2 Bed Flat, Single Let, Canterbury, CT1 1GN, £200,000

Barton Mill Road, Canterbury, Kent, CT1 1GN - 3 views - a year ago

Leasehold
BTL
ROI: 3%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£95K - £645K
Sold Prices/m²£2.2K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£244,774
BMV22%

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

£845 - £2,550

Rent Estimate

£990

Running Costs/mo

£843

Cashflow/mo

£147

Cashflow/yr

£1,764

ROI

3%

Gross Yield

6%

Local Sold Prices

44 sold prices from £95K to £645K, average is £220K. £2.2K/m² to £5.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£275K09/210.09 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£161K09/210.14 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£170K05/230.16 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£95K05/230.23 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£288K12/220.23 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£220K11/220.39 mi19, Dextor Close, Canterbury, Kent CT2 7JB2
£181K01/210.39 mi15, Dextor Close, Canterbury, Kent CT2 7JB2
£227K06/230.39 mi21, Dextor Close, Canterbury, Kent CT2 7JB2
£230K02/230.4 mi20, Dextor Close, Canterbury, Kent CT2 7JB2
£187K02/230.44 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£165K12/200.51 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£175K10/220.51 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£157K10/220.52 mi21, Halstead Close, Canterbury, Kent CT2 7UD2
£245K12/210.53 mi3, Holters Mill, Canterbury, Kent CT2 8SP2
£160K10/220.55 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£167K11/220.55 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£230K05/210.57 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.57 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£220K10/220.58 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£200K11/200.58 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.58 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£170K01/230.59 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£245K02/210.63 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/220.63 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£170K05/210.69 mi14, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£200K06/230.69 mi36, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£227.5K05/230.7 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£325K05/230.7 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.7 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£250K10/200.72 miFlat 6, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£200K02/210.72 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£170K07/210.73 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.73 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£217K01/210.76 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/230.76 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£290K08/230.88 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£215K11/200.94 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£230K06/210.94 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.94 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.94 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.94 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£115K04/210.95 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£645K12/200.95 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£280K06/211 mi6, Holman Mews, Canterbury, Kent CT1 3JE2

Local Rents

50 rents from £845/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40003/240.02 miBarton Mill Road, Canterbury, CT12
£1,10003/240.02 miRipple Court, Canterbury2
£1,35004/240.04 miWaters Edge, Canterbury2
£1,20003/240.04 miWaters Edge, Canterbury, CT12
£1,27505/240.08 miWestwood Drive, Canterbury2
£1,25005/240.12 miSturry Road, Canterbury2
£1,40003/240.14 miWestwood Drive, Canterbury2
£1,40004/240.14 miWestwood Drive, Canterbury2
£2,40001/240.22 mi-2
£2,20005/240.22 mi-2
£1,87502/250.22 mi-2
£1,20003/240.23 miRiverdale Road, Canterbury2
£1,10004/250.23 mi-2
£1,20004/250.23 mi-2
£1,15003/240.25 miRegency Place, Canterbury2
£1,10004/240.25 miStarle Close, Canterbury, CT12
£1,15004/240.3 miNorthgate, Canterbury - Ref 8052
£1,20003/240.35 miOld Park Avenue, Canterbury2
£1,30003/250.35 mi-2
£1,35012/240.36 miNew Ruttington Lane, Canterbury2
£1,10003/240.4 miCraddock Road, Canterbury2
£1,05003/240.41 miUlcombe Gardens, Canterbury2
£1,30003/240.42 mi15 Artillery Street (Near City Centre)2
£1,05004/240.45 miNorthgate, Canterbury Ref - 12112
£84503/240.46 miNorthgate Canterbury - Ref 10142
£1,20003/240.46 miVictoria Yard, Canterbury2
£1,20003/240.46 mi2 Bedroom Student Home - City Centre2
£1,20002/240.47 mi-2
£1,20005/240.47 miFrencham Close Canterbury CT22
£1,10003/240.48 miSt Stephens Road, Canterbury2
£1,04003/240.5 miSturry Road, Canterbury Ref - 31512
£1,30003/240.51 mi2 Bedroom Student Home - Jesuit Close, UKC2
£1,20012/230.53 mi-2
£1,20003/240.53 miThe Spires, CANTERBURY2
£2,55004/250.55 mi-2
£1,15003/240.55 miThe Spires, Canterbury2
£1,15005/240.55 miThe Spires, Canterbury2
£1,20003/240.55 miThe Spires, Canterbury2
£1,10003/240.55 miThe Spires - Ref 9542
£1,15004/240.55 miHolters Mill, Canterbury - Ref 5572
£1,20005/240.56 miCanterbury West2
£94003/240.57 miStation Road West, Canterbury - Ref 28282
£1,17504/240.57 mi159 Station Road West, Canterbury, Kent2
£1,05003/240.58 miStation Road West, Canterbury, CT22
£99503/240.58 miStation Road West, Canterbury2
£1,15003/240.58 miStation Road West, Canterbury2
£1,15004/240.58 miStation Road West, Canterbury2
£1,30004/240.59 mi-2
£1,30001/250.59 mi-2
£1,20003/240.59 miStation Road West, Canterbury, CT22

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.18 miles away

Nearest school

0.40 miles away

Nearest train station

0.72 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

May 13, 2024

Floor Plans

Description

  • Ground floor apartment close to the City centre +
  • Two bedrooms and two bathrooms +
  • Allocated parking space +
  • Balcony +
  • Newly refurbished and fully fitted kitchen and open plan living and dining area +
  • Modern bathroom and ensuite +
  • In immaculate condition throughout +
  • No chain above +
  • EPC C +
  • Council tax band D +

Regal Estates are delighted to offer for sale this beautiful fully refurbished two bedroom apartment locate close to the City centre. The apartment benefits from having an allocated car parking space and there is also a balcony to the front. There is a stylish and modern fully fitted kitchen and a lovely open plan lounge and dining area. There are two bedrooms and the main bedroom has fitted wardrobes and a modern en-suite facility. Finally there is also a modern family bathroom. This property could be both a excellent first time purchase and investment. In conclusion this is a " turn key" apartment and with the benefit of parking and a balcony a must buy, you also casually stroll along the river into the City centre with all its shops and restuarants. Canterbury Station road West and its fast links to London is also just a short distance away.

Lease information ( To be confirmed with your conveyancer)

109 Years remaining on the Lease Service Charge £1371 per 6 months GR- £300 Per annum

Lounge/kitchen and dining area 21' x 21' max Bedroom 1 13'8 x 12'2 Bedroom 2 13'8 x 7' Bathroom 7'7 x 7' Balcony

Agent Details

Regal Estates, Canterbury

01227 763888

Next Steps?

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