2 Bed Terraced House, Single Let, Chatham, ME5 7AH, £190,000

Grange Hill, Luton, Chatham, ME5 7AH - 1 views - a month ago

Sold STC
Leasehold
BTL
ROI: 5%
~73 m²
+10 photos

ValuationUndervalued

Sold Prices£140K - £260K
Sold Prices/m²£1.7K/m² - £3.7K/m²

 

 

Square Metres

~72.80 m²
Price/m²£2.6K/m²

Value Estimate

£204,750
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£12,000

Total Cash In

£59,500

 

 

Cash Out

 

Rent Range

£950 - £2,050

Rent Estimate

£1,050

Running Costs/mo

£824

Cashflow/mo

£226

Cashflow/yr

£2,715

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £140K to £260K, average is £197.5K. £1.7K/m² to £3.7K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£178K01/210.01 mi26, Grange Hill, Chatham, Medway ME5 7AH2
£175K03/210.01 mi17, Grange Hill, Chatham, Medway ME5 7AH2
£190K05/210.1 mi112, Thorold Road, Chatham, Medway ME5 7DS2
£165K04/230.1 mi101, Thorold Road, Chatham, Medway ME5 7DS2
£160.5K11/200.12 mi54, Seymour Road, Chatham, Medway ME5 7AE2
£210K10/230.13 mi7, Castle Road, Chatham, Medway ME4 5HG2
£214.4K01/230.14 mi59, St Johns Road, Gillingham, Medway ME7 5QE2
£180K01/210.17 mi271, Luton Road, Chatham, Kent ME4 5BN2
£205K03/210.19 mi2b, Tennyson Road, Gillingham, Medway ME7 5QD2
£230K10/210.19 mi7, Tennyson Road, Gillingham, Medway ME7 5QD2
£200K05/210.2 mi13, Cobden Road, Chatham, Medway ME4 5HW2
£225K10/230.2 mi25, Cobden Road, Chatham, Medway ME4 5HW2
£205K01/240.2 mi29, Cobden Road, Chatham, Medway ME4 5HW2
£170K09/210.2 mi9, Thorold Road, Chatham, Medway ME5 7EA2
£240K05/230.21 mi25, Grove Road, Chatham, Medway ME4 5HS2
£260K11/220.22 mi131, Shakespeare Road, Gillingham, Medway ME7 5QB2
£140K03/240.24 mi10, Victoria Road, Chatham, Medway ME4 5EY2
£140K03/240.24 mi10, Victoria Road, Chatham, Medway ME4 5EY2
£212.5K01/230.27 mi4, Edward Street, Chatham, Medway ME4 5NH2
£155K06/210.27 mi79, Castle Road, Chatham, Medway ME4 5HX2
£167K09/210.27 mi84, Castle Road, Chatham, Medway ME4 5HX2
£225K12/220.27 mi92, Castle Road, Chatham, Medway ME4 5HX2
£160K02/210.27 mi2, Portland Street, Chatham, Medway ME4 5LS2
£197.5K05/210.27 mi23, Upper Luton Road, Chatham, Medway ME5 7BH2
£218K02/240.27 mi19, Alfred Close, Chatham, Medway ME4 5EE2
£165K03/210.29 mi359, Luton Road, Chatham, Medway ME4 5BJ2
£167K12/200.3 mi6, East Street, Chatham, Medway ME4 5NJ2
£181K05/210.3 mi53, Gordon Road, Chatham, Medway ME4 5LU2
£205K10/210.3 mi71, Gordon Road, Chatham, Medway ME4 5LU2
£230K05/230.3 mi82, Victoria Road, Chatham, Medway ME4 5EU2
£230K12/220.3 mi13, Salisbury Road, Chatham, Medway ME4 5NW2
£170K01/210.3 mi6, Edinburgh Road, Chatham, Kent ME4 5BY2
£190K10/210.31 mi7, Salisbury Road, Chatham, Medway ME4 5NW2
£195K11/230.31 mi56, Lester Road, Chatham, Medway ME4 5NP2
£157K11/200.32 mi83, Connaught Road, Chatham, Medway ME4 5DH2
£230K01/230.33 mi64, Connaught Road, Chatham, Medway ME4 5DH2
£218.5K06/230.33 mi22, Dagmar Road, Chatham, Medway ME4 5HB2
£200K04/210.33 mi6, Shakespeare Road, Gillingham, Medway ME7 5QL2
£212.5K04/230.34 mi160, Castle Road, Chatham, Medway ME4 5HY2
£180K02/240.34 mi116, Castle Road, Chatham, Medway ME4 5HY2
£175K02/210.37 mi101, Gordon Road, Chatham, Medway ME4 5LX2
£227.5K06/210.37 mi149, Gordon Road, Chatham, Medway ME4 5LX2
£165K01/210.37 mi401, Luton Road, Chatham, Medway ME4 5BH2
£153K06/210.37 mi405, Luton Road, Chatham, Medway ME4 5BH2
£210K05/230.38 mi13, Coronation Road, Chatham, Medway ME5 7DD2
£198K11/230.4 mi33, First Avenue, Chatham, Medway ME4 5AT2
£232.5K03/230.4 mi16, Frederick Road, Gillingham, Medway ME7 5UT2
£160K11/200.41 mi171, Castle Road, Chatham, Medway ME4 5HZ2
£216K06/230.41 mi224, Castle Road, Chatham, Medway ME4 5HZ2
£160K02/210.42 mi22, Otway Street, Chatham, Kent ME4 5PG2
£205K10/230.42 mi22, Otway Street, Chatham, Medway ME4 5PG2

