3 Bed Semi-Detached House, Refurb/BRRR, Chatham, ME5 0AU, £325,000

Maunders Close, Chatham, ME5 0AU - 18 days ago

Refurb/BRRR
ROI: 1%
~93 m²
+5 photos

ValuationOvervalued

Sold Prices£215K - £390K
Sold Prices/m²£2.3K/m² - £6.5K/m²

 

 

Square Metres

~93 m²
Price/m²£3.5K/m²

Value Estimate

£298,051

 

 

End Value (After Refurb)

£325,500

Uplift in Value

+0%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Refurb Costs

£45,600

Bridging Loan Interest

£8,531

Total Cash In

£160,831

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£325,500

Mortgage (After Refinance)

£244,125

Mortgage LTV

75%

Cash Released

£375

Cash Left In

£160,456

Equity

£81,375

Rent Range

£675 - £2,100

Rent Estimate

£1,397

Running Costs/mo

£1,317

Cashflow/mo

£80

Cashflow/yr

£965

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £215K to £390K, average is £267.5K. £2.3K/m² to £6.5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£270K09/210.05 mi65, Crestway, Chatham, Medway ME5 0BD3
£227K12/200.05 mi97, Crestway, Chatham, Medway ME5 0BD3
£300K06/210.09 mi31, Downsview, Chatham, Kent ME5 0AP3
£315K08/210.09 mi47, Downsview, Chatham, Medway ME5 0AP3
£292K06/210.09 mi49, Downsview, Chatham, Medway ME5 0AP3
£270K01/230.09 mi46, Shanklin Close, Chatham, Medway ME5 7QL3
£225K06/210.1 mi127, Crestway, Chatham, Medway ME5 0BH3
£303K05/230.1 mi8, Ash Close, Chatham, Medway ME5 9BL3
£285K12/200.1 mi9, Ash Close, Chatham, Kent ME5 9BL3
£350K12/200.11 mi103, Downsview, Chatham, Medway ME5 0AJ3
£250K07/210.13 mi23, Crestway, Chatham, Medway ME5 0BB3
£260K02/210.13 mi17, Crestway, Chatham, Medway ME5 0BB3
£235K08/210.17 mi121, Ryde Close, Chatham, Medway ME5 7QJ3
£311K01/230.17 mi23, Bankside, Chatham, Medway ME5 0BY3
£295K12/200.18 mi12, Bracken Lea, Chatham, Medway ME5 0BZ3
£240K03/210.19 mi22, Bankside, Chatham, Medway ME5 0BY3
£360K03/230.24 mi35, Fallowfield, Chatham, Medway ME5 0DX3
£250K09/210.28 mi22, Hopewell Drive, Chatham, Medway ME5 7NW3
£285K06/230.28 mi40, Hopewell Drive, Chatham, Medway ME5 7NW3
£310K02/230.29 mi20, Wordsworth Close, Chatham, Medway ME5 7NU3
£245K11/210.29 mi23, Wordsworth Close, Chatham, Medway ME5 7NU3
£258K11/200.32 mi29, Carlton Crescent, Chatham, Medway ME5 7PJ3
£285K11/200.32 mi48, Carlton Crescent, Chatham, Medway ME5 7PJ3
£335K02/230.33 mi55, Carlton Crescent, Chatham, Medway ME5 7PJ3
£312K11/200.34 mi34, Limetree Close, Chatham, Medway ME5 0DR3
£380K07/230.34 mi12, Limetree Close, Chatham, Medway ME5 0DR3
£235K12/200.34 mi15, Hampshire Close, Chatham, Medway ME5 7SG3
£310K08/210.34 mi98, Capstone Road, Chatham, Medway ME5 7PG3
£390K12/220.37 mi2, Carlton Crescent, Chatham, Medway ME5 7PH3
£284K01/210.37 mi12, Carlton Crescent, Chatham, Kent ME5 7PH3
£216K12/200.37 mi18, Vulcan Close, Chatham, Kent ME5 7RR3
£270K02/230.41 mi21, Lawn Close, Chatham, Medway ME4 5DP3
£226K09/210.41 mi66, Alexandra Road, Chatham, Kent ME4 5DQ3
£272K10/210.42 mi4, Barnfield, Chatham, Medway ME5 0HT3
£230K03/210.42 mi22, Barnfield, Chatham, Medway ME5 0HT3
£330K01/230.42 mi34, Sheridan Close, Chatham, Medway ME5 7NS3
£248K05/210.42 mi23, Sheridan Close, Chatham, Medway ME5 7NS3
£235K09/210.42 mi17, Pheasant Road, Chatham, Kent ME4 5AS3
£215K02/230.42 mi20, Pheasant Road, Chatham, Medway ME4 5AS3
£240K10/230.42 mi12, Pheasant Road, Chatham, Medway ME4 5AS3
£257.5K03/210.43 mi5, Roosevelt Avenue, Chatham, Medway ME5 0ET3
£220K09/230.44 mi64, Edinburgh Road, Chatham, Medway ME4 5BZ3
£225K06/230.45 mi34, Alexandra Road, Chatham, Medway ME4 5DG3
£225K03/210.45 mi14, Fisher Road, Chatham, Medway ME5 7RU3
£265K04/210.46 mi16, Montgomery Avenue, Chatham, Medway ME5 0HA3
£320K07/230.46 mi12, Montgomery Avenue, Chatham, Medway ME5 0HA3
£265K01/230.48 mi134, Victoria Road, Chatham, Medway ME4 5EL3
£282K07/230.48 mi139, Churchill Avenue, Chatham, Medway ME5 0DG3
£233K04/210.48 mi99, Churchill Avenue, Chatham, Medway ME5 0DG3
£260K01/210.49 mi38, Churchill Avenue, Chatham, Medway ME5 0DL3

