72,300

 

 

Cash Out

 

Rent Range

£1,000 - £3,250

Rent Estimate

£1,250

Running Costs/mo

£989

Cashflow/mo

£261

Cashflow/yr

£3,135

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £175K to £360K, average is £240K. £1.6K/m² to £4.4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£225K06/210 mi196, Upper Luton Road, Chatham, Medway ME5 7BQ3
£247.5K06/230.08 mi286, Luton Road, Chatham, Medway ME4 5BU3
£280K10/210.08 mi2, Beacon Road, Chatham, Medway ME5 7BP3
£280K05/210.08 mi61, Beacon Road, Chatham, Kent ME5 7BP3
£240K06/210.11 mi265a, Luton Road, Chatham, Medway ME4 5BN3
£195K05/210.11 mi15, Albany Road, Chatham, Medway ME4 5DL3
£267.5K03/230.12 mi208, Upper Luton Road, Chatham, Medway ME5 7BJ3
£245K01/230.12 mi121, Chatham Hill, Chatham, Medway ME5 7AY3
£230K10/230.13 mi7, Edinburgh Road, Chatham, Medway ME4 5BY3
£280K12/220.13 mi39, Constitution Road, Chatham, Medway ME5 7DN3
£350K11/220.13 mi204, Chatham Hill, Chatham, Medway ME5 7BB3
£300K09/210.13 mi170, Chatham Hill, Chatham, Kent ME5 7BB3
£215K08/210.14 mi204, Upper Luton Road, Chatham, Kent ME5 7BJ3
£285K04/230.14 mi387, Luton Road, Chatham, Medway ME4 5BH3
£230K03/230.15 mi38, Upper Luton Road, Chatham, Medway ME5 7BG3
£220K07/210.16 mi107, Imperial Road, Gillingham, Medway ME7 5PH3
£275K04/230.16 mi85, Imperial Road, Gillingham, Medway ME7 5PH3
£220K02/230.17 mi61, Albany Road, Chatham, Medway ME4 5DN3
£360K01/230.17 mi197, Rock Avenue, Gillingham, Medway ME7 5PN3
£180K02/230.17 mi71, Albany Road, Chatham, Medway ME4 5DN3
£185K04/210.17 mi215, Luton Road, Chatham, Medway ME4 5BW3
£221K04/230.18 mi170, St Johns Road, Gillingham, Medway ME7 5QE3
£220K09/230.19 mi64, Edinburgh Road, Chatham, Medway ME4 5BZ3
£245K04/230.19 mi72, Beacon Road, Chatham, Medway ME5 7BS3
£280K03/210.19 mi145, Beacon Road, Chatham, Medway ME5 7BS3
£175K11/200.19 mi29, Grove Road, Chatham, Medway ME4 5HS3
£235K09/210.2 mi17, Pheasant Road, Chatham, Kent ME4 5AS3
£215K02/230.2 mi20, Pheasant Road, Chatham, Medway ME4 5AS3
£240K10/230.2 mi12, Pheasant Road, Chatham, Medway ME4 5AS3
£200K06/210.21 mi140, Shakespeare Road, Gillingham, Medway ME7 5QA3
£230K09/210.21 mi179, Shakespeare Road, Gillingham, Medway ME7 5QB3
£195.5K08/210.21 mi147, Shakespeare Road, Gillingham, Kent ME7 5QB3
£225K06/230.21 mi34, Alexandra Road, Chatham, Medway ME4 5DG3
£200K06/230.22 mi24, Tennyson Road, Gillingham, Medway ME7 5QD3
£185K02/210.22 mi33, Tennyson Road, Gillingham, Medway ME7 5QD3
£250K05/230.22 mi65, Tennyson Road, Gillingham, Medway ME7 5QD3
£226K09/210.22 mi66, Alexandra Road, Chatham, Kent ME4 5DQ3
£245K12/200.23 mi70, Longfellow Road, Gillingham, Medway ME7 5QQ3
£250K09/230.23 mi2, Cobden Road, Chatham, Medway ME4 5HW3
£280K03/210.24 mi184, Rock Avenue, Gillingham, Medway ME7 5PR3
£265K01/230.24 mi134, Victoria Road, Chatham, Medway ME4 5EL3
£240K11/200.24 mi46, Longfellow Road, Gillingham, Medway ME7 5QG3
£260K12/220.25 mi31, Bright Road, Chatham, Medway ME4 5HH3
£225K01/240.25 mi43, Chamberlain Road, Chatham, Medway ME4 5HT3
£195K01/210.25 mi60, Victoria Road, Chatham, Medway ME4 5EU3
£250K06/230.26 mi69, Rainham Road, Gillingham, Medway ME7 5NG3
£245K06/230.27 mi100, Chaucer Road, Gillingham, Medway ME7 5LU3
£260K11/210.27 mi42, Byron Road, Gillingham, Medway ME7 5QH3
£245K02/230.27 mi37, Clarence Road, Chatham, Medway ME4 5EH3
£295K03/230.28 mi74, Milton Road, Gillingham, Medway ME7 5LW3

