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
Property image

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.

Price
Date
Distance
Address
Beds
 
£197K02/250.01 mi26, Ward View, Darland, Chatham ME5 7FD2
£197K02/250.01 mi26, Ward View, Darland, Chatham ME5 7FD2
£190K10/240.04 mi8, Ward View, Darland, Chatham ME5 7FD2
£190K10/240.04 mi8, Ward View, Darland, Chatham ME5 7FD2
£75K11/240.15 miBeacon House, 88a, Beacon Road, Chatham ME5 7BS2
£75K11/240.15 mi88a, Beacon House, Beacon Road, Chatham ME5 7BS2
£160K02/230.23 miTop Flat, 8b, Stuart Road, Gillingham, Medway ME7 4AA2
£165K03/230.31 mi70, Upper Luton Road, Chatham, Medway ME5 7BQ2
£195K09/220.31 mi195, Constitution Road, Chatham, Medway ME5 7DJ2
£157.5K09/220.39 miFlat 38, Kingsdale Court, Hopewell Drive, Chatham, Medway ME5 7NN2
£150K11/220.39 miFlat 43, Kingsdale Court, Hopewell Drive, Chatham, Medway ME5 7NN2
£170K01/230.46 mi77, Maida Road, Chatham, Medway ME4 5EB2
£149K03/230.49 mi123, Maida Road, Chatham, Medway ME4 5ED2
£165K10/210.59 mi49, Wiltshire Close, Chatham, Medway ME5 7SR2
£219K10/240.73 mi5 Kincaid House, 4, Birkdale Close, Chatham ME5 0FJ2
£219K10/240.73 mi4, 5 Kincaid House, Birkdale Close, Chatham ME5 0FJ2
£155K06/210.75 mi38, Steven Close, Chatham, Medway ME4 5NG2
£163K10/210.82 mi42, Mary Court, Chatham, Medway ME4 5NT2
£175K12/220.82 mi15, Mary Court, Chatham, Medway ME4 5NT2
£190K12/220.88 mi10, Solent Gardens, Chatham, Medway ME5 7TB2
£71.8K04/250.91 miFlat 70, 397 Pembroke Court, High Street, Chatham ME4 4PG2
£60K03/250.91 miFlat 12a, Pembroke Court, High Street, Chatham ME4 4PG2
£60K03/250.91 miFlat 12a, Pembroke Court, High Street, Chatham ME4 4PG2
£71.8K04/250.91 miFlat 70, 397 Pembroke Court, High Street, Chatham ME4 4PG2

Local Rents

50 rents from £725/mo to £2.1K/mo, average is £1.2K/mo.

Rent
Date
Distance
Address
Beds
 
£1,10006/250.01 miWard View Chatham ME52
£1,20007/240.02 miWard View, Chatham, 2
£1,20006/250.02 miWard View, Chatham, Kent 2
£1,35010/250.02 miWard View, Chatham, ME52
£1,10008/250.04 miWard View, Capstone Heights, Ash Tree Lane, Chatham2
£1,10010/250.12 miBeacon Road, Chatham, ME52
£1,30009/250.12 miChurch Terrace, Chatham, ME52
£82508/250.13 miCoronation Road, Chatham, Kent, ME52
£1,20010/250.14 miChurch Hill, Chatham, ME52
£1,15011/250.14 miChurch Hill, Chatham, ME52
£1,15011/250.14 mi-2
£2,15011/250.15 mi-2
£1,15011/250.16 miCoronation Road, Chatham, Kent, ME52
£1,10010/250.17 mi-2
£1,20011/250.18 miUpper Luton Road, Chatham2
£1,20011/250.19 miPalace Court, Watling Street, Chatham, Kent, ME52
£1,15007/240.19 miUpper Luton Road, Chatham, Kent, ME52
£1,20005/240.19 miUpper Luton Road, Chatham, Kent, ME52
£1,20006/240.19 miUpper Luton Road, Chatham, Kent, ME52
£1,30006/250.19 miUpper Luton Road, Chatham2
£1,41012/240.21 mi-2
£1,20009/250.22 miLuton High Street, Chatham, ME52
£1,20006/250.23 miLuton Road, Chatham2
£1,20011/250.23 miLuton Road, Chatham2
£1,20010/250.23 miLuton Road, Chatham2
£1,25011/250.23 miBeacon Road, Chatham2
£1,45008/250.25 miAinsworth Court, Canterbury Street, Gillingham2
£1,25006/240.27 miChatham Hill, Chatham, ME52
£1,25007/240.27 miChatham Hill, Chatham, ME52
£1,25007/240.27 mi-2
£1,25011/250.27 mi-2
£1,20007/250.27 miUpper Luton Road Chatham ME52
£1,10005/240.28 miChatham Hill, Chatham2
£1,20010/250.29 mi-2
£1,20005/240.29 miChatham Hill, Chatham, Kent, ME52
£1,10006/250.3 mi-2
£1,10008/250.3 miCleave Road, Gillingham2
£80007/250.3 miConstitution Road Chatham, ME52
£1,25010/250.3 mi-2
£1,10005/250.3 miCanterbury Street, Gillingham, ME72
£1,35011/250.3 miChaucer Road, Gillingham, Kent, ME72
£1,30006/240.31 miEdinburgh Road, Chatham, Kent, ME42
£1,30005/250.31 miPheasant Road Chatham ME42
£1,25007/250.32 mi-2
£1,25007/250.32 miEdinburgh Road, Chatham, ME42
£72508/250.32 miChaucer Road, Gillingham, Kent, ME72
£1,35007/250.32 miUpper Luton Road, Chatham, Kent, ME52
£1,20003/240.32 miWatling Street,Gillingham,ME72
£1,35012/240.32 mi-2
£1,40003/250.33 mi-2

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

Property image

Description

  • A smartly presented and spacious first floor apartment +
  • Generous 23ft lounge and impressive 21ft kitchen/diner +
  • Modern bathroom suite +
  • Allocated parking space +
  • Popular modern development +
  • Far reaching view to front +
  • Perfect first purchase +

This spacious first floor apartment is the perfect for any first time buyer looking for their new home. You will be pleasantly surprised with the size of the rooms, lovely condition and the privately located development. Other benefits are the allocated parking space, long lease and being close to a mainline station, motorway connections and local shops.

Room sizes:

  • Entrance Hall
  • Kitchen/Diner: 21'2 x 7'9 (6.46m x 2.36m)
  • Lounge: 23'6 x 9'2 (7.17m x 2.80m)
  • Bedroom 1: 15'7 x 8'5 (4.75m x 2.57m)
  • Bedroom 2: 15'9 x 6'8 (4.80m x 2.03m)
  • Bathroom: 8'9 x 8'6 (2.67m x 2.59m)
  • Allocated Parking  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Rainham

01634 949538

Next Steps?

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