2 Bed Terraced House, Single Let, Chatham, ME4 6RD, £250,000

2 Pagitt Street, Chatham, Kent, ME4 6RD - a month ago

BTL
58 m²
+9 photos

ValuationOvervalued

Sold Prices£132.5K - £322K
Sold Prices/m²£1.9K/m² - £6.9K/m²

 

 

Square Metres

57.99 m²
Price/m²£4.3K/m²

Value Estimate

£182,518

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£800 - £1,750

Rent Estimate

£913

Running Costs/mo

£984

Cashflow/mo

£-71

Cashflow/yr

£-850

Gross Yield

4%

Local Sold Prices

50 sold prices from £132.5K to £322K, average is £230K. £1.9K/m² to £6.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£245K03/230 mi118, Pagitt Street, Chatham, Medway ME4 6RD2
£212.5K04/210 mi98, Pagitt Street, Chatham, Medway ME4 6RD2
£250K10/200 mi125, Pagitt Street, Chatham, Kent ME4 6RD2
£230K06/230.07 mi119, Dale Street, Chatham, Medway ME4 6QH2
£180K11/200.07 mi120, Dale Street, Chatham, Medway ME4 6QH2
£180K12/200.11 mi213, Dale Street, Chatham, Medway ME4 6QJ2
£192K07/210.11 mi58, Dale Street, Chatham, Medway ME4 6QG2
£185K10/200.14 mi10, Scotts Terrace, Chatham, Medway ME4 6QF2
£247K01/230.15 mi14, Scotts Terrace, Chatham, Medway ME4 6QF2
£188K02/210.23 mi23, Ingle Road, Chatham, Medway ME4 5SD2
£267.5K08/230.25 mi7, Rosebery Road, Chatham, Medway ME4 6LG2
£229K07/230.26 mi86, Charter Street, Chatham, Medway ME4 5RZ2
£132.5K10/200.27 mi107, Charter Street, Chatham, Medway ME4 5RY2
£215K11/210.27 mi9, New Street, Chatham, Kent ME4 6RH2
£203.5K04/210.27 mi15, New Street, Chatham, Medway ME4 6RH2
£290K09/210.27 mi11, Brenchley Close, Rochester, Medway ME1 2QL2
£290K11/230.27 mi2, Brenchley Close, Rochester, Medway ME1 2QL2
£228.9K10/200.27 mi18, Brenchley Close, Rochester, Medway ME1 2QL2
£255K06/210.27 mi6, Brenchley Close, Rochester, Medway ME1 2QL2
£263K01/210.27 mi3, Brenchley Close, Rochester, Medway ME1 2QL2
£260K02/230.28 mi15, New Street, Chatham, Medway ME4 6RH2
£208K11/210.28 mi114, Mount Road, Chatham, Medway ME4 5RR2
£235K01/240.28 mi51, Wyles Road, Chatham, Medway ME4 6LE2
£215K04/230.29 mi24, Southill Road, Chatham, Medway ME4 5SA2
£190K06/210.29 mi106, Holcombe Road, Chatham, Kent ME4 5RX2
£200K01/230.3 mi8, Southill Road, Chatham, Medway ME4 5SA2
£245K09/210.31 mi6, Boundary Road, Chatham, Medway ME4 6TS2
£230K11/230.33 mi35, Ordnance Street, Chatham, Medway ME4 6SJ2
£307.5K06/230.34 mi98, Port Rise, Chatham, Medway ME4 6QA2
£216K12/200.34 mi12, Scotteswood Avenue, Chatham, Medway ME4 6HB2
£190K06/210.35 mi64, Mount Road, Chatham, Medway ME4 5RP2
£200K12/200.35 mi46, Mount Road, Chatham, Medway ME4 5RP2
£197.5K02/210.36 mi4, St Leonards Avenue, Chatham, Medway ME4 6HL2
£190K11/230.37 mi40, Jenkins Dale, Chatham, Medway ME4 5RB2
£290K11/200.37 mi39, The Fort, Rochester, Medway ME1 2FE2
£206K05/210.37 mi23, Elm Avenue, Chatham, Medway ME4 6ER2
£270K07/230.37 mi23, Elm Avenue, Chatham, Medway ME4 6ER2
£225K02/210.39 mi67, St Williams Way, Rochester, Kent ME1 2NY2
£230K11/200.39 mi7, Cressey Court, Chatham, Medway ME4 6TW2
£295K07/210.39 mi17, St Williams Way, Rochester, Medway ME1 2NX2
£322K12/230.39 mi13, St Williams Way, Rochester, Medway ME1 2NX2
£215K12/220.4 mi15, Glencoe Road, Chatham, Medway ME4 5QB2
£255K12/220.41 mi1a, Amherst Road, Rochester, Medway ME1 2AR2
£238K10/210.41 miHolmside, Chalkpit Hill, Chatham, Medway ME4 5SU2
£245K03/210.43 mi6, Randall Road, Chatham, Kent ME4 6JY2
£200K11/230.43 mi4, Natal Road, Chatham, Medway ME4 5PS2
£270K04/230.43 mi12, Chalkpit Hill, Chatham, Medway ME4 5TA2
£245K01/210.44 mi8, Huntsmans Close, Rochester, Kent ME1 2RD2
£310K10/230.44 mi11, Huntsmans Close, Rochester, Medway ME1 2RD2
£282K02/210.44 mi23, Haig Avenue, Rochester, Medway ME1 2RZ2