Local Rents

27 rents from £675/mo to £2.1K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45003/250.05 mi-3
£1,80004/250.1 mi-3
£1,70007/240.11 mi-3
£1,45005/240.22 mi-3
£1,25007/240.42 miKings Road Chatham ME53
£1,50005/240.43 miWayfield Road, Chatham, Kent, ME53
£1,60012/240.44 mi-3
£2,10002/250.44 mi-3
£1,25004/250.46 mi-3
£1,35004/250.49 mi-3
£1,40003/240.51 miLuton Road, Chatham, ME43
£67507/240.52 mi-3
£1,30005/240.53 mi-3
£1,70005/240.53 miChatham, ME53
£1,35012/240.54 mi-3
£1,40002/240.55 mi-3
£1,44001/250.55 mi-3
£1,40007/240.56 mi-3
£1,20007/240.56 mi-3
£1,20006/240.56 miCoronation Road, Chatham, ME53
£1,60003/250.57 mi-3
£1,45007/240.58 miDagmar Road, Chatham, ME43
£1,35007/240.58 miDagmar Road Chatham ME43
£1,35001/250.58 mi-3
£1,10004/250.6 mi-3
£1,35006/240.61 miGrove Road, Chatham, ME43
£1,30011/240.62 mi-3

Local Area Statistics

Population in ME5

51,764

Population in Chatham

82,044

Town centre distance

0.67 miles away

Nearest school

0.50 miles away

Nearest train station

1.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+21%

Property History

Listed for £325,000

March 31, 2025

Floor Plans

Description

  • 3 Bedrooms +
  • Semi- detatched +
  • In need of updating +
  • Driveway +
  • 2 Reception rooms +
  • kitchen/ breakfast room +
  • Garage +
  • No forward chain +
  • Ground floor W.C +
  • Cul de sac location +

Nestled in the desirable Maunders Close in Chatham, this charming semi-detached house presents an excellent opportunity for families seeking a spacious and comfortable home to put their own mark on!. Boasting 2 doubles and 1 single bedroom, this property is perfect for those who require ample living space.

Upon entering the entrance porch and hallway, you are greeted by two inviting reception rooms, ideal for both relaxation and entertaining guests. The ground floor also features a convenient WC, enhancing the practicality of the layout. The property benefits from a garage and a driveway, providing ample parking and storage options.

The property boasts a generous size fitted kitchen breakfast room with space for appliances and rear door opening out onto the garden.

On the first floor there are 3 bedrooms and a family bathroom, it also features also a converted loft space via ladder for ample storage.

The paved garden space offers a delightful outdoor area, perfect for enjoying sunny days or hosting family gatherings. With vacant possession, you can move in without delay and start making this house your home.

This property is well-situated, providing easy access to local amenities, schools, and transport links, making it an ideal choice for families and professionals alike. Don’t miss the chance to view this lovely home in a sought-after location.

Flood Risk: Very low Each year, there is a chance of flooding of less than 1 in 1000 (0.1%)
Services: Gas fired central heating, mains drainage and mains electricity.
Average Broadband Speed: Superfast 76mb Ultrafast 1000mb

Agent Details

Hunters, Medway

01634 568173

Next Steps?

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

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