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

Barton Mill Road, Canterbury, Kent, CT1 1GN - 3 views - 8 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+1 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
£161K09/210.15 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£170K05/230.16 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£95K05/230.22 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£288K12/220.22 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
£230K02/230.39 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
£167K11/220.55 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£160K10/220.55 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£230K05/210.57 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.57 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£220K10/220.57 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
£170K05/210.68 mi14, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£200K06/230.68 mi36, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£227.5K05/230.69 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
£170K07/210.72 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.72 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
£215K11/200.93 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 
£1,40003/240.01 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
£1,27505/240.07 miWestwood Drive, Canterbury2
£1,25005/240.12 miSturry Road, Canterbury2
£1,40003/240.13 miWestwood Drive, Canterbury2
£1,40004/240.13 miWestwood Drive, Canterbury2
£2,40001/240.21 mi-2
£2,20005/240.21 mi-2
£1,87502/250.21 mi-2
£1,10004/250.22 mi-2
£1,20004/250.23 mi-2
£1,20003/240.23 miRiverdale Road, Canterbury2
£1,15003/240.25 miRegency Place, Canterbury2
£1,10004/240.25 miStarle Close, Canterbury, CT12
£1,15004/240.3 miNorthgate, Canterbury - Ref 8052
£1,20003/240.36 miOld Park Avenue, Canterbury2
£1,30003/250.36 mi-2
£1,35012/240.37 miNew Ruttington Lane, Canterbury2
£1,10003/240.4 miCraddock Road, Canterbury2
£1,05003/240.4 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
£1,20005/240.46 miFrencham Close Canterbury CT22
£1,20002/240.47 mi-2
£1,10003/240.48 miSt Stephens Road, Canterbury2
£1,04003/240.5 miSturry Road, Canterbury Ref - 31512
£1,30003/240.5 mi2 Bedroom Student Home - Jesuit Close, UKC2
£1,20003/240.53 miThe Spires, CANTERBURY2
£1,20012/230.53 mi-2
£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
£1,20005/240.55 miCanterbury West2
£94003/240.57 miStation Road West, Canterbury - Ref 28282
£1,17504/240.57 mi159 Station Road West, Canterbury, Kent2
£1,05003/240.57 miStation Road West, Canterbury, CT22
£99503/240.57 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

0.71 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

August 21, 2024

Floor Plans

Description

  • Two double bedroom apartment with beautiful river Stour views +
  • Open plan living dining and modern fitted kitchen +
  • Allocated car parking space for one car +
  • Fitted wardrobes in main bedroom +
  • Modern bathroom suite +
  • Close walking distance to station road west +
  • Close to the Riverside development +
  • Excellent first time buy or solid investment +
  • In fantastic condition throughout +
  • No chain above +

Escape to a peaceful urban sanctuary with this stunning 2-bedroom apartment in the heart of Canterbury. Situated on Barton Mill Road, this property offers a fantastic opportunity for first-time buyers, investors, or those simply looking for a comfortable and modern home.

As you step into this delightful apartment, you'll immediately notice the spacious and airy atmosphere, enhanced by the abundance of natural light that floods through the windows. The open plan living and dining area is perfect for entertaining guests or spending quality time with family. The modern fitted kitchen seamlessly blends functionality and style, with sleek countertops, ample storage space, and high-quality appliances.

One of the highlights of this property is the breathtaking view of the River Stour that can be enjoyed from the comfort of your own home. Imagine waking up to the tranquil sight of the river flowing gently by, offering a peaceful respite from the bustling city.

The apartment features two generously sized double bedrooms, both expressing a sense of calm and tranquility. The main bedroom is equipped with fitted wardrobes, providing ample storage space for your clothes and personal belongings.

The modern bathroom suite is tastefully designed, offering a relaxing haven after a long day. With its contemporary fixtures and fittings, you can indulge in a luxurious bubble bath or a refreshing shower at your leisure.

Convenience is a key factor in this property's appeal. You'll find an allocated parking space for your car, ensuring that you never have to worry about parking in this highly sought-after area. The apartment is also within close walking distance to Station Road West, allowing for easy access to public transportation and making commuting a breeze.

The Riverside development, located nearby, offers a vibrant atmosphere with its array of shops, cafes, and riverside walks. Explore the surrounding neighborhood and discover the hidden gems that Canterbury has to offer.

This property represents an excellent opportunity for first-time buyers looking to step onto the property ladder or investors seeking a solid rental investment. The apartment is in fantastic condition throughout, allowing you to move in hassle-free.

Additionally, the absence of a chain above means that the purchasing process can be expedited, saving you time and stress. Don't miss out on the chance to make this stunning apartment your new home or a valuable addition to your property portfolio.

To arrange a viewing or for more information, please contact [Real Estate Agent Name] at [Contact Number] or email [Agent Email Address]. Act quickly, as properties of this caliber rarely stay on the market for long. Don't let this opportunity slip through your fingers!

Lease information

Length of Lease - 108 Years Ground Rent - £300 Per Annum Service Charge - £1371 per 6 months

Agent Details

Regal Estates, Canterbury

01227 763888

Next Steps?

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