3 Bed Terraced House, Refurb/BRRR, Chatham, ME5 0DG, £280,000

Churchill Avenue, Chatham, ME5 0DG - a month ago

Refurb/BRRR
~93 m²
+5 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£288,400
BMV3%

 

 

End Value (After Refurb)

£369,048

Uplift in Value

+32%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£19,200

Refurb Costs

£45,600

Bridging Loan Interest

£7,350

Total Cash In

£143,900

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£369,048

Agent Fees (1%)

£3,690

Bridging Loan

£210,000

Bridging Loan Interest

£7,350

Flip Profit

£11,457

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 
£300K01/230.02 mi215, Churchill Avenue, Chatham, Medway ME5 0DQ3
£280K05/210.03 mi114, Churchill Avenue, Chatham, Medway ME5 0DH3
£270K11/200.06 mi8, Goose Close, Chatham, Medway ME5 7SX3
£235K07/210.1 mi35, Heritage Road, Chatham, Medway ME5 7SQ3
£229K04/210.1 mi32, Chaffinch Close, Chatham, Kent ME5 7RG3
£304K12/200.13 mi160, Wayfield Road, Chatham, Medway ME5 0HG3
£340.1K05/230.13 mi182, Wayfield Road, Chatham, Medway ME5 0HG3
£315K01/230.15 mi10, Aldershot Road, Chatham, Medway ME5 0HX3
£255K04/210.16 mi96, Heron Way, Chatham, Kent ME5 7RH3
£267K09/210.17 mi14, Malta Avenue, Chatham, Medway ME5 0JT3
£260K11/200.17 mi12, Malta Avenue, Chatham, Medway ME5 0JT3
£296K08/210.17 mi6, Woolwich Close, Chatham, Medway ME5 0HU3
£267.5K01/210.18 mi33, Freshwater Road, Chatham, Medway ME5 7SZ3
£280K06/210.21 mi24, Colchester Close, Chatham, Medway ME5 0HQ3
£260K01/210.21 mi38, Churchill Avenue, Chatham, Medway ME5 0DL3
£248K04/210.21 mi46, Mermaid Close, Chatham, Medway ME5 7PT3
£282K07/230.21 mi139, Churchill Avenue, Chatham, Medway ME5 0DG3
£233K04/210.21 mi99, Churchill Avenue, Chatham, Medway ME5 0DG3
£275K12/200.22 mi63, Eden Avenue, Chatham, Medway ME5 0HW3
£290K12/220.22 mi62, Eden Avenue, Chatham, Medway ME5 0HW3
£245K07/210.25 mi295, Churchill Avenue, Chatham, Medway ME5 0LB3
£265K04/210.25 mi16, Montgomery Avenue, Chatham, Medway ME5 0HA3
£320K07/230.25 mi12, Montgomery Avenue, Chatham, Medway ME5 0HA3
£225K03/210.25 mi14, Fisher Road, Chatham, Medway ME5 7RU3
£332K04/230.28 mi32, Raleigh Close, Chatham, Medway ME5 7SB3
£320K05/230.28 mi77, Tobruk Way, Chatham, Medway ME5 0JW3
£285K06/210.28 mi27, Tobruk Way, Chatham, Kent ME5 0JW3
£286K01/210.28 mi63, Tobruk Way, Chatham, Medway ME5 0JW3
£247K11/200.3 mi12, Alamein Avenue, Chatham, Medway ME5 0HZ3
£270K03/230.3 mi35, Alamein Avenue, Chatham, Medway ME5 0HZ3
£252K03/210.31 mi21, Cherbourg Crescent, Chatham, Medway ME5 0HR3
£325K02/230.31 mi341, Wayfield Road, Chatham, Medway ME5 0JD3
£345K01/230.32 mi61, Tobruk Way, Chatham, Medway ME5 0JW3
£216K12/200.33 mi18, Vulcan Close, Chatham, Kent ME5 7RR3
£265K12/200.34 mi47, Dunkirk Drive, Chatham, Medway ME5 0JF3
£257.5K03/210.34 mi5, Roosevelt Avenue, Chatham, Medway ME5 0ET3
£312K11/200.36 mi34, Limetree Close, Chatham, Medway ME5 0DR3
£380K07/230.36 mi12, Limetree Close, Chatham, Medway ME5 0DR3
£250K12/200.37 mi27, Walderslade Road, Chatham, Medway ME5 0JA3
£298K04/210.37 mi6, Resolution Close, Chatham, Medway ME5 7RJ3
£290K03/210.38 mi47, Illustrious Close, Chatham, Medway ME5 7RW3
£272K10/210.39 mi4, Barnfield, Chatham, Medway ME5 0HT3
£230K03/210.39 mi22, Barnfield, Chatham, Medway ME5 0HT3
£285K05/230.4 mi1, Spitfire Close, Chatham, Medway ME5 7QW3
£240K04/210.4 mi17, Spitfire Close, Chatham, Medway ME5 7QW3
£281K07/210.4 mi12, Burma Way, Chatham, Medway ME5 0JL3
£300K06/210.4 mi9, Emily Road, Chatham, Medway ME5 7LF3
£375K01/230.4 mi2, Emily Road, Chatham, Medway ME5 7LF3
£312.5K12/200.43 mi65, Christie Close, Chatham, Medway ME5 7NQ3
£285K06/230.43 mi85, Walderslade Road, Chatham, Medway ME5 0LJ3

