3 Mill Road, Rochester - ME2 3BS

Guide Price: £230,000

Beds: 3
Type: Terraced
Tenure: Freehold

Property Details

Auction House Essex & Kent describes this property as:

A FREEHOLD THREE BEDROOM TERRACE HOUSE CURRENTLY LET WITH A RENT PAYABLE OF £1,000 pcm THUS PRODUCING £12,000 PER ANNUM WHICH WOULD DELIVER A YIELD OF 5.2% IF PURCHASED AT GUIDE. A freehold three bedroom terrace house let on a 24 Month Assured Short-Hold Tenancy Agreement from 03/12/2016, thus rolling over, currently producing £1,000 per calendar month. The landlord confirms no arrears or late pa...

Auction Details

Auctioneer:
Auction House Essex & Kent
Auction date:
- 25 May 2022
Venue:

For viewings, biddings or more information:

Go to the Auction House Essex & Kent Website

Local Market Data

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The following data is based on a Freehold 3 bedroom Terraced. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average sold price:

£259,475

Average asking price:

£297,500

Average price per sq/ft:

£311
Date Price Address Distance (miles)
29 Oct 2021 £355,000 4, Lyle Close, ME2 3DF 0.13
08 Oct 2021 £325,000 96, Station Road, Strood, ME2 4BT 0.13
27 Sep 2021 £277,250 9, Prospect Avenue, ME2 3BZ 0.03
17 Sep 2021 £260,000 26, Cecil Avenue, ME2 3EA 0.16
27 Aug 2021 £345,000 13, Powlett Road, ME2 4RD 0.19
10 Aug 2021 £298,000 60, Windmill Street, ME2 3XH 0.18
30 Jul 2021 £225,000 29, Slatin Road, ME2 3AU 0.22
03 Jun 2021 £223,000 8, West Street, ME2 3XG 0.20
16 Apr 2021 £315,000 33, Ravenswood Avenue, ME2 3BY 0.11
16 Apr 2021 £230,000 24, Cecil Avenue, ME2 3EA 0.16
13 Apr 2021 £270,000 34, Cranmere Court, Strood, ME2 4SF 0.23
12 Apr 2021 £286,500 15, Mill Road, ME2 3BS 0.01
30 Mar 2021 £219,000 18, Hone Street, ME2 3AF 0.22
18 Mar 2021 £245,000 42, Prospect Avenue, ME2 3BZ 0.09
15 Mar 2021 £223,000 31, Slatin Road, ME2 3AU 0.22
26 Feb 2021 £205,000 145, Frindsbury Road, Strood, ME2 4JD 0.21
05 Feb 2021 £220,000 4, Kitchener Road, ME2 3AJ 0.22
26 Jan 2021 £280,000 11, Powlett Road, ME2 4RD 0.19
05 Jan 2021 £220,000 30, Kitchener Road, ME2 3AP 0.23
20 Nov 2020 £305,000 14, Dongola Road, ME2 3AX 0.21

The following data is based on a Freehold 3 bedroom Terraced. This data is derived and aggregated from public sources and to be used as a guide not an authority. Please let us know if you spot any anomalies.

Average weekly rental: £263

Average yield: 4.6%

Weekly Rent Bedrooms Property Type distance (miles)
£300 3 terraced_house 1.30
£254 3 terraced_house 1.38
£277 3 terraced_house 1.62
£299 3 terraced_house 1.66
£288 3 terraced_house 1.68
£265 3 terraced_house 1.72
£277 3 terraced_house 2.04
£213 3 terraced_house 2.13
£196 3 terraced_house 2.16
£254 3 terraced_house 2.16
£265 3 terraced_house 2.22
£213 3 terraced_house 2.30
£254 3 terraced_house 2.30
£219 3 terraced_house 2.35
£213 3 terraced_house 2.43
£277 3 terraced_house 2.44
£219 3 terraced_house 2.60
£288 3 terraced_house 2.64
£288 3 terraced_house 2.83
£317 3 terraced_house 2.95