Red Door Homes says ..
**1 BEDROOM FLAT** **FANTASTIC INVESTMENT OPPORTUNITY** **6.35% POTENTIAL YIELD** This ground floor 1 bedroom flat is currently achieving a yield of 5.6%, making this property a phenomenal investment. Buy into the booming rental market now and call , and select option 1 to book a view...
Property Oracle says ..
This one-bedroom, one-bathroom property located on Otway Street in Chatham, Kent, is a terraced house presented in generally acceptable condition. The interior features a relatively simple design, with the kitchen and bathroom showing their age. Although functional, these areas could benefit from some modernisation to enhance their appeal. The images reveal that the property is relatively small. Access to public transport is a plus point, with Chatham railway station within a reasonable distance offering connections to London and other Kent towns. The property is located within reach of a few primary schools, but with differing Ofsted ratings representing a mixture of quality. A lack of details concerning nearby house pricing makes determining the market value of this property challenging. Overall, the property is a viable option for first-time buyers or investors seeking a simple property with proximity to local amenities and transport links, however potential buyers would need to consider a refurbishment budget.
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
- 6
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 337.00
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
- 281,500.00 £Increased by 3.99 %
- Est sale value
- 112,558.00 £Increased by 3.73 %
- Average area rental value
- 1,328.00 £/moIncreased by 4.08 %
- Est letting value
- 337.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 5.66 %Unchanged by 0.00 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Red Door Homes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| New Road Primary School | Community School | Good | 0.18 KM |
| All Saints Church Of England Primary School | Academy Converter | Good | 0.40 KM |
| Phoenix Primary School | Academy Sponsor Led | Requires improvement | 0.42 KM |
| All Saints Sure Start Children'S Centre | Children's Centre | 0.43 KM | |
| Greenvale Primary School | Community School | Good | 0.57 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Glencoe Road | £ 0 | 0 | 0.00 KM |
| Church Street | £ 325,000 | 0 | 0.00 KM |
| Eldon Street | £ 0 | 0 | 0.00 KM |
| Claremont Way | £ 0 | 0 | 0.00 KM |
| Bank Street | £ 110,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Chatham | 5199 | CTM | 1.13 KM |
| Gillingham (Kent) | 5169 | GLM | 2.37 KM |
| Rochester | 5203 | RTR | 2.46 KM |
| Strood (Kent) | 5191 | SOO | 4.03 KM |
| Cuxton | 5201 | CUX | 7.64 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Otway Street, Chatham, Kent | £ 215,000 | BUY | 6 / 10 | 0.03 KM |
| Cromwell Terrace, Chatham | £ 185,000 | BUY | 6 / 10 | 0.07 KM |
| Melbourne Road, Chatham, Kent | £ 260,000 | BUY | Unknown | 0.07 KM |
| Melbourne Road, Chatham, Kent | £ 172,000 | BUY | 7 / 10 | 0.07 KM |
| Otway Street, Chatham, Kent, ME4 | £ 230,000 | BUY | 7 / 10 | 0.08 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21 Otway Street | £ 215,000 | 0.02 KM |
| 22 Otway Street | £ 205,000 | 0.02 KM |
| 35 Otway Street | £ 85,000 | 0.02 KM |
| 13 Otway Street | £ 135,000 | 0.02 KM |
| 30 Otway Street | £ 126,000 | 0.02 KM |