2 Bed Flat, Single Let, Canterbury, CT1 3AU, £180,000

New Dover Road, Canterbury, Kent, CT1 3AU - a year ago

BTL
ROI: 5%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£115K - £645K
Sold Prices/m²£2.1K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£217,800
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£556 - £2,995

Rent Estimate

£989

Running Costs/mo

£780

Cashflow/mo

£209

Cashflow/yr

£2,504

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £115K to £645K, average is £228.7K. £2.1K/m² to £5.2K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£208K02/210.1 miFlat 8, Durovernum Court, Old Dover Road, Canterbury, Kent CT1 3DA2
£645K12/200.15 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£186K07/210.21 mi35, Raymond Avenue, Canterbury, Kent CT1 3JY2
£225K02/210.22 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K02/210.22 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K09/210.22 mi16, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£280K06/210.3 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£165K02/210.31 miFlat 17, St. Lawrence Court, St Lawrence Road, Canterbury, Kent CT1 3EY2
£115K04/210.44 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£140K12/210.45 mi85, George Roche Road, Canterbury, Kent CT1 3FF2
£235K10/220.57 mi22, Castle Row, Canterbury, Kent CT1 2QY2
£290K08/230.62 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£187K02/230.63 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£310K12/210.71 mi44, The Rope Walk, Canterbury, Kent CT1 2FY2
£229.9K11/210.71 mi14, The Rope Walk, Canterbury, Kent CT1 2FY2
£215K11/200.71 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£230K06/210.71 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.71 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.71 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.71 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£235K01/230.73 mi65, Bingley Court, Canterbury, Kent CT1 2SW2
£220K05/210.74 mi78, Bingley Court, Canterbury, Kent CT1 2SW2
£230K05/210.74 mi66, Bingley Court, Canterbury, Kent CT1 2SW2
£230K03/210.74 mi70, Bingley Court, Canterbury, Kent CT1 2SW2
£230K07/230.74 mi73, Bingley Court, Canterbury, Kent CT1 2SW2
£230K01/230.77 mi47, St Andrews Close, Canterbury, Kent CT1 2RT2
£190K06/210.77 mi54, St Andrews Close, Canterbury, Kent CT1 2RT2
£217.5K11/200.77 mi62, St Andrews Close, Canterbury, Kent CT1 2RT2
£220K04/210.77 mi49, St Andrews Close, Canterbury, Kent CT1 2RT2
£170K07/210.81 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.81 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£200K11/200.82 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.82 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£170K01/230.85 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£227.5K05/230.86 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£160K10/220.87 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£161K09/210.89 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£217K01/210.89 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/230.89 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£245K02/210.9 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/220.9 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£250K10/200.91 miFlat 6, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£200K02/210.91 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£325K05/230.92 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.92 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£230K05/210.92 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.92 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£288K12/220.95 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£220K10/220.96 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£275K09/210.97 mi22, Westwood Drive, Canterbury, Kent CT2 7US2

Local Rents

50 rents from £556/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15004/240 miChaucer Court2
£1,35003/240.05 mi-2
£1,25004/240.05 mi-2
£1,35005/240.1 mi-2
£1,35004/240.1 miNew Dover Road, Canterbury, CT12
£1,35005/240.1 miNew Dover Road, Canterbury, CT12
£1,15005/240.1 miDurovernum Court, Canterbury2
£1,40005/240.14 miWootton Court, 42 New Dover Road, Canterbury2
£1,10004/240.15 miNew Dover Road, Canterbury2
£1,10004/240.15 miNew Dover Road, Canterbury2
£1,30003/240.15 miNew Dover Road, Canterbury, CT12
£1,35004/240.15 miNew Dover Road, CANTERBURY2
£1,20005/240.17 miFlagstaff Court, CANTERBURY2
£1,20003/240.17 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,20003/240.17 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,20004/240.17 miFlagstaff Court, Canterbury, Kent, CT12
£1,20003/240.17 miSouth Canterbury2
£55602/240.19 mi-2
£1,10005/240.19 miOaten Hill, Canterbury - Ref 2182
£1,10005/240.19 miOaten Hill, Canterbury - Ref 2182
£1,10012/240.19 miOaten Hill, Canterbury - Ref 2172
£1,05003/240.2 miRaymond Avenue, Canterbury2
£1,32505/240.21 miBellflower Mews, Canterbury2
£1,73301/250.21 mi-2
£1,25004/240.21 miCanterbury2
£1,25005/240.21 miCanterbury2
£1,40003/240.21 miBellflower Mews, Canterbury2
£1,10003/240.22 miArden Court, Dover Street, Canterbury2
£1,25004/250.23 mi-2
£95003/240.23 miRaymond Avenue, Canterbury2
£1,20003/240.23 miAlbert Road Canterbury CT12
£1,05002/240.24 mi-2
£1,25004/240.25 mi-2
£1,25005/240.25 miProspect Place, Canterbury, CT12
£1,15003/240.26 miRochester Avenue, Canterbury2
£1,17503/240.26 miProspect Place, Canterbury2
£1,25003/240.26 miLower Chantry Lane, Canterbury2
£1,30003/240.27 miIvy Lane (Near City Centre)2
£1,25004/240.27 miPuckle Lane, Canterbury, Kent, CT12
£1,05005/240.27 miOld Dover Road, Canterbury2
£99503/240.28 miIvy Lane, Canterbury, CT12
£95003/240.28 miIvy Lane, Canterbury2
£2,99502/240.29 mi-2
£1,15003/240.29 miLansdown Road, Canterbury2
£1,30003/240.31 miLongport, Canterbury2
£1,37505/240.31 miInvicta Close, CANTERBURY2
£1,95002/240.32 mi-2
£1,85004/240.32 mi-2
£2,88004/240.32 mi-2
£1,35002/240.32 mi-2

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.94 miles away

Nearest school

0.20 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Price changed to £180,000

December 4, 2024

Listed for £190,000

May 25, 2024

Floor Plans

Description

GUIDE PRICE £180,000-£200,000

Mann Countrywide are delighted to bring to the market this fantastic chain free opportunity for both residential buyers and investors. This two bedroom apartment in Chaucer Court offers a well-presented, modern, open plan living room/diner perfect for entertaining as well as a kitchen with ample storage off of the dining space. Both bedrooms are good sized doubles making it perfect for residential and investment buyers. The property also benefits from allocated parking and communal gardens.

Agent Details

Mann, Canterbury

01227 202196

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