Local Rents

52 rents from £950/mo to £2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.06 miThorold Road, Chatham, Kent, ME52
£1,15008/240.06 mi-2
£1,15007/240.06 miConstitution Road, Chatham, ME52
£1,15007/240.06 miConstitution Road, Chatham, ME52
£1,35005/240.09 mi-2
£1,40006/240.09 mi-2
£1,40004/250.09 mi-2
£1,05005/240.11 miLuton Road, Chatham2
£1,10001/240.14 mi-2
£1,25006/240.14 miImperial Road, Gillingham2
£1,05006/240.16 mi-2
£1,05006/240.16 mi-2
£1,05006/240.16 mi-2
£1,20008/240.18 mi-2
£1,30012/240.23 mi-2
£1,25002/250.23 mi-2
£1,30008/240.23 miGordon Road Chatham ME42
£1,20005/240.24 miChatham Hill, Chatham, Kent, ME52
£1,40003/250.24 mi-2
£1,40005/240.25 miChatham, ME42
£1,39505/240.25 mi-2
£1,10005/240.26 miChatham Hill, Chatham2
£1,25007/240.26 mi-2
£1,25006/240.26 miChatham Hill, Chatham, ME52
£1,25007/240.26 miChatham Hill, Chatham, ME52
£1,20006/240.26 miGordon Road, Chatham2
£1,15006/240.26 miGordon Road, Chatham2
£1,45007/240.26 mi-2
£1,45007/240.26 miCastle Road, Chatham, ME42
£1,10005/240.27 miVictoria Road, Chatham2
£2,05004/240.27 mi-2
£1,15012/240.28 mi-2
£1,30003/240.29 miShakespeare Road,Gillingham,ME72
£1,15007/240.3 miGordon Road, CHATHAM2
£1,15005/240.3 mi-2
£1,32504/250.31 mi-2
£1,30004/250.32 mi-2
£1,30006/240.33 miEdinburgh Road, Chatham, Kent, ME42
£1,30006/240.33 miMilton Road, Gillingham2
£1,30002/250.34 mi-2
£1,35004/250.35 mi-2
£1,20005/240.36 miUpper Luton Road, Chatham, Kent, ME52
£1,20006/240.36 miUpper Luton Road, Chatham, Kent, ME52
£1,15007/240.36 miUpper Luton Road, Chatham, Kent, ME52
£1,35012/240.37 mi-2
£1,20007/240.39 mi-2
£95008/240.39 mi-2
£1,20002/250.39 mi-2
£1,15007/240.39 miMary Court, Chatham, ME5 2
£1,25004/250.39 mi-2
£1,10005/240.4 miMay Road Gillingham ME72
£97505/240.4 miAlton Mews, Canterbury Street, Gillingham, ME7 2

