3 Bed Terraced House, Planning Permission, Canterbury, CT1 1DZ, £250,000

Forrester Close, Canterbury, CT1 1DZ - 7 months ago

Sold STC
Planning
~93 m²
+12 photos

ValuationUndervalued

Sold Prices£192.5K - £520K
Sold Prices/m²£2.4K/m² - £6K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£305,746
BMV22%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Refurb Costs

£41,216

Total Cash In

£123,009

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Rent Range

£420 - £3,000

Rent Estimate

£734

Running Costs/mo

£948

Cashflow/mo

£-214

Cashflow/yr

£-2,569

Gross Yield

4%

Local Sold Prices

50 sold prices from £192.5K to £520K, average is £265K. £2.4K/m² to £6K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£265K03/230.1 mi15, Forrester Close, Canterbury, Kent CT1 1DY3
£232.5K05/230.16 mi12, South Street, Canterbury, Kent CT1 1EA3
£235K11/210.19 mi8, Conrad Avenue, Canterbury, Kent CT1 1EF3
£250K12/200.21 mi77, Reed Avenue, Canterbury, Kent CT1 1EJ3
£265K03/210.21 mi14, Riverdale Road, Canterbury, Kent CT1 1DH3
£265K03/230.23 mi1, Metcalfe Mews, Canterbury, Kent CT1 1JD3
£270K03/210.27 mi9, Dickens Avenue, Canterbury, Kent CT1 1EQ3
£307K12/220.29 mi22, Glenside Avenue, Canterbury, Kent CT1 1DB3
£205K01/230.3 mi20, Glenside Avenue, Canterbury, Kent CT1 1DB3
£205K03/210.3 mi17, Glenside Avenue, Canterbury, Kent CT1 1DB3
£280K05/230.3 mi3, Glenside Avenue, Canterbury, Kent CT1 1DB3
£270K01/230.33 mi102, Tennyson Avenue, Canterbury, Kent CT1 1ER3
£260K07/230.36 mi7, Clement Close, Canterbury, Kent CT1 1HW3
£410K03/210.41 mi2, Kings Park, Canterbury, Kent CT1 1QH3
£237.5K12/200.41 mi12, Craddock Road, Canterbury, Kent CT1 1YP3
£268K05/210.41 mi4, Craddock Road, Canterbury, Kent CT1 1YP3
£250K08/230.41 mi13, Craddock Road, Canterbury, Kent CT1 1YP3
£192.5K11/200.45 mi21, Vauxhall Crescent, Canterbury, Kent CT1 1EY3
£215K08/210.45 mi311, Sturry Road, Canterbury, Kent CT1 1HG3
£385K10/220.47 mi52, St Martins Road, Canterbury, Kent CT1 1QP3
£365K03/210.47 mi50, St Martins Road, Canterbury, Kent CT1 1QP3
£272K11/200.47 mi110, Field Avenue, Canterbury, Kent CT1 1TR3
£250K11/220.47 mi104, Field Avenue, Canterbury, Kent CT1 1TR3
£310K01/230.47 mi112, Field Avenue, Canterbury, Kent CT1 1TR3
£260K02/210.49 mi19, College Road, Canterbury, Kent CT1 1QX3
£230K09/210.52 mi47, Edgar Road, Canterbury, Kent CT1 1NS3
£307.5K11/210.53 mi6, St Martins Road, Canterbury, Kent CT1 1QW3
£270K01/210.53 mi5, St Martins Road, Canterbury, Kent CT1 1QW3
£275K02/210.53 mi9, St Martins Road, Canterbury, Kent CT1 1QW3
£209K01/210.53 mi46, Querns Road, Canterbury, Kent CT1 1PZ3
£290K06/210.53 mi7, Pretoria Road, Canterbury, Kent CT1 1QL3
£215K12/200.56 mi15, Querns Road, Canterbury, Kent CT1 1PX3
£290K06/210.58 mi7, Pretoria Road, Canterbury, Kent CT1 1QL3
£307K06/210.59 mi3, Windmill Close, Canterbury, Kent CT1 1PT3
£365.1K02/210.62 mi64, St Martins Hill, Canterbury, Kent CT1 1PS3
£520K08/220.64 mi21, Abbey Gardens, Canterbury, Kent CT2 7EU3
£255K12/200.64 mi1, Kemsing Gardens, Canterbury, Kent CT2 7RE3
£240K10/200.64 mi45, Ulcombe Gardens, Canterbury, Kent CT2 7QZ3
£240K05/210.64 mi58, Kemsing Gardens, Canterbury, Kent CT2 7RF3
£210K12/200.69 mi43, Headcorn Drive, Canterbury, Kent CT2 7TR3
£250K07/230.7 mi95, Broad Street, Canterbury, Kent CT1 2LU3
£345K06/230.7 mi69, Broad Street, Canterbury, Kent CT1 2LS3
£267.5K09/210.7 mi52, Broad Street, Canterbury, Kent CT1 2LS3
£380K09/210.7 mi40, Broad Street, Canterbury, Kent CT1 2LR3
£252.5K06/230.72 mi12, Sundridge Close, Canterbury, Kent CT2 7QW3
£360K01/230.73 mi5, Dextor Close, Canterbury, Kent CT2 7JB3
£236K10/210.73 mi10, Frencham Close, Canterbury, Kent CT2 7DS3
£311K03/230.74 mi35, Kent Avenue, Canterbury, Kent CT1 1RN3
£315K06/230.75 mi19, Devon Road, Canterbury, Kent CT1 1RP3
£242K01/210.75 mi3, Nonsuch Close, Canterbury, Kent CT1 1FE3

