3 Bed Terraced House, Single Let, Chatham, ME5 8YJ, £180,000





ValuationUndervalued
Sold Prices | £215K - £475K |
Sold Prices/m² | £2.2K/m² - £5.9K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.9K/m² |
Value Estimate | £216,000£216,000 |
BMV | 20% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £45,000£45,000 |
Stamp Duty & Legal Fees | £11,300£11,300 |
Total Cash In | £56,300£56,300 |
| |
Cash Out | |
Rent Range | £1,200 - £2,000£1,200 - £2,000 |
Rent Estimate | £1,394 |
Running Costs/mo | £861£861 |
Cashflow/mo | £533£533 |
Cashflow/yr | £6,392£6,392 |
ROI | 11%11% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £215K to £475K, average is £300K. £2.2K/m² to £5.9K/m², average is £3.6K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£305K | 04/23 | 0 mi | 38, Ealing Close, Chatham, Medway ME5 8YJ | £2,905 | 105 | 3 | Terraced House | |
£317K | 04/21 | 0.05 mi | 27, Kingston Crescent, Chatham, Medway ME5 8YQ | £2,232 | 142 | 3 | Terraced House | |
£215K | 02/21 | 0.11 mi | 90, Bromley Close, Chatham, Medway ME5 8YP | £2,792 | 77 | 3 | Terraced House | |
£265K | 03/21 | 0.13 mi | 173, Kingston Crescent, Chatham, Medway ME5 8YZ | £4,015 | 66 | 3 | Semi-Detached House | |
£265K | 10/21 | 0.14 mi | 10, Camden Close, Chatham, Kent ME5 8YF | £3,315 | 80 | 3 | Terraced House | |
£315K | 03/21 | 0.15 mi | 15, Merton Close, Chatham, Medway ME5 8YX | £4,200 | 75 | 3 | Semi-Detached House | |
£360K | 02/23 | 0.19 mi | 4, Hall Road, Chatham, Medway ME5 8PL | - | - | 3 | Semi-Detached House | |
£320K | 04/21 | 0.19 mi | 4, Scotby Avenue, Chatham, Medway ME5 8EP | £3,721 | 86 | 3 | Semi-Detached House | |
£302K | 09/21 | 0.2 mi | 23, Wetheral Drive, Chatham, Medway ME5 8ES | - | - | 3 | Semi-Detached House | |
£345K | 07/23 | 0.2 mi | 37, Wetheral Drive, Chatham, Medway ME5 8ES | - | - | 3 | Semi-Detached House | |
£300K | 04/23 | 0.21 mi | 47, Prince Charles Avenue, Chatham, Medway ME5 8EY | - | - | 3 | Detached House | |
£335K | 12/20 | 0.21 mi | 55, Prince Charles Avenue, Chatham, Medway ME5 8EY | £3,526 | 95 | 3 | Detached House | |
£355K | 11/21 | 0.22 mi | 2, Rothervale, Chatham, Medway ME5 8PN | £3,901 | 91 | 3 | Semi-Detached House | |
£275K | 12/20 | 0.22 mi | 18, Ballens Road, Chatham, Medway ME5 8NS | £3,929 | 70 | 3 | Semi-Detached House | |
£270K | 11/21 | 0.28 mi | 168, Sundridge Drive, Chatham, Medway ME5 8HG | £3,462 | 78 | 3 | Terraced House | |
£290K | 08/23 | 0.28 mi | 14, Sundridge Drive, Chatham, Medway ME5 8HE | - | - | 3 | Semi-Detached House | |
£246K | 09/21 | 0.28 mi | 7, Sundridge Drive, Chatham, Medway ME5 8HE | - | - | 3 | Terraced House | |
£425K | 04/23 | 0.29 mi | 20, Coombe Close, Chatham, Medway ME5 8NU | £5,313 | 80 | 3 | Detached House | |
£300K | 07/23 | 0.31 mi | 11, Bilsington Close, Chatham, Medway ME5 7NE | £4,412 | 68 | 3 | Terraced House | |
£270K | 03/23 | 0.31 mi | 3, Bilsington Close, Chatham, Medway ME5 7NE | - | - | 3 | Terraced House | |
£240K | 09/21 | 0.32 mi | 149, Sundridge Drive, Chatham, Medway ME5 8JE | £3,288 | 73 | 3 | Terraced House | |
