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2 Bed Flat, Single Let, Chatham, ME5 7FD £200,000
Ward View, Chatham, Kent, ME5 7FD - 8 months ago
Leasehold
BTL
ROI: 4%
~68 m²
ValuationFair Value
| Sold Prices | £60K - £219K |
| Sold Prices/m² | £1.2K/m² - £4.5K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £2.9K/m² |
Value Estimate | £198,141 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £12,700 |
Total Cash In | £62,700 |
| |
Cash Out | |
Rent Range | £725 - £2,150 |
Rent Estimate | £1,050 |
Running Costs/mo | £855 |
Cashflow/mo | £195 |
Cashflow/yr | £2,340 |
ROI | 4% |
Gross Yield | 6% |
Local Sold Prices
24 sold prices from £60K to £219K, average is £164K. £1.2K/m² to £4.5K/m², average is £2.6K/m².
Local Rents
50 rents from £725/mo to £2.1K/mo, average is £1.2K/mo.
Local Area Statistics
Population in ME5 | 51,764 |
Population in Chatham | 82,044 |
Town centre distance | 1 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 1.02 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +19% |
Sales demand | Seller's market |
Capital growth (5yrs) | +26% |
Property History
Price changed to £200,000
May 27, 2025
Listed for £215,000
March 24, 2025
Floor Plans
Description
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