Local Rents

50 rents from £800/mo to £1.8K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£99005/240.07 mi-2
£1,25002/250.1 mi-2
£1,15006/240.15 miTop Purbeck Road, Chatham, ME42
£1,15006/240.15 mi-2
£1,25005/240.24 miRosebery Road, Chatham, Kent, ME42
£1,15006/240.25 mi-2
£1,15006/240.25 miBrenchley Close, Rochester, ME12
£1,20005/240.26 miMaidstone Road, Chatham2
£1,25007/240.27 miCharlesworth House, Balfour Road, Chatham, Kent, ME42
£1,50004/250.35 mi-2
£1,25007/240.37 miPort Rise, Chatham2
£1,25001/250.39 mi-2
£1,10005/240.42 mi-2
£1,35012/240.44 mi-2
£1,20002/250.44 mi-2
£1,04908/240.46 mi-2
£1,30007/240.48 miNew Road, Chatham2
£1,15005/240.48 miMary Court, Chatham, Kent, ME42
£1,45008/240.48 miChatham Waters, South House, Gillingham Gate Road, Gillingham, ME42
£1,40005/240.49 miHaig Avenue, Rochester2
£1,25007/240.49 miNew Road, Chatham, Kent, ME42
£1,35004/250.5 mi-2
£1,20004/250.51 mi-2
£1,30003/250.52 mi-2
£1,25007/240.52 mi-2
£1,75005/240.52 miBishops Court, Rochester 2
£1,25007/240.52 miPortside Close, Rochester, Kent, ME1 2FG2
£1,00005/240.52 miRutland Court, Cossack Street, Rochester, ME12
£1,05007/240.52 miCossack Street, Rochester, ME12
£1,19504/250.54 mi-2
£1,20005/240.54 miWilson Avenue Rochester ME12
£1,32507/240.54 miRose Street, Rochester, Kent, ME12
£1,30006/240.54 mi-2
£1,20005/240.54 miBishops Court, St. Bartholomews Place New Road ME12
£80008/240.54 miSturla Road, Chatham2
£1,29506/240.54 mi-2
£1,30005/240.54 miNew Road, Rochester, Kent, ME12
£1,35007/240.55 miErnest Road, Chatham, Kent, ME42
£1,40007/240.55 miGundulph Road, Chatham2
£1,25007/240.56 miGlencoe Road, Chatham, Kent, ME42
£1,30003/250.56 mi-2
£1,25005/240.58 miHospital Lane, Rochester, Kent, ME12
£1,40007/240.58 miHolcombe Road Rochester ME12
£1,40007/240.58 miHolcombe Road, Rochester, ME12
£1,08507/240.59 mi-2
£1,08506/240.59 miWellington Court, Chatham, ME42
£1,45004/250.59 mi-2
£1,20005/240.6 mi-2
£1,20005/240.6 mi-2
£1,25005/240.6 miNora Court, Chatham, ME42

Local Area Statistics

Population in ME4

30,244

Population in Chatham

82,044

Town centre distance

0.63 miles away

Nearest school

0.10 miles away

Nearest train station

0.40 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £250,000

March 13, 2025

Floor Plans

Description

  • 2 Bedrooms +
  • Lounge +
  • Dining Room +
  • Kitchen +
  • Family Bathroom +

Asking Price £250,000

This charming two-bedroom home is the ideal choice for first-time buyers and investors alike. Offered to the market with No Chain for a seamless transaction.

The Ground Floor comprises spacious living areas, boasting a separate lounge & dining area, as well as a well-equipped kitchen.

Upstairs, there are two generous bedrooms, along with a large family bathroom which offers plenty of potential.

To the rear of the home, there is an enclosed rear garden and a large garage adds convenience.

Do not miss out on your opportunity to purchase and put your own stamp on this unique property, call us today to arrange your viewing!

Exterior
Enclosed, low maintenance rear garden.

Key Terms
Chatham is famous for its Naval connection’s, hosting one of the Royal Navy’s main facilities for hundreds of years until it’s closure in 1984. Since the closure the former site, now known as St Mary’s Island, has been transformed and boasts a new retail outlet centre, bars, cafe’s, restaurants, gym and cinema to compliment the harbour and vast array of riverside housing. Part of the original naval history has also been preserved through the Historic Dockyard Trust, which provides an insight into past traditions. The Pentagon shopping centre and high street offer everything that you will need with a wide range of stores. Chatham is a commuter’s dream. High Speed rail links to Stratford International in just over 30 minutes or St Pancras International in just over 38 minutes. London Victoria is also accessible in just over 52 minutes. In any part of the town you are never too far from road links, the A2 and M2 are easily accessible in under 5 miles. With the M20 and M25 approximately 10 miles away. Chatham and near-by Rochester offer a fantastic range of primary and secondary schools, as well as the University.

Agent Details

Robinson Michael & Jackson, Chatham

01634 557540

Next Steps?

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