£380K | 03/23 | 0.33 mi | 342a, Lords Wood Lane, Chatham, Medway ME5 8JT | - | - | 3 | Semi-Detached House | |
£340K | 11/21 | 0.34 mi | 8, Tyne Close, Chatham, Medway ME5 8JQ | - | - | 3 | Semi-Detached House | |
£345K | 11/20 | 0.34 mi | 328, Lords Wood Lane, Chatham, Kent ME5 8JT | £3,053 | 113 | 3 | Semi-Detached House | |
£350K | 04/23 | 0.35 mi | 12, Smith Road, Chatham, Medway ME5 8DR | £4,375 | 80 | 3 | Semi-Detached House | |
£315K | 02/21 | 0.36 mi | 14, Ashmead Close, Chatham, Medway ME5 8NY | £3,580 | 88 | 3 | Semi-Detached House | |
£285K | 01/21 | 0.36 mi | 4, Ashmead Close, Chatham, Medway ME5 8NY | £3,239 | 88 | 3 | Semi-Detached House | |
£260K | 10/21 | 0.37 mi | 127, Princes Avenue, Chatham, Kent ME5 8AX | £3,447 | 75 | 3 | Terraced House | |
£235K | 12/20 | 0.37 mi | 133, Princes Avenue, Chatham, Medway ME5 8AX | £3,092 | 76 | 3 | Terraced House | |
£337.5K | 02/23 | 0.37 mi | 142, Sundridge Drive, Chatham, Medway ME5 8JD | - | - | 3 | Semi-Detached House | |
£297K | 02/23 | 0.37 mi | 114, Sundridge Drive, Chatham, Medway ME5 8JD | £4,014 | 74 | 3 | Semi-Detached House | |
£349K | 03/21 | 0.38 mi | 6, Downland Walk, Chatham, Medway ME5 8AF | £4,058 | 86 | 3 | Detached House | |
£370K | 07/23 | 0.38 mi | 33, Wittersham Close, Chatham, Medway ME5 7NA | £3,500 | 106 | 3 | Semi-Detached House | |
£282.5K | 03/23 | 0.38 mi | 41, Wittersham Close, Chatham, Medway ME5 7NA | £4,484 | 63 | 3 | Semi-Detached House | |
£280K | 11/21 | 0.38 mi | 63, Winchelsea Road, Chatham, Kent ME5 7LT | £4,179 | 67 | 3 | Semi-Detached House | |
£250K | 03/21 | 0.39 mi | 43, Stag Road, Chatham, Medway ME5 8LG | £3,593 | 70 | 3 | Terraced House | |
£285K | 09/21 | 0.39 mi | 25, Stag Road, Chatham, Kent ME5 8LG | £4,385 | 65 | 3 | Terraced House | |
£270K | 12/20 | 0.39 mi | 60, Courtfield Avenue, Chatham, Medway ME5 8QR | £3,418 | 79 | 3 | Semi-Detached House | |
£260K | 03/21 | 0.39 mi | 40, Courtfield Avenue, Chatham, Medway ME5 8QR | - | - | 3 | Semi-Detached House | |
£287K | 03/21 | 0.4 mi | 9, Peacock Rise, Chatham, Medway ME5 8RN | £3,588 | 80 | 3 | Semi-Detached House | |
£300K | 12/20 | 0.4 mi | 10, Peacock Rise, Chatham, Medway ME5 8RN | £3,903 | 77 | 3 | Semi-Detached House | |
£340K | 01/23 | 0.41 mi | 11, Savage Road, Chatham, Medway ME5 8DY | - | - | 3 | Semi-Detached House | |
£245K | 02/21 | 0.42 mi | 141, Sundridge Drive, Chatham, Medway ME5 8JE | £3,224 | 76 | 3 | Detached House | |
£385K | 03/21 | 0.44 mi | 4, Stanley Road, Chatham, Medway ME5 8LN | £4,231 | 91 | 3 | Detached House | |
£265K | 04/21 | 0.45 mi | 52, Sussex Drive, Chatham, Medway ME5 0NP | £2,880 | 92 | 3 | Semi-Detached House | |
£475K | 05/21 | 0.46 mi | 21, Darenth Rise, Chatham, Medway ME5 8QU | £5,938 | 80 | 3 | Detached House | |
£310K | 02/23 | 0.46 mi | 12, Darenth Rise, Chatham, Medway ME5 8QU | £5,000 | 62 | 3 | Detached House | |
£287.5K | 05/21 | 0.46 mi | 53, Gatcombe Close, Chatham, Medway ME5 7RD | £2,758 | 104 | 3 | Semi-Detached House | |
