6 Bed HMO, Canterbury, CT2 7TW, £325,000
622 Downs Road, Canterbury, CT2 7TW - 7 months ago
HMO
ROI: 14%
~88 m²





+23 photos
ValuationOvervalued
Sold Prices | £265K - £1.8M |
Sold Prices/m² | £2.3K/m² - £4.3K/m² |
| |
Square Metres | ~87.55 m² |
Price/m² | £3.7K/m² |
Value Estimate | £250,444 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £81,250 |
Stamp Duty & Legal Fees | £23,700 |
Total Cash In | £104,950 |
| |
Cash Out | |
Room Rate | £607 |
Gross Rent | £3,642 |
Running Costs/mo | £2,448 |
Cashflow/mo | £1,194 |
Cashflow/yr | £14,323 |
ROI | 14% |
Gross Yield | 13% |
Local Sold Prices
17 sold prices from £265K to £1.8M, average is £455K. £2.3K/m² to £4.3K/m², average is £2.9K/m².
Local Area Statistics
Population in ct2 | 31,022 |
Population in Canterbury | 65,078 |
Town centre distance | 0.80 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.97 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 £325,000
December 11, 2024
Listed for £365,000
September 27, 2024
Floor Plans

Description
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