2 Bed Flat, Single Let, Canterbury, CT1 1XE, £165,000

Starle Close, Canterbury, Kent, CT1 1XE - 1 views - 10 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£95K - £645K
Sold Prices/m²£2.1K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£206,250
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£845 - £2,400

Rent Estimate

£985

Running Costs/mo

£733

Cashflow/mo

£252

Cashflow/yr

£3,029

ROI

6%

Gross Yield

7%

Local Sold Prices

48 sold prices from £95K to £645K, average is £223.5K. £2.1K/m² to £5.2K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£161K09/210.1 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£275K09/210.15 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£170K05/230.2 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£288K12/220.22 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£187K02/230.29 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£95K05/230.36 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£220K11/220.42 mi19, Dextor Close, Canterbury, Kent CT2 7JB2
£181K01/210.42 mi15, Dextor Close, Canterbury, Kent CT2 7JB2
£227K06/230.42 mi21, Dextor Close, Canterbury, Kent CT2 7JB2
£230K02/230.43 mi20, Dextor Close, Canterbury, Kent CT2 7JB2
£160K10/220.48 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£200K11/200.5 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.5 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£245K12/210.51 mi3, Holters Mill, Canterbury, Kent CT2 8SP2
£170K01/230.51 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£230K05/210.51 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.51 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£220K10/220.53 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£245K02/210.56 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/220.56 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£227.5K05/230.61 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£170K07/210.63 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.63 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£325K05/230.63 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.63 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£200K02/210.65 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£165K12/200.66 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£175K10/220.66 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£217K01/210.68 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/230.68 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£157K10/220.69 mi21, Halstead Close, Canterbury, Kent CT2 7UD2
£167K11/220.69 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£170K05/210.73 mi14, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£200K06/230.73 mi36, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£290K08/230.75 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£645K12/200.78 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£115K04/210.8 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£215K11/200.81 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£230K06/210.82 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.82 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.82 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.82 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£280K06/210.83 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£235K10/220.88 mi22, Castle Row, Canterbury, Kent CT1 2QY2
£310K12/210.91 mi44, The Rope Walk, Canterbury, Kent CT1 2FY2
£229.9K11/210.91 mi14, The Rope Walk, Canterbury, Kent CT1 2FY2
£208K02/210.93 miFlat 8, Durovernum Court, Old Dover Road, Canterbury, Kent CT1 3DA2
£235K09/210.94 mi7, Westerly Mews, Canterbury, Kent CT2 8AQ2

Local Rents

50 rents from £845/mo to £2.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10004/240.08 miStarle Close, Canterbury, CT12
£1,40003/240.16 miWestwood Drive, Canterbury2
£1,40004/240.16 miWestwood Drive, Canterbury2
£1,15004/240.17 miNorthgate, Canterbury - Ref 8052
£1,27505/240.17 miWestwood Drive, Canterbury2
£1,40003/240.18 miBarton Mill Road, Canterbury, CT12
£1,10003/240.19 miRipple Court, Canterbury2
£1,15003/240.19 miRegency Place, Canterbury2
£1,35004/240.21 miWaters Edge, Canterbury2
£1,35012/240.21 miNew Ruttington Lane, Canterbury2
£1,20003/240.21 miWaters Edge, Canterbury, CT12
£1,25005/240.21 miSturry Road, Canterbury2
£1,35004/250.22 mi-2
£1,10003/240.23 miCraddock Road, Canterbury2
£1,20005/250.25 mi-2
£1,30003/240.27 mi15 Artillery Street (Near City Centre)2
£1,20003/240.31 mi2 Bedroom Student Home - City Centre2
£1,20003/240.31 miVictoria Yard, Canterbury2
£1,05004/240.32 miNorthgate, Canterbury Ref - 12112
£84503/240.33 miNorthgate Canterbury - Ref 10142
£1,20002/240.34 mi-2
£1,20003/240.34 miRiverdale Road, Canterbury2
£1,10004/250.36 mi-2
£2,40001/240.37 mi-2
£2,20005/240.37 mi-2
£1,87502/250.37 mi-2
£1,30003/250.38 mi-2
£1,20003/240.4 miOld Park Avenue, Canterbury2
£1,10003/240.42 miSt Stephens Road, Canterbury2
£1,50003/240.46 mi21a Palace Street, Canterbury2
£97504/240.49 miMill Lane, Canterbury2
£1,17504/240.5 mi159 Station Road West, Canterbury, Kent2
£1,20003/240.51 miThe Spires, CANTERBURY2
£1,10003/240.51 miThe Spires - Ref 9542
£1,15004/240.51 miHolters Mill, Canterbury - Ref 5572
£1,15003/240.51 miThe Spires, Canterbury2
£1,15005/240.51 miThe Spires, Canterbury2
£1,20003/240.51 miThe Spires, Canterbury2
£1,05003/240.52 miStation Road West, Canterbury, CT22
£99503/240.52 miStation Road West, Canterbury2
£1,20005/240.52 miCanterbury West2
£94003/240.52 miStation Road West, Canterbury - Ref 28282
£1,20003/240.53 miTurnagain Lane, Canterbury2
£1,20003/240.53 miFlat 2, 4 Turnagain Lane, Canterbury2
£1,10004/240.53 miCanterbury2
£1,15003/240.54 miStation Road West, Canterbury2
£1,15004/240.54 miStation Road West, Canterbury2
£1,20004/240.54 miChurch Street, Canterbury2
£1,20001/250.54 mi-2
£1,20003/240.54 miStation Road West, Canterbury, CT22

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.17 miles away

Nearest school

0.30 miles away

Nearest train station

0.65 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £165,000

July 9, 2024

Floor Plans

Description

  • Spacious second floor apartment with a balcony +
  • Walking distance to the city centre and supermarkets +
  • Excellent investment opportunity +
  • Offered for sale with no onward chain +
  • Outside storage shed and communal garden +

Offered for sale with no onward chain this spacious second floor flat requires no work to be done and would be perfect for a first time buyer or an investor.

Room sizes:

  • Entrance Hallway
  • Bedroom 1: 12'8 x 8'8 (3.86m x 2.64m)
  • Bedroom 2: 12'6 x 10'5 (3.81m x 3.18m)
  • Lounge: 12'6 x 12'5 (3.81m x 3.79m)
  • Kitchen/Diner: 18'9 x 10'8 (5.72m x 3.25m)
  • Shower Room
  • Shed
  • Communal Garden  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Canterbury

01227 202630

Next Steps?

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