2 Bed Flat, Single Let, Chatham, ME4 4ZH, £190,000
Marina Point East, The Quays, Dock Head Road, Chatham, Kent. ME4 4ZH - 3 views - 6 months ago
Sold STC
Leasehold
BTL
ROI: 9%
~68 m²





+4 photos
ValuationUndervalued
Sold Prices | £130K - £293K |
Sold Prices/m² | £2.5K/m² - £5.9K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.8K/m² |
Value Estimate | £231,800 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £47,500 |
Stamp Duty & Legal Fees | £6,900 |
Total Cash In | £54,400 |
| |
Cash Out | |
Rent Range | £1,250 - £1,850 |
Rent Estimate | £1,259 |
Running Costs/mo | £866 |
Cashflow/mo | £393 |
Cashflow/yr | £4,721 |
ROI | 9% |
Gross Yield | 8% |
Local Sold Prices
22 sold prices from £130K to £293K, average is £208.8K. £2.5K/m² to £5.9K/m², average is £3.6K/m².
Local Rents
40 rents from £1.3K/mo to £1.9K/mo, average is £1.4K/mo.
Local Area Statistics
Population in ME4 | 30,244 |
Population in Chatham | 82,044 |
Town centre distance | 2.40 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 1.28 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +17% |
Sales demand | Balanced market |
Capital growth (5yrs) | +18% |
Property History
Listed for £190,000
October 1, 2024
Floor Plans

Description
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