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.77 miles away

Nearest school

0.30 miles away

Nearest train station

0.83 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £190,000

March 18, 2025

Floor Plans

Description

  • 784 Sq Ft Victorian Terrace House +
  • Two Doubler Sized Bedrooms +
  • Two Spacious Reception Rooms +
  • First Floor Bathroom Off Bedroom +
  • Large Rear Garden +
  • 1 Mile From Chatham Train Station +
  • 1.9 Miles to Greenwich University ( Medway Campus ) +
  • 0.4 Miles to Medway Maritime Hospital +
  • Great First Time Buy! +
  • Great Buy to Let Investment! +

WATCH VIDEO TOUR - Are you looking for a great buy to let or first time purchase opportunity? Then look no further as we offer to you this 784 Sq Ft Victorian terrace house. The abode is only 0.4 miles to Medway Maritime Hospital & 0.8 mile to Chatham Train Station & Town Centre as well 0.8 miles to Gillingham Train Station too along with being 1.9 miles to Greenwich University ( Medway Campus ). The home is also near to several sought after schools as as All Saints Church of England Primary, New Road Primary, Brompton-Westbrook Primary, Greenvale Primary & Chatham Grammar.

The property internally boasts two spacious reception rooms as well as the kitchen on the ground floor. Whilst on the first floor are two double sized bedrooms with the bathroom off the back bedroom too. Externally to the rear is a secluded & large garden.

Call The Property Cloud today to view & we are sure you will not be disappointed!

FOR ROOM SIZES & LAYOUT INFORMATION - PLEASE REFER TO FLOOR PLAN.

ADDITIONAL INFORMATION:

COUNCIL TAX : Medway Council - Band B - £1,716.82 Per Year.

COMMUTING: Chatham Train Station - 0.8 Miles Away. Gillingham Train Station - 0.8 Miles Away. Rochester Train Station - 1.6 Miles Away.

SCHOOLING: All Saints Church of England Primary- 0.2 Miles Away - Good Ofsted. New Road Primary - 0.3 Miles Away - Good Ofsted. Brompton-Westbrook Primary - 0.6 Miles Away - Good Ofsted. Greenvale Primary- 0.5 Miles Away - Good Ofsted. Chatham Grammar - 0.5 Miles Away - Outstanding Ofsted.

LOCAL AREA: Chatham Town Centre - 0.8 Miles. Greenwich University ( Medway Campus ) - 1.9 Miles. Planet Ice Ice Rink ( Gillingham ) - 1.9 Miles. Medway Maritime Hospital - 0.4 Miles. Dartford Crossing - 17.5 Miles. Bluewater Shopping Centre - 13.9 Miles. Blackwall Tunnell - 27.4 Miles. The 02 - 27.4 Miles. Ashford Outlet Centre - 28.2 Miles Away.

DISCLAIMER: Please Note: All measurements are approximate and are taken at the widest points. They should not be used for the purchase of furnishings or floor coverings. Please also note that The Property Cloud have not seen any paperwork relating to any building works that may have been carried out within this property, nor have we tried or tested any appliances or services. These particulars do not form part of any contract. Floor plans, Videos & Photographs, whether enhanced or not, are for general guidance only. We would strongly recommend that the information which we provide about the property, including distances, leasehold information or guidance on rental value for example, is verified by yourselves upon inspection and also by your solicitor before legal commitment to the purchase.

Agent Details

The Property Cloud, North Kent & South East London

020 3910 6087

Next Steps?

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