3 Bed Terraced House, Single Let, Chatham, ME4 5JQ, £240,000

Joiners Court, Shipwrights Avenue, Chatham, Kent, ME4 5JQ - a month ago

BTL
ROI: 6%
~93 m²
+2 photos

ValuationUndervalued

Sold Prices£166K - £320K
Sold Prices/m²£1.9K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.6K/m²

Value Estimate

£277,282
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£15,500

Total Cash In

£75,500

 

 

Cash Out

 

Rent Range

£1,100 - £3,250

Rent Estimate

£1,450

Running Costs/mo

£1,060

Cashflow/mo

£390

Cashflow/yr

£4,680

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £166K to £320K, average is £228K. £1.9K/m² to £4.4K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£255K02/230.05 mi28, Sawyers Court, Chatham, Medway ME4 5JH3
£225K03/210.05 mi24, Sawyers Court, Chatham, Medway ME4 5JH3
£185.5K10/210.12 mi206, Castle Road, Chatham, Medway ME4 5HZ3
£186K09/210.12 mi261, Castle Road, Chatham, Medway ME4 5JA3
£265K08/210.12 mi30, Dagmar Road, Chatham, Medway ME4 5HB3
£245K02/230.13 mi37, Clarence Road, Chatham, Medway ME4 5EH3
£220K11/200.14 mi26, Clarence Road, Chatham, Medway ME4 5EJ3
£202K11/200.15 mi137, Castle Road, Chatham, Medway ME4 5HY3
£195K01/210.15 mi60, Victoria Road, Chatham, Medway ME4 5EU3
£268K06/210.16 mi2, Dagmar Road, Chatham, Medway ME4 5HA3
£265K01/230.16 mi134, Victoria Road, Chatham, Medway ME4 5EL3
£270K02/230.17 mi21, Lawn Close, Chatham, Medway ME4 5DP3
£235K12/230.21 mi37a, Gordon Road, Chatham, Medway ME4 5LU3
£240K11/210.21 mi60, Gordon Road, Chatham, Medway ME4 5LU3
£225K01/240.22 mi43, Chamberlain Road, Chatham, Medway ME4 5HT3
£175K07/230.22 mi160, Symons Avenue, Chatham, Medway ME4 5TT3
£225K06/230.22 mi34, Alexandra Road, Chatham, Medway ME4 5DG3
£200K08/210.22 mi42, Magpie Hall Road, Chatham, Medway ME4 5ND3
£207.5K06/230.22 mi145, Magpie Hall Road, Chatham, Medway ME4 5ND3
£180K02/230.24 mi71, Albany Road, Chatham, Medway ME4 5DN3
£220K02/230.24 mi61, Albany Road, Chatham, Medway ME4 5DN3
£175K11/200.24 mi29, Grove Road, Chatham, Medway ME4 5HS3
£250K09/230.25 mi2, Cobden Road, Chatham, Medway ME4 5HW3
£208K05/210.25 mi132, Glencoe Road, Chatham, Medway ME4 5QF3
£226K09/210.26 mi66, Alexandra Road, Chatham, Kent ME4 5DQ3
£195K11/210.27 mi22, Gordon Road, Chatham, Kent ME4 5LR3
£220K09/230.27 mi64, Edinburgh Road, Chatham, Medway ME4 5BZ3
£260K12/220.27 mi31, Bright Road, Chatham, Medway ME4 5HH3
£232K07/230.28 mi10, Waghorn Street, Chatham, Medway ME4 5LT3
£195K05/210.29 mi15, Albany Road, Chatham, Medway ME4 5DL3
£270K09/210.31 mi26, Ruth Street, Chatham, Medway ME4 5NU3
£268K01/230.31 mi16, Whyman Avenue, Chatham, Medway ME4 5TP3
£235K09/210.32 mi17, Pheasant Road, Chatham, Kent ME4 5AS3
£215K02/230.32 mi20, Pheasant Road, Chatham, Medway ME4 5AS3
£240K10/230.32 mi12, Pheasant Road, Chatham, Medway ME4 5AS3
£230K10/230.32 mi7, Edinburgh Road, Chatham, Medway ME4 5BY3
£185K04/210.33 mi215, Luton Road, Chatham, Medway ME4 5BW3
£247.5K06/230.33 mi286, Luton Road, Chatham, Medway ME4 5BU3
£240K06/210.33 mi265a, Luton Road, Chatham, Medway ME4 5BN3
£245K08/210.34 mi67, White Road, Chatham, Medway ME4 5TJ3
£167K04/210.35 mi66, Glencoe Road, Chatham, Medway ME4 5QE3
£290K03/230.35 mi25, White Road, Chatham, Medway ME4 5UW3
£270K01/230.36 mi38, White Road, Chatham, Medway ME4 5TJ3
£220K02/230.36 mi91, Sturla Road, Chatham, Medway ME4 5QJ3
£320K05/210.37 mi52, Whyman Avenue, Chatham, Kent ME4 5TR3
£280K12/220.37 mi39, Constitution Road, Chatham, Medway ME5 7DN3
£295K12/200.37 mi12, Bracken Lea, Chatham, Medway ME5 0BZ3
£255K02/230.37 mi27, Kitchener Avenue, Chatham, Medway ME4 5XP3
£166K03/240.38 mi28a, East Street, Chatham, Medway ME4 5NJ3
£205K09/230.39 mi58, Melbourne Road, Chatham, Medway ME4 5PB3

Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,10004/250.11 mi-3
£1,45007/240.12 miDagmar Road, Chatham, ME43
£1,35007/240.12 miDagmar Road Chatham ME43
£1,35001/250.12 mi-3
£1,30011/240.13 mi-3
£1,40007/240.16 mi-3
£1,35007/240.18 miGordon Road, Chatham3
£1,35006/240.18 miGordon Road, Chatham, Kent, ME43
£1,27505/240.2 mi-3
£1,50012/240.21 mi-3
£1,70005/240.21 miMagpie Hall Road, Chatham, ME43
£1,70005/240.21 mi-3
£1,30005/240.22 mi-3
£1,25005/240.22 miMagpie Hall Road, Chatham3
£1,34501/250.23 mi-3
£2,10002/250.23 mi-3
£1,35006/240.24 miGrove Road, Chatham, ME43
£1,50007/240.25 miGlenoce Road, Chatham3
£1,30005/240.25 mi-3
£1,35001/250.26 mi-3
£1,40004/250.26 mi-3
£1,35007/240.26 miPortland Street, Chatham3
£3,25001/250.26 mi-3
£3,25004/250.26 mi-3
£1,25005/240.27 miGordon Road, ME43
£1,25004/250.28 mi-3
£1,40002/240.3 mi-3
£1,44001/250.3 mi-3
£1,35004/250.32 mi-3
£1,45005/240.33 miLuton Road, Chatham3
£1,40004/250.36 mi-3
£1,35012/240.36 mi-3
£1,30007/240.36 miSturla Road, Chatham3
£1,30005/240.36 miSturla Road, Chatham3
£1,75004/250.36 mi-3
£1,40002/250.36 mi-3
£1,40004/250.36 mi-3
£1,40001/250.36 mi-3
£1,40001/250.36 mi-3
£1,40001/250.36 mi-3
£1,40004/250.36 mi-3
£1,48007/240.37 mi-3
£1,80012/240.37 mi-3
£1,80003/250.38 mi-3
£1,30007/240.38 miConstitution Road, Chatham3
£1,50004/250.39 mi-3
£1,60304/250.39 mi-3
£1,45007/240.4 mi-3
£1,45007/240.4 miThorold Road, Chatham, ME53
£1,70004/250.4 mi-3

Local Area Statistics

Population in ME4

30,244

Population in Chatham

82,044

Town centre distance

0.38 miles away

Nearest school

0.30 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+17%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £240,000

March 31, 2025

Floor Plans

Description

  • INVESTMENT OPPORTUNITY +
  • To Be Sold With Tenants In Situ +
  • Current Rental - £1450 per month +
  • Three Bedrooms +
  • Front Garden & Rear Garden +
  • Two Reception Rooms +
  • Close To Town Centre +
  • Close To Mainline Train Station +

Offered to the market with tenants in situ is this three bedroom mid-terraced home, which is close to Chatham Town Centre and Mainline Rail Stations.
The property comprises of front and rear gardens, entrance porch, two reception rooms and a kitchen, as well as a family bathroom, downstairs WC and three good sized bedrooms.
This property is currently receiving £1450 per month from the current tenants.

EPC - C
Council Tax - B

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

CHT250112/2

Agent Details

Your Move, Chatham

01634 561125

Next Steps?

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