£300K | 11/20 | 0.46 mi | 3, Gatcombe Close, Chatham, Kent ME5 7RD | £4,545 | 66 | 3 | Detached House | |
£320K | 04/21 | 0.47 mi | 12, Hillborough Grove, Chatham, Medway ME5 8JA | £3,232 | 99 | 3 | Semi-Detached House |
Local Rents
16 rents from £1.2K/mo to £2K/mo, average is £1.4K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,550 | 06/24 | 0.11 mi | Bromley Close, Chatham, Kent, ME5 | 3 | Terraced House | |
£1,700 | 03/25 | 0.14 mi | - | 3 | Terraced House | |
£2,000 | 12/24 | 0.32 mi | - | 3 | Detached House | |
£1,550 | 01/25 | 0.34 mi | - | 3 | Semi-Detached House | |
£1,550 | 12/24 | 0.35 mi | - | 3 | Terraced House | |
£1,200 | 07/24 | 0.36 mi | Admirals Walk, Lordswood, ME5 | 3 | Flat | |
£1,400 | 05/24 | 0.41 mi | - | 3 | Semi-Detached House | |
£1,400 | 06/24 | 0.42 mi | Sundridge Drive, Walderslade, Chatham, Kent, ME5 | 3 | Terraced House | |
£1,400 | 06/24 | 0.42 mi | Sundridge Drive, Walderslade, Chatham, Kent, ME5 | 3 | Terraced House | |
£1,400 | 07/24 | 0.42 mi | Sundridge Drive, Walderslade, Chatham, Kent, ME5 | 3 | Terraced House | |
£1,400 | 07/24 | 0.42 mi | Sundridge Drive, Walderslade, Chatham, Kent, ME5 | 3 | Terraced House | |
£1,500 | 05/24 | 0.5 mi | Christie Close , Chatham , Kent | 3 | Semi-Detached House | |
£1,400 | 07/24 | 0.51 mi | Sussex Drive, Chatham , Kent | 3 | Semi-Detached House | |
£1,600 | 01/25 | 0.58 mi | - | 3 | Semi-Detached House | |
£1,350 | 05/24 | 0.61 mi | Halifax Close Chatham ME5 | 3 | Terraced House | |
£1,800 | 01/25 | 0.61 mi | - | 3 | Detached House |
Local Area Statistics
Population in ME5 | 51,76451,764 |
Population in Chatham | 82,04482,044 |
Town centre distance | 1.64 miles away1.64 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 2.53 miles away2.53 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +17%+17% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +21%+21% |
Property History
Listed for £180,000
March 28, 2025
Description
- AUCTION SALE +
- 15 April 2025 +
- EPC Rating - C +
- To view: 4/4, 7/4, 10/4, 12/4 at 3pm +
SUMMARY
AUCTION SALE 15 April 2025 - Freehold terrace house
Full vacant possession
DESCRIPTION
Freehold terrace house
Full vacant possession
Video Tour: Click Here
Location:
The property is situated on Ealing Close. Public transport links are well provided with Chatham Railway Station, together with a network of local bus services serving the surrounding vicinity. Shopping amenities can be found locally with a further range of shops, bars and restaurants in Chatham, Rochester and Gillingham. Local recreational pursuits include Lordswood Leisure Centre and Horsted Valley Park and Garden.
Accommodation:
First floor: Three bedrooms, bathroom
Ground floor: Entrance hall, reception room, kitchen/dining room, WC
Outside: Front and rear garden
EPC Rating: C
Council Tax Band: B
To view: 4/4, 7/4, 10/4, 12/4 at 3pm
No booking required - Please arrive at the time stated
Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
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