2 Bed Flat, Single Let, Canterbury, CT1 2SX, £210,000

Bingley Court, Canterbury, CT1 2SX - 6 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£140K - £325K
Sold Prices/m²£2.1K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£234,521
BMV12%

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

£992 - £2,000

Rent Estimate

£1,006

Running Costs/mo

£877

Cashflow/mo

£129

Cashflow/yr

£1,543

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £140K to £325K, average is £226.3K. £2.1K/m² to £5.2K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£230K01/230.04 mi47, St Andrews Close, Canterbury, Kent CT1 2RT2
£190K06/210.04 mi54, St Andrews Close, Canterbury, Kent CT1 2RT2
£217.5K11/200.04 mi62, St Andrews Close, Canterbury, Kent CT1 2RT2
£220K04/210.04 mi49, St Andrews Close, Canterbury, Kent CT1 2RT2
£220K05/210.06 mi78, Bingley Court, Canterbury, Kent CT1 2SW2
£230K05/210.06 mi66, Bingley Court, Canterbury, Kent CT1 2SW2
£230K03/210.06 mi70, Bingley Court, Canterbury, Kent CT1 2SW2
£230K07/230.06 mi73, Bingley Court, Canterbury, Kent CT1 2SW2
£235K01/230.06 mi65, Bingley Court, Canterbury, Kent CT1 2SW2
£310K12/210.15 mi44, The Rope Walk, Canterbury, Kent CT1 2FY2
£229.9K11/210.15 mi14, The Rope Walk, Canterbury, Kent CT1 2FY2
£235K10/220.23 mi22, Castle Row, Canterbury, Kent CT1 2QY2
£230K06/210.24 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.24 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.24 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.24 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£215K11/200.25 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£290K08/230.31 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£235K09/210.48 mi7, Westerly Mews, Canterbury, Kent CT2 8AQ2
£170K07/210.49 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.49 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£280K06/210.49 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£217K01/210.5 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/230.5 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£168K03/210.52 mi18, City View, Harbledown, Canterbury, Kent CT2 8PT2
£227.5K05/230.55 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£227.5K06/230.55 mi1, Rheims Court, Canterbury, Kent CT2 8LB2
£210K09/210.55 mi7, Homersham, Canterbury, Kent CT1 3RL2
£176.8K01/210.56 mi23, Homersham, Canterbury, Kent CT1 3RL2
£190K06/210.56 mi29a, Homersham, Canterbury, Kent CT1 3RL2
£205K02/230.56 mi35, Mill Lane, Harbledown, Canterbury, Kent CT2 8NE2
£200K02/210.56 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£325K05/230.58 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.58 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£260K01/230.59 mi16, Homersham, Canterbury, Kent CT1 3RG2
£210K05/230.6 mi12, Sullivan Close, Canterbury, Kent CT1 3TF2
£200K11/200.63 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.63 miFlat 6, 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
£215.1K06/210.63 mi16, Scott Avenue, Canterbury, Kent CT1 3RN2
£170K01/230.63 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£140K12/210.66 mi85, George Roche Road, Canterbury, Kent CT1 3FF2
£160K10/220.68 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£230K05/210.7 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.7 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£220K10/220.72 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£225K02/210.73 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K02/210.73 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K09/210.73 mi16, Raymond Avenue, Canterbury, Kent CT1 3JZ2

Local Rents

50 rents from £992/mo to £2K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20003/240.02 mi141 Bingley Court, Canterbury, Kent, CT1 2SX2
£1,30003/240.02 miBingley Court, Canterbury2
£1,40003/240.02 miBingley Court, Canterbury2
£1,20003/240.02 miBingley Court, CANTERBURY2
£99202/250.03 mi-2
£1,40004/250.03 mi-2
£1,40003/240.04 miSt Andrew's Close, Canterbury2
£1,30003/240.04 miBingley Court, Canterbury2
£1,20003/240.04 miSt Andrews Close, CANTERBURY2
£1,32504/240.04 miSt. Andrews Close2
£1,00004/240.04 miSt Andrews Close, Canterbury2
£1,06205/240.04 mi-2
£1,27504/240.05 miBingley Court, Canterbury, CT12
£1,35003/240.06 miBingley Court, Canterbury2
£1,40003/240.06 miBingley Court2
£1,47003/240.13 miThe Rope Walk, Canterbury2
£1,35003/240.14 miCity Wall Avenue, The Old Tannery2
£1,15005/240.16 miGas Street, Canterbury, Kent, CT12
£1,40004/240.17 miTannery Square, CANTERBURY2
£1,15003/240.17 miCanterbury2
£1,25003/240.17 miTannery Square, Canterbury2
£1,20003/240.19 miBack Lane, Canterbury2
£1,20005/240.19 miCreine Mill Lane North, Canterbury, CT12
£1,00004/240.19 miCreine Mill Lane North, Canterbury2
£1,25004/250.19 mi-2
£1,50003/240.2 miStour Street, Canterbury, Kent, CT12
£1,07502/240.21 mi-2
£1,30004/240.21 miGreat Stour Mews, The Old Tannery, Canterbury, Kent, CT12
£1,00003/240.21 miCreine Mill Lane North, Canterbury2
£1,95002/240.22 mi-2
£1,20003/240.23 miTannery Mews, Stour Street, Canterbury, Kent, CT12
£1,39505/240.23 miWaterside Apartments, Stour Street, Canterbury, CT12
£1,40003/240.23 miStour Street, Canterbury, Kent, CT12
£1,10003/240.23 miVictory Court, 7 Gordon Road, Canterbury, CT12
£1,27504/240.23 mi-2
£1,27504/240.23 miCanterbury, Kent, CT12
£1,27503/240.23 miCastle Street, Canterbury, CT12
£1,35001/250.23 mi-2
£1,35004/240.24 miOld Watling Street, CANTERBURY2
£1,30002/240.24 mi-2
£1,30001/250.24 mi-2
£1,05003/240.24 miSt Edmunds Road, Canterbury Ref - 0562
£1,30003/240.24 miHospital Lane, Canterbury2
£1,40004/240.24 miSt. Edmunds Road,Canterbury,CT12
£1,30003/240.24 miHospital Lane, Canterbury2
£2,00004/240.25 mi-2
£1,51704/250.25 mi-2
£1,65004/240.26 miStour Street, Canterbury2
£1,50004/240.26 miLinen Court2
£1,25003/240.28 miOld Watling Street, Canterbury2

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

1.01 miles away

Nearest school

0.30 miles away

Nearest train station

0.24 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

September 16, 2024

Floor Plans

Description

A well presented two double bedroom top floor apartment located in a sought-after development within a few minutes' walk of the city centre. The property is light and spacious throughout and has two balconies, the one to the rear offering beautiful west-facing views over the River Stour. The accommodation comprises an entrance hall, two double bedrooms - the master having an ensuite shower room and balcony - a family bathroom and a large living/kitchen/dining space with doors opening onto the balcony. The property benefits from a parking space within the residents' car park and is offered to the market with no onward chain.

Council Tax Band D.
Ground rent £250p/a
Service charge £2016p/a.

Agent Details

Godwin Curtis Ltd, Canterbury

01227 203903

Next Steps?

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