haart says ..
This three bed terraced property is the perfect investment opportunity for those looking to renovate and modernize a home in the popular residential area of Lords Wood
Property Oracle says ..
This three-bedroom terraced house in Lordswood, Chatham, presents a significant renovation project. Located in a generally desirable residential area with access to local schools and transportation, the property’s main drawback is its current condition. The images show the house to be in need of complete modernization and renovation. The kitchen and bathrooms require complete refitting, walls and flooring need repair or replacement, and cosmetic improvements are needed throughout. The garden is overgrown and requires landscaping. Although the location is appealing and offers family-friendly amenities and transport links, potential buyers must factor the extensive refurbishment costs into their assessment of the property’s overall value. The current listing price reflects the property’s potential rather than its present state. A thorough survey is strongly recommended before purchase to determine potential structural issues and associated expenses. The lack of plot size information makes a precise evaluation difficult, but the presence of a garden, albeit one in need of work, is a notable addition. A realistic sale price should consider the extensive renovation needed, potentially negotiating a lower price reflecting the required investment.
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
- 6
- Condition
- 4
- Location
- 7
- Land
- 5
- Bedrooms
- 3
- Bathrooms
- 1
- Sqft (est)
- 987.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 326,443.00 £Increased by 4.91 %
- Est sale value
- 376,047.00 £Increased by 37.05 %
- Average area rental value
- 1,581.00 £/moIncreased by 24.59 %
- Est letting value
- 987.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.81 %Increased by 18.81 %
- Crime Rate
- 12.00 %Unchanged by 0.00 %
Agent Activity
haart marked this listing as sold.
haart created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
St Benedict'S Catholic Primary School | Voluntary Aided School | Good | 0.74 KM |
Swingate Primary School | Community School | Good | 0.76 KM |
Lordswood Children'S Centre | Children's Centre | 0.79 KM | |
Lordswood School | Academy Sponsor Led | Good | 0.79 KM |
Walderslade Primary School | Academy Converter | Good | 1.46 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Badger Road | £ 350,000 | 0 | 0.00 KM |
Hornbeam Avenue | £ 350,000 | 0 | 0.00 KM |
Norfolk Close | £ 290,000 | 0 | 0.00 KM |
Mayfield Close | £ 0 | 0 | 0.00 KM |
Ascot Close | £ 475,000 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Chatham | 5199 | CTM | 5.51 KM |
Gillingham (Kent) | 5169 | GLM | 6.01 KM |
Maidstone East | 5115 | MDE | 6.50 KM |
Rochester | 5203 | RTR | 6.53 KM |
Maidstone Barracks | 5237 | MDB | 6.85 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Phoenix Road, Chatham | £ 200,000 | BUY | 5 / 10 | 0.00 KM |
Phoenix Road, Chatham, ME5 | £ 350,000 | BUY | 7 / 10 | 0.14 KM |
Phoenix Road, Lords Wood, Chatham, Kent, ME5 | £ 280,000 | BUY | 6 / 10 | 0.15 KM |
Boxley Road, Walderslade, Chatham | £ 1,375,000 | BUY | 7 / 10 | 0.29 KM |
Slade Close, Chatham | £ 290,000 | BUY | 6 / 10 | 0.30 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
6 Rover Road | £ 134,000 | 0.07 KM |
8 Rover Road | £ 128,000 | 0.07 KM |
17 Rover Road | £ 131,000 | 0.09 KM |
43 Rover Road | £ 112,000 | 0.09 KM |
19 Rover Road | £ 210,000 | 0.09 KM |