Grange Hill, Luton, Chatham, ME5 7AH
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Grange Hill, Luton, Chatham, ME5 7AH

By The Property Cloud

£ 190,000

Reviews

3 out of 5 stars

The Property Cloud says ..

WATCH VIDEO TOUR - Great First Time Purchase & Buy to Let Investment opportunity! - 0.8 Miles to Chatham Station & Town Centre as well as 1.9 Miles to Greenwich University ( Medway Campus & 0.4 Miles to Medway Maritime Hospital too. Property boasts 2 Spacious Receptions & Bedrooms with F.F Bathroom

Property Oracle says ..

The property is a 2 bedroom, 1 bathroom terraced house located on Grange Hill, Luton, Chatham, Kent. It has a small garden.

The property appears to be in good condition, though some minor cosmetic updates might enhance its appeal. The interior shows evidence of recent decoration and modernisation in some areas, while others retain a more traditional feel. The kitchen and bathroom are functional but could benefit from some upgrades.

The location is reasonably convenient, with several primary schools within a short distance, including Luton Primary School (Outstanding Ofsted rating). Several Southeastern train stations are also within reach, offering good transport links.

Considering the average price per square foot in the area is £315, and this property is listed at £190,000 with 783.61 sqft, the price seems slightly below average for the area, potentially representing good value. However, this needs to be considered in the context of the smaller plot size (0.00 sqft) compared to other properties in the area. Nearby comparable properties on Grange Hill have sold for between £93,500 and £189,000, indicating some price variation on the street. Other nearby terraced houses have sold for prices ranging from £135,000 to £240,000.

The property benefits from a small, enclosed rear garden, which is a valuable asset, especially in a built-up area like Chatham.

In summary, this property offers a relatively affordable entry point to the Chatham housing market, with convenient access to schools and transport links. While the property is in good condition, some modernisation may be desirable to increase its market value. The list price appears reasonable considering the location and condition, but the lack of plot size should be considered.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
7
Location
7
Land
4
Bedrooms
2
Bathrooms
1
Sqft (est)
783.61

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
272,750.00 £
Decreased by 5.37 %
from 288,223.00 £
Est sale value
319,712.88 £
Increased by 13.97 %
from 280,532.38 £
Average area rental value
1,449.00 £/mo
Increased by 2.04 %
from 1,420.00 £/mo
Est letting value
1,567.22 £/mo
Increased by 100.00 %
from 783.61 £/mo
Est rental Yield
6.38 %
Increased by 7.95 %
from 5.91 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • The Property Cloud marked this listing as sold.

  • The Property Cloud created the listing.

Nearby Schools

NameTypeOfstedDistance
Hospital And Medical Tuition ServiceMiscellaneous0.32 KM
Luton Primary SchoolCommunity SchoolOutstanding0.63 KM
All Saints Church Of England Primary SchoolAcademy ConverterGood0.66 KM
All Saints Sure Start Children'S CentreChildren's Centre0.70 KM
Brompton AcademyAcademy Sponsor LedGood0.72 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bus Lane £ 000.00 KM
Seymour Road £ 203,50000.00 KM
York Hill £ 250,00000.00 KM
Castle Road £ 000.00 KM
Longhill Avenue £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Gillingham (Kent)5169GLM1.57 KM
Chatham5199CTM2.16 KM
Rochester5203RTR3.48 KM
Strood (Kent)5191SOO4.98 KM
Rainham (Kent)5177RAI7.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
Grange Hill, Luton, Chatham, ME5 7AH £ 190,000BUY6 / 100.00 KM
24 Grange Hill, Chatham, ME5 7AH £ 75,000BUY6 / 100.01 KM
24 Grange Hill, Chatham, Kent, ME5 7AH £ 80,000BUY5 / 100.01 KM
Grange Hill, Chatham, Kent £ 135,000BUY3 / 100.01 KM
Grange Hill, CHATHAM £ 75,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
14 Grange Hill £ 71,0000.01 KM
12 Grange Hill £ 165,0000.01 KM
7 Grange Hill £ 45,0000.01 KM
2 Grange Hill £ 125,0000.01 KM
21 Grange Hill £ 93,5000.01 KM