2 Bed Flat, Single Let, Canterbury, CT2 0NW, £170,000

Warren Court, Canterbury, CT2 0NW - 9 months ago

Leasehold
Auction
BTL
ROI: 6%
~59 m²
+8 photos

ValuationUndervalued

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

 

 

Square Metres

~59 m²
Price/m²£2.9K/m²

Value Estimate

£208,651
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£10,600

Total Cash In

£53,100

 

 

Cash Out

 

Rent Range

£975 - £1,650

Rent Estimate

£1,025

Running Costs/mo

£756

Cashflow/mo

£269

Cashflow/yr

£3,225

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £95K to £645K, average is £200K. £2.2K/m² to £5.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£182.5K02/230.18 mi15, River View, Sturry, Canterbury, Kent CT2 0PG2
£108K07/230.42 mi70, Fairview Gardens, Sturry, Canterbury, Kent CT2 0EL2
£228.5K04/230.68 miApartment 1, Oaklands, Staines Hill, Sturry, Canterbury, Kent CT2 0ER2
£175K01/211.52 mi25, Blackthorn Road, Hersden, Canterbury, Kent CT3 4GA2
£153K12/201.52 mi35, Blackthorn Road, Hersden, Canterbury, Kent CT3 4GA2
£174K01/231.52 mi9, Blackthorn Road, Hersden, Canterbury, Kent CT3 4GA2
£170K05/221.53 mi19, Blackthorn Road, Hersden, Canterbury, Kent CT3 4GA2
£157K10/221.54 mi21, Halstead Close, Canterbury, Kent CT2 7UD2
£170K02/231.55 mi4, Blackthorn Road, Hersden, Canterbury, Kent CT3 4GB2
£165K12/201.69 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£175K10/221.69 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£167K11/221.77 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£95K05/231.8 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£161K09/211.84 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£275K09/211.88 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£170K05/231.93 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£288K12/222 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£220K11/222.07 mi19, Dextor Close, Canterbury, Kent CT2 7JB2
£181K01/212.07 mi15, Dextor Close, Canterbury, Kent CT2 7JB2
£227K06/232.07 mi21, Dextor Close, Canterbury, Kent CT2 7JB2
£230K02/232.07 mi20, Dextor Close, Canterbury, Kent CT2 7JB2
£187K02/232.22 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£170K05/212.24 mi14, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£200K06/232.24 mi36, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£245K12/212.25 mi3, Holters Mill, Canterbury, Kent CT2 8SP2
£220K10/222.32 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£160K10/222.32 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£115K04/212.33 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£230K05/212.33 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/212.33 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£200K11/202.36 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/212.36 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£170K01/232.37 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£245K02/212.4 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/222.4 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£325K05/232.46 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/202.46 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£227.5K05/232.47 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£250K10/202.48 miFlat 6, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£200K02/212.48 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£170K07/212.51 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/232.51 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£645K12/202.51 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£225K10/202.53 miFlat 2, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£217K01/212.53 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/232.53 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£290K08/232.67 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£215K11/202.73 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£280K06/212.73 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£208K02/212.73 miFlat 8, Durovernum Court, Old Dover Road, Canterbury, Kent CT1 3DA2

Local Rents

13 rents from £975/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,00004/240 miPark View, Sturry, CANTERBURY2
£1,15003/240.19 miSturry Hill, Canterbury2
£97502/240.32 mi-2
£1,20003/240.46 miHigh Street, Sturry, CT22
£1,65012/240.53 mi-2
£1,25003/240.54 mi-2
£1,25003/240.54 miFordwich Road, Sturry, Canterbury, CT22
£1,15005/240.6 miFordwich Road, Sturry, Canterbury2
£1,55003/251.03 mi-2
£1,27503/241.16 miField Avenue, Canterbury2
£1,35003/251.18 mi-2
£1,05003/251.22 mi-2
£1,30003/251.24 mi-2

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

1.96 miles away

Nearest school

0.30 miles away

Nearest train station

0.33 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+59%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Price changed to £170,000

February 28, 2025

Price changed to £175,000

February 4, 2025

Price changed to £220,000

November 30, 2024

Listed for £235,000

July 29, 2024

Floor Plans

Description

  • Well presented apartment +
  • Two bedrooms +
  • Modern kitchen & bathroom +
  • Village location +
  • Close To Canterbury city centre +
  • Allocated parking +
  • Communal gardens +
  • Chain Free +
  • Vacant Possession & Chain Free +

Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £170,000

INTERIOR

Located in a lovely residential area in Sturry, this beautifully presented and spacious two-bedroom apartment offers an inviting open-plan kitchen, living, and dining area, perfect for entertaining. The property boasts a generously sized master bedroom and a comfortable second bedroom, ideal for guests, children, or setup as a home office. There is also a good-sized, modern bathroom; and the entire apartment is neutrally decorated throughout, meaning it's ready to move into right away!

EXTERIOR

This property benefits from a lovely communal garden, perfect for relaxing outdoors, and an allocated parking space. There are also plenty of visitor bays and a dedicated bike store.

LOCATION

This fantastic apartment is located in the picturesque village of Sturry, only a short 10 minute drive to Canterbury city centre and its world famous cathedral. Ideal for commuters, it is only a 5 minute walk from Sturry railway station, with High Speed trains to London St Pancras in just 1 hour and 15 minutes. The Kent countryside is also right on your doorstep, with easy access to the River Stour and the North Kent Coast.

TENURE, MAINTANENCE & MORE

This property is sold leasehold with a 117 year lease. The current service charge is £1,437 per year and there is a ground rent of £250 per year. It is council tax band B. 

LOUNGE/KITCHEN/DINER 23' 11" x 11' 5" (7.29m x 3.48m)  

BEDROOM 12' 6" x 10' 2" (3.81m x 3.1m)  

BEDROOM 9' 8" x 7' 5" (2.95m x 2.26m)  

BATHROOM 6' 8" x 6' 4" (2.03m x 1.93m)

Agent Details

Martin & Co, Canterbury

01227 532521

Next Steps?

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