Sold STC Flat

3 SULTAN ROAD

CHATHAM, MEDWAY ME5 8TJ

1 beds 1 baths 495 sq ft Listed 10 Jun 2023 (-1099d)

£80,000

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# 1 bedroom flat for sale (ME5 8TJ)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 SULTAN ROAD, CHATHAM, MEDWAY ME5 8TJ |
| Price | £80,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 46 m² |
| Last sold | £78,000 Jun 2024 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 13/06/2033
- **Current heating cost:** £430/year
- **Est. upgrade cost to C:** £1,678

### Recommendations
- C (£15 - £30)
- L2 (£800 - £1,200)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9337-4626-5200-0984-7292)

## Description

We are pleased to offer this WELL PRESENTED one bedroom first floor retirement apartment specifically for the over 55's.

The property briefly comprises entrance hall with a stair lift to the first floor, lounge, bedroom, modern fitted kitchen and shower room.

Externally there are communal gardens and visitors parking to the front.

PLEASE NOTE ALL THE PROPERTIES IN THIS DEVELOPMENT ARE OFFERED ON A 70% SHARED OWNERSHIP BASIS.

**Exterior**

Communal gardens

## Property Photos

- ![Picture No. 02](/listings/photos/135960134/449833) - Picture No. 02
- ![Picture No. 05](/listings/photos/135960134/449834) - Picture No. 05
- ![Picture No. 03](/listings/photos/135960134/449835) - Picture No. 03
- ![Picture No. 04](/listings/photos/135960134/449836) - Picture No. 04
- ![Picture No. 06](/listings/photos/135960134/449837) - Picture No. 06
- ![Picture No. 07](/listings/photos/135960134/449838) - Picture No. 07
- ![Picture No. 08](/listings/photos/135960134/449839) - Picture No. 08
- ![Google Maps Image](/listings/photos/135960134/449840) - Google Maps Image
- ![Picture No. 09](/listings/photos/135960134/449841) - Picture No. 09

## EPC Graphs

- ![EPC](/listings/photos/135960134/449842) - EPC
- ![EPC Rating Graph](/listings/photos/135960134/449843) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £78,000 | 25/06/2024 | Flat |
| 3 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £28,000 | 08/09/2000 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 14 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH | £190,000 | 07/07/2023 | Flat |
| [Same street] 19 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £87,000 | 28/04/2023 | Flat |
| [Same street] 43 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £85,050 | 09/12/2022 | Flat |
| 30 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH | £190,000 | 02/12/2022 | Flat |
| [Same street] 9 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £82,500 | 21/10/2022 | Flat |
| [Same street] 53 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £85,050 | 29/04/2022 | Flat |
| [Same street] 14 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ | £205,000 | 28/03/2022 | Terraced |
| 34 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH | £190,000 | 28/03/2022 | Flat |
| 34 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH | £150,310 | 28/03/2022 | Flat |
| 34 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH | £66,000 | 28/03/2022 | Flat |
| SULTAN MEWS 2 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8BB | £120,000 | 01/02/2022 | Flat |
| 9 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH | £106,750 | 27/09/2021 | Flat |

**Street average:** £108,920 (5 sales)
**Area average:** £144,723 (7 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £209,042 (12 Flat, ME5, 2024–2026)
- **Deviation:** -61.7%

## Rental Range

*ONS Price Index of Private Rents (Medway). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,113/mo
- **Realistic:** £1,237/mo
- **Optimistic:** £1,361/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Medway & Swale (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Mobile Home, Chatham, ME5 | £100/mo | 1 | 0.11 miles | OpenRent |
| 1 Bed Semi-Detached House, Pirbright Close, ME5 | £1,195/mo | 1 | 0.31 miles | OpenRent |
| 1 Bed Semi-Detached House, Autumn Glade, ME5 | £1,350/mo | 1 | 0.39 miles | OpenRent |
| 1 Bed End Terrace, Pinewood Drive, ME5 | £935/mo | 1 | 0.42 miles | OpenRent |
| 1 Bed End Terrace, Pinewood Drive, ME5 | £1,245/mo | 1 | 0.43 miles | OpenRent |
| Studio Flat, Shepperton Close, ME5 | £895/mo | 1 | 0.78 miles | OpenRent |

**Average rent: £953/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 1.33% (strong)
- **Max investor price (0.8%):** £133,125
- **Target investor price (1%):** £106,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,065/mo).*

- **Gross yield:** 16%
- **Cost-to-rent:** 6.3×
- **Monthly cashflow:** £618/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 32%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £1,739/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 66.6%
- **10y growth:** 69.1%

## House Price Index (HM Land Registry)

*Official index for Medway; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -4%
- **5y growth (index):** 3.9%
- **10y growth (index):** 24.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

Picture No. 02 Picture No. 05 Picture No. 03 Picture No. 04 Picture No. 06 Picture No. 07 Picture No. 08 Google Maps Image Picture No. 09

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Property details

Tenure

LEASEHOLD

Floor area

46 m²

Council tax band

EPC rating

Year built

England and Wales: 1983-1990

Last sold

£78,000 Jun 2024

Price per m²

£1,739/m²

Local average

£209,042 (-61.7%)

Deprivation

Decile 5 (13,731 of 33,755)

Street crime

92 incidents within 1 mile (Apr 2026)

Key features

Sold by Robinson Michael & Jackson
One bedroom Maisonette
70% shared ownership
First floor
Stair lift
Modern fitted kitchen
No chain

Additional details

Parking: Yes

Description

We are pleased to offer this WELL PRESENTED one bedroom first floor retirement apartment specifically for the over 55's.

