2 Bed Flat, Single Let, Canterbury, CT1 1GY, £210,000

Realmwood Close, Canterbury, Kent, CT1 1GY - 4 views - 8 months ago

Leasehold
BTL
ROI: 2%
~68 m²
+6 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£244,774
BMV17%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£556 - £2,880

Rent Estimate

£967

Running Costs/mo

£870

Cashflow/mo

£97

Cashflow/yr

£1,168

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £95K to £645K, average is £222.5K. £2.1K/m² to £5.2K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£115K04/210.61 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£645K12/200.89 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£161K09/210.9 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£165K02/211.03 miFlat 17, St. Lawrence Court, St Lawrence Road, Canterbury, Kent CT1 3EY2
£187K02/231.07 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£275K09/211.08 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£208K02/211.13 miFlat 8, Durovernum Court, Old Dover Road, Canterbury, Kent CT1 3DA2
£170K05/231.15 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£288K12/221.18 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£186K07/211.22 mi35, Raymond Avenue, Canterbury, Kent CT1 3JY2
£95K05/231.24 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£225K02/211.24 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K02/211.24 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K09/211.24 mi16, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£280K06/211.28 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£220K11/221.38 mi19, Dextor Close, Canterbury, Kent CT2 7JB2
£181K01/211.38 mi15, Dextor Close, Canterbury, Kent CT2 7JB2
£227K06/231.38 mi21, Dextor Close, Canterbury, Kent CT2 7JB2
£200K11/201.38 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/211.38 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£160K10/221.39 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£230K02/231.39 mi20, Dextor Close, Canterbury, Kent CT2 7JB2
£170K01/231.4 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£157K10/221.41 mi21, Halstead Close, Canterbury, Kent CT2 7UD2
£230K05/211.43 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/211.43 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£290K08/231.45 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£245K12/211.45 mi3, Holters Mill, Canterbury, Kent CT2 8SP2
£220K10/221.46 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£245K02/211.47 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/221.47 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£140K12/211.47 mi85, George Roche Road, Canterbury, Kent CT1 3FF2
£170K07/211.47 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/231.47 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£165K12/201.48 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£175K10/221.48 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£227.5K05/231.49 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£235K10/221.5 mi22, Castle Row, Canterbury, Kent CT1 2QY2
£325K05/231.52 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/201.52 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£200K02/211.53 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£167K11/221.54 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£215K11/201.54 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£230K06/211.55 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/211.55 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/201.55 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/231.55 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£217K01/211.55 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/231.55 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£310K12/211.6 mi44, The Rope Walk, Canterbury, Kent CT1 2FY2

Local Rents

50 rents from £556/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25003/240.12 miTalavera Road, Canterbury, Kent, CT12
£1,30005/240.26 miTalavera Road, Canterbury, CT12
£1,30003/240.39 miCotter Way Canterbury CT12
£1,30003/250.69 mi-2
£1,35003/240.7 miPilgrims Way, Canterbury, Kent, CT12
£1,75004/240.71 miPilgrims Way, Canterbury, Kent, CT12
£1,20003/240.73 miOld Park Avenue, Canterbury2
£71103/240.73 miTennyson Avenue, Canterbury2
£1,95002/240.73 mi-2
£1,85004/240.73 mi-2
£2,88004/240.73 mi-2
£1,35002/240.73 mi-2
£1,30003/240.74 miPilgrims Way, Canterbury, Kent, CT12
£2,80003/240.74 miPilgrims Way, Canterbury, Kent, CT12
£1,15005/240.75 miThe Paddock, Spring Lane, Canterbury2
£1,30004/250.75 mi-2
£1,35004/250.76 mi-2
£1,05004/250.77 mi-2
£1,15003/240.78 miRegency Place, Canterbury2
£1,27503/240.82 miField Avenue, Canterbury2
£1,10003/240.82 miCraddock Road, Canterbury2
£1,04003/240.88 miSturry Road, Canterbury Ref - 31512
£1,20012/230.88 mi-2
£1,20003/240.91 miRiverdale Road, Canterbury2
£1,25005/240.91 miSturry Road, Canterbury2
£1,15003/240.93 miRochester Avenue, Canterbury2
£1,10004/240.95 miNew Dover Road, Canterbury2
£1,10004/240.95 miNew Dover Road, Canterbury2
£1,20003/240.95 miAlbert Road Canterbury CT12
£1,25003/240.97 miLower Chantry Lane, Canterbury2
£1,20003/240.97 miSouth Canterbury2
£1,10004/240.97 miStarle Close, Canterbury, CT12
£1,40003/240.97 miBellflower Mews, Canterbury2
£1,35003/240.99 mi-2
£1,25004/240.99 mi-2
£1,30003/240.99 miNew Dover Road, Canterbury, CT12
£1,40005/241 miWootton Court, 42 New Dover Road, Canterbury2
£1,35004/241 miNew Dover Road, CANTERBURY2
£1,35004/241 miNew Dover Road, Canterbury, CT12
£1,35005/241 miNew Dover Road, Canterbury, CT12
£1,35005/241 mi-2
£1,73301/251.01 mi-2
£1,25004/241.01 miCanterbury2
£1,25005/241.01 miCanterbury2
£1,32505/241.01 miBellflower Mews, Canterbury2
£1,10003/241.02 miRipple Court, Canterbury2
£55602/241.03 mi-2
£1,30003/241.03 miLongport, Canterbury2
£1,35012/241.03 miNew Ruttington Lane, Canterbury2
£1,40003/241.04 miBarton Mill Road, Canterbury, CT12

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

1.12 miles away

Nearest school

0.60 miles away

Nearest train station

1.54 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £210,000

August 21, 2024

Floor Plans

Description

  • Premium two-bedroom flat +
  • Spacious open plan living room/kitchen +
  • Generous-sized bedrooms +
  • Modern, well-maintained bathroom +
  • Neutral colour palette +
  • Rear patio and allocated parking space +
  • Prime location +
  • Ideal for young professionals +
  • Great investment potential +
  • Immediate sale availability +

Presenting a premium two-bedroom flat available for immediate sale. This property boasts a well-appointed open plan living room and kitchen, providing ample space for both relaxation and entertainment.

The two bedrooms are generous in size, offering comfortable and private spaces. The property also includes a well-maintained bathroom, sleek and modern, ensuring the utmost convenience. The entire flat is decorated in a neutral colour palette, allowing potential homeowners the freedom to add their personal touch.

Externally there is a secluded patio accessed via French doors and 1 allocated parking as well as multiple visitor bays.

It's worth noting that the flat's desirable features and prime location make it a highly sought-after proposition to a wide range of buyers, from young professionals seeking a city base to investors looking for a valuable addition to their portfolio.

In conclusion, this flat represents a fantastic purchasing opportunity, offering the perfect blend of space, comfort, and potential. It is a blank canvas waiting for a new owner to transform it into a dream home or a profitable investment. Don't miss out on the chance to view this lovely property.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

CAN240050/2

Agent Details

Your Move, Canterbury

01227 202622

Next Steps?

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