2 Bed Flat, Single Let, Canterbury, CT1 3EF, £200,000

Pritchard Court, George Roche Road, Canterbury, CT1 3EF - 2 views - a year ago

Sold STC
Leasehold
BTL
ROI: 4%
~58 m²
+18 photos

ValuationOvervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£950 - £2,995

Rent Estimate

£1,038

Running Costs/mo

£853

Cashflow/mo

£185

Cashflow/yr

£2,225

ROI

4%

Gross Yield

6%













Local Rents

50 rents from £950/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15003/240.01 miPritchard Court, George Roche Road2
£1,10003/240.01 miCanterbury2
£1,15003/240.06 miGeorge Roche Road, Canterbury2
£1,15003/240.07 miGeorge Roche Road, Canterbury2
£1,40004/240.07 miGeorge Roche Road2
£1,10003/240.08 miGeorge Roche Road, Canterbury2
£1,25004/240.11 miPuckle Lane, Canterbury, Kent, CT12
£1,17503/240.14 miProspect Place, Canterbury2
£1,25005/240.14 miProspect Place, Canterbury, CT12
£1,25004/240.14 mi-2
£1,05002/240.15 mi-2
£95003/240.21 miRaymond Avenue, Canterbury2
£1,25003/250.21 mi-2
£1,05003/240.21 miRaymond Avenue, Canterbury2
£1,15003/240.24 miLansdown Road, Canterbury2
£1,20003/240.27 miZealand Road, Canterbury2
£1,15005/240.29 miDurovernum Court, Canterbury2
£1,10005/240.35 miOaten Hill, Canterbury - Ref 2182
£1,10005/240.35 miOaten Hill, Canterbury - Ref 2182
£1,10012/240.35 miOaten Hill, Canterbury - Ref 2172
£1,10004/240.38 miMartyrs Field Road, Canterbury2
£1,10005/240.38 miMartyrs Field Road, Canterbury2
£1,35001/250.38 mi-2
£1,10003/240.38 miVictory Court, 7 Gordon Road, Canterbury, CT12
£1,15004/240.38 miChaucer Court2
£1,60003/240.4 miRiding Gate, Canterbury2
£1,37505/240.41 miInvicta Close, CANTERBURY2
£1,20005/240.41 miFlagstaff Court, CANTERBURY2
£1,20003/240.41 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,20003/240.41 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,10003/240.42 miArden Court, Dover Street, Canterbury2
£1,20004/240.42 miFlagstaff Court, Canterbury, Kent, CT12
£1,35005/240.42 mi-2
£1,35004/240.42 miNew Dover Road, Canterbury, CT12
£1,35005/240.42 miNew Dover Road, Canterbury, CT12
£1,05005/240.42 miOld Dover Road, Canterbury2
£2,99502/240.43 mi-2
£1,35003/240.43 mi-2
£1,25004/240.43 mi-2
£1,40005/240.43 miWootton Court, 42 New Dover Road, Canterbury2
£1,35004/240.43 miNew Dover Road, CANTERBURY2
£1,30003/240.44 miNew Dover Road, Canterbury, CT12
£1,32505/240.45 miBellflower Mews, Canterbury2
£1,15003/240.45 miCanterbury2
£1,25004/240.45 miCanterbury2
£1,25005/240.45 miCanterbury2
£1,73301/250.45 mi-2
£1,20003/240.47 miSouth Canterbury2
£1,35003/250.47 mi-2
£1,15001/250.47 mi-2

Local Area Statistics

Population in CT1

29,688

Population in Canterbury

65,078

Town centre distance

1.18 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £200,000

November 11, 2023

Floor Plans

Description

  • No onward chain +
  • Spacious living area +
  • Two double bedrooms +
  • En-suite shower room & separate bathroom +
  • Permit parking +
  • Excellent transport links +

* Guide Price £200,000 - £230,000 *

Mann Canterbury are delighted to bring to the sales market this modern ground floor apartment that provides convenience and practicality.
The apartment boasts an open-plan lounge/diner, a versatile space that comfortably accommodates both a dining set and a plush sofa, allowing the room to be arranged in the multiple ways. The kitchenette, neatly tucked at the end of the lounge/diner has a great amount of storage for all of the essentials. As well as this, there are two spacious storage cupboards in the hallway which provide a practical touch, ensuring a clutter-free living space.
The good-sized master boasts an en-suite shower room, ensuring privacy and ease in your daily routine. The size of the second bedroom also allows for versatility as it can be used as both a guest room and an office.

Convenience extends beyond the apartment itself with permit parking for one car, a valuable asset in the city. The long lease adds a layer of security to your investment. Situated within walking distance to Canterbury city centre and both main train stations, with a bus stop just outside the development, this residence would make the perfect property for both a local person or investor.

Agent Details

Mann, Canterbury

01227 202196

Next Steps?

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