Local Rents

51 rents from £1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40005/240.02 mi-3
£1,80003/250.04 mi-3
£1,35012/240.08 mi-3
£1,40002/240.1 mi-3
£1,44001/250.1 mi-3
£1,40002/250.12 mi-3
£1,40001/250.12 mi-3
£1,40001/250.12 mi-3
£1,40001/250.12 mi-3
£1,40004/250.12 mi-3
£1,40004/250.12 mi-3
£1,40008/240.12 mi-3
£1,35004/250.13 mi-3
£1,40004/250.13 mi-3
£1,40005/240.14 mi-3
£1,40005/240.14 mi-3
£1,35007/240.14 mi-3
£1,50005/240.14 miUpper Luton Road, Chatham, ME53
£1,35006/240.14 miUpper Luton Road, Chatham, ME53
£1,40003/240.14 miLuton Road, Chatham, ME43
£1,30005/240.15 mi-3
£1,42001/250.16 mi-3
£1,60003/250.16 mi-3
£1,25004/250.17 mi-3
£1,45005/240.17 miLuton Road, Chatham3
£1,20006/240.18 miCoronation Road, Chatham, ME53
£1,20007/240.18 mi-3
£1,30007/240.18 miConstitution Road, Chatham3
£1,35006/240.19 miGrove Road, Chatham, ME43
£3,25001/250.21 mi-3
£3,25003/250.21 mi-3
£2,10002/250.21 mi-3
£1,30005/240.22 miTennyson Road Gillingham ME73
£1,37505/240.22 miChatham Hill, Chatham3
£1,45007/240.22 miThorold Road, Chatham, ME53
£1,45007/240.22 mi-3
£1,40001/240.23 mi-3
£1,50004/250.23 mi-3
£1,55012/240.23 mi-3
£1,30005/240.24 mi-3
£1,00005/240.25 miMilton Road, , Gillingham3
£1,45004/250.25 mi-3
£1,35005/240.25 miThorold Road, Chatham3
£1,40007/240.26 mi-3
£1,45006/240.26 miMilton Road, GILLINGHAM3
£1,45006/240.26 miMilton Road, Gillingham, ME73
£1,60012/240.27 mi-3
£1,47506/240.27 miMilton Road, Gillingham, Kent, ME73
£1,25005/240.28 miMilton Road, Gillingham, Kent, ME73
£1,37501/240.31 mi-3
£1,50012/240.31 mi-3

Links

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.93 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £230,000

February 26, 2025

Floor Plans

Description

  • Spacious three bedroom terraced house +
  • Situated over three floors +
  • Ideal investment opportunity +
  • Low maintenance rear garden +
  • Council tax band D +
  • EPC rating D(65) potential B(86) +

Introducing to the market this spacious three bedroom terraced house on Upper Luton Road, Chatham. The property is situated over three floors and is an ideal investment property with a low maintenance garden to the rear.

LOCATION

Upper Luton Road is a well connected residential street in Chatham, offering a mix of traditional and modern homes, good local amenities, and easy access to transport links. With schools, healthcare facilities and community spaces nearby, it remains a desirable location for both homeowners and renters looking for a balance between suburban living and urban convenience.

Agent Details

Geering & Colyer, Maidstone

01622 478140

Next Steps?

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

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