The property briefly comprises entrance hall with a stair lift to the first floor, lounge, bedroom, modern fitted kitchen and shower room.

Externally there are communal gardens and visitors parking to the front.

PLEASE NOTE ALL THE PROPERTIES IN THIS DEVELOPMENT ARE OFFERED ON A 70% SHARED OWNERSHIP BASIS.

Exterior
Communal gardens

Listed by

Walderslade

Robinson Jackson

Reference: 135960134

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 14/06/2023

Expiry date: 13/06/2033

Current heating cost: £430/year

Potential heating cost: £339/year

Est. upgrade cost to C: £1,678

Recommendations

Add additional 80 mm jacket to hot water cylinder (£15 - £30)
High heat retention storage heaters (£800 - £1,200)
Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC

EPC Rating Graph

Price history

179% since 2000

Event	Date	Price	% change
Sold	25/06/2024 (1 year ago)	£78,000	+178.6%
Sold	08/09/2000 (25 years ago)	£28,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
14 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH	£190,000	07/07/2023	Flat
Same street 19 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ	£87,000	28/04/2023	Flat
Same street 43 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ	£85,050	09/12/2022	Flat
30 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH	£190,000	02/12/2022	Flat
Same street 9 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ	£82,500	21/10/2022	Flat
Same street 53 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ	£85,050	29/04/2022	Flat
Same street 14 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8TJ	£205,000	28/03/2022	Terraced
34 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH	£190,000	28/03/2022	Flat
34 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH	£150,310	28/03/2022	Flat
34 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH	£66,000	28/03/2022	Flat
SULTAN MEWS 2 SULTAN ROAD, CHATHAM, MEDWAY, ME5 8BB	£120,000	01/02/2022	Flat
9 TATLER CLOSE, CHATHAM, MEDWAY, ME5 8XH	£106,750	27/09/2021	Flat

Street average: £108,920 (5 sales)

Area average: £144,723 (7 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 66.6%

10y growth 69.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Medway. Series: Flats and maisonettes. As of March 2026.

1y (index) -4%

5y (index) 3.9%

10y (index) 24.5%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: HYDE HOUSING ASSOCIATION LIMITED (IP18195R)

Rental Range

Estimated market rent for Medway. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,113/mo

Realistic £1,237/mo

Optimistic £1,361/mo

Based on Local Authority from postcode lookup → Medway.

LHA (30th percentile) floor for Medway & Swale: £673/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View ME5 8TJ

Address

Sultan Road

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Tesco Express	0.1 miles
Bus stop	The Kestrel Shopping Centre	0.1 miles
Bus stop	Arundel Close	0.2 miles
Shop	Best-one	0.7 miles
Train station	Chatham	3.4 miles
Train station	Rainham	3.6 miles
University	UCA Maidstone Studios	3.7 miles
Hospital	The Somerfield Hospital	4.3 miles
University	University for the Creative Arts, Maidstone TV Studios	4.8 miles

Street-level crime

Category	Count
Anti-social behaviour	35
Violence and sexual offences	28
Criminal damage and arson	8
Other crime	7
Other theft	4
Shoplifting	3
Vehicle crime	3
Possession of weapons	2
Burglary	1
Public order	1
Total incidents	92

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Swingate Primary School	Primary	0.1 miles	Good — 3 Dec 2014
St Benedict's Catholic Primary School	Primary	0.2 miles	Good — 8 Sep 2015
Lordswood School	Primary	0.6 miles	Good — 24 Feb 2019
Walderslade Primary School	Primary	1.0 miles	Good — 8 Jun 2015
Tunbury Primary School	Primary	1.0 miles	Good — 19 Jul 2023

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Mobile Home, Chatham, ME5	£100/mo	1	0.11 miles	OpenRent
1 Bed Semi-Detached House, Pirbright Close, ME5	£1,195/mo	1	0.31 miles	OpenRent
1 Bed Semi-Detached House, Autumn Glade, ME5	£1,350/mo	1	0.39 miles	OpenRent
1 Bed End Terrace, Pinewood Drive, ME5	£935/mo	1	0.42 miles	OpenRent
1 Bed End Terrace, Pinewood Drive, ME5	£1,245/mo	1	0.43 miles	OpenRent
Studio Flat, Shepperton Close, ME5	£895/mo	1	0.78 miles	OpenRent

Average rent: £953/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.33%

Max investor price (0.8%) £133,125

Target investor price (1%) £106,500

Gross yield 16%

Cost-to-rent ratio 6.3×

Monthly cashflow £618/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 32%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).