Local Rents

20 rents from £675/mo to £2K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,52507/240.07 mi-3
£1,65007/240.08 miMountbatten Avenue, Chatham, Kent 3
£1,35008/240.1 mi-3
£1,35007/240.1 miHeritage Road, Chatham, ME53
£1,35005/240.21 miWalderslade, ME53
£67507/240.24 mi-3
£1,60005/240.28 miRoosevelt Avenue, ME53
£1,50005/240.28 miChurchill Avenue, Chatham, Kent, ME53
£1,50005/240.29 miChurchill Avenue Chatham ME53
£1,50005/240.29 miChurchill Avenue, Chatham, Kent, ME53
£1,80012/240.29 mi-3
£1,50005/240.33 miWayfield Road, Chatham, Kent, ME53
£1,60001/250.4 mi-3
£1,35005/240.44 miHalifax Close Chatham ME53
£1,50005/240.45 miChristie Close , Chatham , Kent 3
£1,45005/240.5 mi-3
£1,30005/240.52 miMeadside Walk, Walderslade3
£1,40005/240.52 mi-3
£1,70007/240.59 mi-3
£2,00012/240.62 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 £280,000

April 5, 2025

Listed for £300,000

March 6, 2025

Description

  • Three Bedrooms +
  • Driveway To Front +
  • Two Reception Rooms +
  • Close To Shops +
  • Family Home +
  • Downstairs WC +

A fantastic opportunity to put your own stamp on this three-bedroom mid-terrace family home in the heart of Walderslade! With great potential and a spacious layout, this property is perfect for those looking to update and create their dream home.

As you step inside, you're welcomed by a handy porch leading to a convenient downstairs WC. The home features two generously sized reception rooms, offering plenty of space for family living and entertaining, along with a kitchen that’s ready for a refresh. Upstairs, you'll find three well-proportioned bedrooms, all waiting for a touch of modernisation, plus a family bathroom.

Outside, the property continues to offer great potential. The manageable rear garden provides space to relax and enjoy, complete with a brick-built shed for extra storage. At the front, the driveway comfortably accommodates two cars, adding to the home’s practicality.

Ideally located close to bus stops, shops, and schools, this property is brimming with possibilities. If you're looking for a home to make your own, this could be the perfect project. Don’t miss out—schedule your viewing today!

Agent Details

haart, Walderslade

01634 563513

Next Steps?

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