# 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:** 48.7%
- **10y growth:** 71.1%

## 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)