2 Bed Flat, Single Let, Canterbury, CT1 3HE, £325,000

The Pines, Puckle Lane, Canterbury, CT1 3HE - 2 views - 9 months ago

BTL
~83 m²
+8 photos

ValuationOvervalued

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

 

 

Square Metres

~83 m²
Price/m²£3.9K/m²

Value Estimate

£273,264

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£23,700

Total Cash In

£104,950

 

 

Cash Out

 

Rent Range

£556 - £2,995

Rent Estimate

£1,013

Running Costs/mo

£1,238

Cashflow/mo

£-225

Cashflow/yr

£-2,703

Gross Yield

4%

Local Sold Prices

50 sold prices from £115K to £645K, average is £222.5K. £2.1K/m² to £5.2K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£140K12/210.14 mi85, George Roche Road, Canterbury, Kent CT1 3FF2
£225K02/210.15 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K02/210.15 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K09/210.15 mi16, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£186K07/210.18 mi35, Raymond Avenue, Canterbury, Kent CT1 3JY2
£208K02/210.25 miFlat 8, Durovernum Court, Old Dover Road, Canterbury, Kent CT1 3DA2
£280K06/210.25 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£235K10/220.44 mi22, Castle Row, Canterbury, Kent CT1 2QY2
£165K02/210.48 miFlat 17, St. Lawrence Court, St Lawrence Road, Canterbury, Kent CT1 3EY2
£645K12/200.49 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£235K01/230.55 mi65, Bingley Court, Canterbury, Kent CT1 2SW2
£220K05/210.55 mi78, Bingley Court, Canterbury, Kent CT1 2SW2
£230K05/210.55 mi66, Bingley Court, Canterbury, Kent CT1 2SW2
£230K03/210.55 mi70, Bingley Court, Canterbury, Kent CT1 2SW2
£230K07/230.55 mi73, Bingley Court, Canterbury, Kent CT1 2SW2
£230K01/230.57 mi47, St Andrews Close, Canterbury, Kent CT1 2RT2
£190K06/210.57 mi54, St Andrews Close, Canterbury, Kent CT1 2RT2
£217.5K11/200.57 mi62, St Andrews Close, Canterbury, Kent CT1 2RT2
£220K04/210.57 mi49, St Andrews Close, Canterbury, Kent CT1 2RT2
£290K08/230.57 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£310K12/210.58 mi44, The Rope Walk, Canterbury, Kent CT1 2FY2
£229.9K11/210.58 mi14, The Rope Walk, Canterbury, Kent CT1 2FY2
£230K06/210.63 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.63 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.63 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.63 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£215K11/200.63 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£180K10/200.68 mi28, Homersham, Canterbury, Kent CT1 3RG2
£260K01/230.68 mi16, Homersham, Canterbury, Kent CT1 3RG2
£210K09/210.7 mi7, Homersham, Canterbury, Kent CT1 3RL2
£176.8K01/210.7 mi23, Homersham, Canterbury, Kent CT1 3RL2
£190K06/210.7 mi29a, Homersham, Canterbury, Kent CT1 3RL2
£215.1K06/210.71 mi16, Scott Avenue, Canterbury, Kent CT1 3RN2
£210K05/230.75 mi12, Sullivan Close, Canterbury, Kent CT1 3TF2
£115K04/210.77 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£187K02/230.81 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£170K07/210.82 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.82 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£227.5K05/230.89 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£200K11/200.89 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.89 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£225K10/200.89 miFlat 2, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£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
£170K01/230.91 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£250K10/200.93 miFlat 6, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£200K02/210.93 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£325K05/230.94 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.94 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£160K10/220.95 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2

Local Rents

50 rents from £556/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,10003/240.05 miCanterbury2
£1,15003/240.05 miPritchard Court, George Roche Road2
£2,27504/250.06 mi-2
£1,25004/240.07 miPuckle Lane, Canterbury, Kent, CT12
£1,17503/240.09 miProspect Place, Canterbury2
£1,25005/240.09 miProspect Place, Canterbury, CT12
£1,25004/240.09 mi-2
£1,05002/240.1 mi-2
£1,15003/240.11 miGeorge Roche Road, Canterbury2
£1,15003/240.12 miGeorge Roche Road, Canterbury2
£1,40004/240.12 miGeorge Roche Road2
£1,10003/240.14 miGeorge Roche Road, Canterbury2
£1,05003/240.18 miRaymond Avenue, Canterbury2
£95003/240.18 miRaymond Avenue, Canterbury2
£1,25004/250.19 mi-2
£1,15003/240.19 miLansdown Road, Canterbury2
£1,15005/240.25 miDurovernum Court, Canterbury2
£1,10005/240.29 miOaten Hill, Canterbury - Ref 2182
£1,10005/240.29 miOaten Hill, Canterbury - Ref 2182
£1,10012/240.29 miOaten Hill, Canterbury - Ref 2172
£1,20003/240.29 miZealand Road, Canterbury2
£1,15004/240.34 miChaucer Court2
£1,60003/240.35 miRiding Gate, Canterbury2
£1,20005/240.35 miFlagstaff Court, CANTERBURY2
£1,20003/240.35 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,20003/240.35 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,10003/240.36 miArden Court, Dover Street, Canterbury2
£1,20004/240.36 miFlagstaff Court, Canterbury, Kent, CT12
£1,35001/250.37 mi-2
£1,10003/240.37 miVictory Court, 7 Gordon Road, Canterbury, CT12
£2,99502/240.37 mi-2
£1,35005/240.38 mi-2
£1,35004/240.38 miNew Dover Road, Canterbury, CT12
£1,35005/240.38 miNew Dover Road, Canterbury, CT12
£1,35003/240.39 mi-2
£1,25004/240.39 mi-2
£1,10004/240.39 miMartyrs Field Road, Canterbury2
£1,10005/240.39 miMartyrs Field Road, Canterbury2
£1,37505/240.4 miInvicta Close, CANTERBURY2
£1,40005/240.4 miWootton Court, 42 New Dover Road, Canterbury2
£1,35004/240.4 miNew Dover Road, CANTERBURY2
£1,05005/240.41 miOld Dover Road, Canterbury2
£1,30003/240.41 miNew Dover Road, Canterbury, CT12
£1,32505/240.42 miBellflower Mews, Canterbury2
£1,73301/250.42 mi-2
£1,25004/240.42 miCanterbury2
£1,25005/240.42 miCanterbury2
£55602/240.42 mi-2
£1,35003/250.43 mi-2
£1,15003/240.43 miCanterbury2

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

1.13 miles away

Nearest school

0.10 miles away

Nearest train station

0.36 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £325,000

July 16, 2024

Floor Plans

Description

A beautifully presented two bedroom duplex apartment, currently tenanted and located in a prestigious gated development in South Canterbury within walking distance of the city centre and the Kent and Canterbury Hospital. The property, built by respected builder Rogate, is well designed, light and spacious throughout with accommodation comprising a large, dual-aspect living room, kitchen with integrated appliances, entrance hall and WC on the ground floor with two double bedrooms on the first floor with an ensuite shower room and ensuite bathroom respectively. There is a small patio area, with a westerly aspect, accessed via French doors from the living room. The Pines is a small, exclusive development with attractive rendered buildings accommodating individually designed apartments each with a share of the freehold. There are well established communal gardens surrounding the property and the apartment benefits from an allocated space car in a secure, gated parking area.

199 year lease from 1st January 2002
Service Charge £2439 p/a
Council Tax band D

Agent Details

Godwin Curtis Ltd, Canterbury

01227 203903

Next Steps?

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