Wards says ..
HMO investment, sold with current tenants in situ and in great condition. This Victorian terrace house holds a Licence for a House in Multiple Occupation with Medway Council for 5 persons or 5 households. There are 5 rooms, currently rented at a combined income of 2,405 per month. The property is...
Property Oracle says ..
This five-bedroom, one-bathroom terraced house located on Luton Road in Chatham, Kent, presents itself as a potential investment opportunity. The property benefits from its location near good primary schools and several Southeastern train stations, offering convenient access to transport and education. The property’s condition appears fair, although some renovation and modernization may be needed to improve its overall appeal. The interior appears relatively standard in comparison to other nearby properties in the same price range. The inclusion of a small garden is a plus, though it will likely require considerable landscaping work. The list price of £260,000 appears to align reasonably well with other properties in the immediate vicinity of Luton Road. While the lack of precise square footage data prevents a definitive assessment of value per square foot, the property’s rental potential, due to its five bedrooms, might make it attractive to investors seeking a multi-occupancy property.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 5
- Bathrooms
- 1
- Sqft (est)
- 250.00
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Metrics Year-on-Year
- Average area value
- 242,865.00 £Increased by 1.09 %
- Est sale value
- 78,750.00 £Decreased by 4.55 %
- Average area rental value
- 1,329.00 £/moIncreased by 4.98 %
- Est letting value
- 250.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 6.57 %Increased by 3.96 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
Wards created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
All Saints Church Of England Primary School | Academy Converter | Good | 0.40 KM |
All Saints Sure Start Children'S Centre | Children's Centre | 0.43 KM | |
Hospital And Medical Tuition Service | Miscellaneous | 0.55 KM | |
Brompton Academy | Academy Sponsor Led | Good | 0.77 KM |
New Road Primary School | Community School | Good | 0.79 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Seymour Road | £ 203,500 | 0 | 0.00 KM |
Bus Lane | £ 0 | 0 | 0.00 KM |
Castle Road | £ 0 | 0 | 0.00 KM |
Bank Street | £ 110,000 | 0 | 0.00 KM |
Longhill Avenue | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Gillingham (Kent) | 5169 | GLM | 1.78 KM |
Chatham | 5199 | CTM | 1.91 KM |
Rochester | 5203 | RTR | 3.23 KM |
Strood (Kent) | 5191 | SOO | 4.75 KM |
Rainham (Kent) | 5177 | RAI | 8.20 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Luton Road, Chatham, Kent | £ 260,000 | BUY | 5 / 10 | 0.00 KM |
Luton Road, Chatham, Kent, ME4 | £ 267,500 | BUY | 7 / 10 | 0.02 KM |
Henry Street, Chatham, ME4 | £ 280,000 | BUY | Unknown | 0.08 KM |
81 Thorold Road, Chatham, ME5 7DS | £ 125,000 | BUY | 4 / 10 | 0.12 KM |
Seymour Road, Chatham, Kent | £ 220,000 | BUY | 5 / 10 | 0.15 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
175 Luton Road | £ 44,000 | 0.01 KM |
123 Luton Road | £ 100,000 | 0.01 KM |
97 Luton Road | £ 380,000 | 0.01 KM |
107 Luton Road | £ 152,000 | 0.01 KM |
95 Luton Road | £ 100,000 | 0.01 KM |