Local Rents

45 rents from £420/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,30004/240.08 miOld Park Avenue, Canterbury, Kent, CT13
£1,70002/240.2 mi-3
£1,97203/240.2 mi-3
£1,80003/250.2 mi-3
£1,50003/250.2 mi-3
£1,28004/240.21 miGore Mews, Canterbury Ref - 753
£1,25004/240.22 miRiverdale Road, Canterbury, Kent, CT13
£1,55002/250.27 mi-3
£1,29504/250.28 mi-3
£1,35003/240.29 miWemyss Court, Millitary road, Canterbury3
£66503/240.29 miWemyss Court (Near CCCU)3
£1,40012/240.3 mi-3
£1,60002/250.3 mi-3
£1,60012/240.3 mi-3
£1,45003/250.3 mi-3
£42003/240.31 miCalcraft Mews, Canterbury3
£3,00004/250.32 mi-3
£1,50003/240.34 miReed Avenue, Canterbury3
£1,40003/240.34 miHoneywood Close, Canterbury3
£1,40004/240.35 miPyott Mews, Canterbury3
£1,40005/240.35 miPyott Mews, Canterbury, CT13
£1,15004/240.35 miPyott Mews, CANTERBURY3
£1,25005/240.38 miSturry Road, Canterbury3
£1,30001/250.4 mi-3
£1,30004/240.4 miJessica Mews, Canterbury3
£1,35003/240.41 miWaters Edge, Canterbury3
£1,20003/240.41 miField Avenue Canterbury CT13
£1,48503/240.43 miCollege Court, College Road, Canterbury3
£67503/240.44 miStarle Close3
£1,30003/240.44 miWillow Close, Canterbury, Kent, CT23
£1,50005/240.47 miWillow Close, Canterbury, Canterbury3
£1,46003/240.48 miCollege Road, Canterbury - Ref 24523
£2,20001/240.48 mi-3
£2,50005/240.48 mi-3
£1,74012/240.49 mi-3
£1,59503/250.5 mi-3
£1,52003/240.5 miClyde Street, Canterbury, CT13
£1,52005/240.5 miClyde Street, Canterbury, CT13
£1,37503/240.51 miClyde Street, Canterbury, Kent, CT13
£1,65003/240.53 mi-3
£1,37504/240.53 miPretoria Road, Canterbury3
£1,35003/240.56 miEdenbridge House, Canterbury, CT1 1QF3
£1,65003/250.57 mi-3
£1,35004/240.62 mi14 Sevastopol Place, Canterbury, Kent, CT13
£1,30003/240.62 miHavelock Street, Canterbury3

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.51 miles away

Nearest school

0.30 miles away

Nearest train station

1.03 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Price changed to £250,000

February 16, 2025

Listed for £260,000

September 28, 2024

Floor Plans

Description

  • Spacious end terrace family home in need of some refurbishment +
  • Fantastic opportunity for buyers to put their own stamp on their new home +
  • 2 reception rooms & good size kitchen/dining room +
  • 3 double bedrooms +
  • Family bathroom & downstairs cloakroom +
  • Large rear garden & free on street parking +
  • Plenty of local amenities on your doorstep; 0.3 miles from Asda & Aldi supermarkets +
  • 1.3 miles from Canterbury city centre & 0.7 miles from The Riverside Complex +
  • 1.4 miles from Canterbury West train station with fast links to St Pancras +
  • 1.3 miles from St Stephens junior school & 1.4 miles from Canterbury College +

Property Description: Guide Price £250,000 - £260,000. This spacious end terrace family home is in need of some refurbishment making it an ideal investment for buyers with fantastic potential to put your own personal stamp on your new home.

You enter the property into a good size hallway with a downstairs cloakroom and a large storage cupboard ideal for storing away coats and shoes and keeping the house tidy. The property has two reception rooms creating flexible living arrangements depending on your needs. The first reception room is at the front of the property and could be used as a cosy living room for the family to relax in, an office space for those working from home, a children’s play room or a fourth bedroom if required.

At the back of the house is the kitchen/dining room with plenty of storage, a door out to the garden and space for a dining table and chairs, ideal for family meals or entertaining friends. Off the kitchen is the second reception room which could be used as a formal dining room or second living/family room, this room has double doors leading out onto the garden making it a great sociable room in the warmer summer months.

Upstairs there are three good size double bedrooms ensuring the whole family has their own space to relax in at the end of the day. The bathroom, in need of a revamp, is a great size with a bath and separate shower cubicle giving you the opportunity to design a space that suits your personal style and preference.

Outside: One of the key highlights of this property is the large rear garden which is a blank canvas waiting for a green fingered enthusiast to make their mark. With a patio and lawn area there is plenty of space for outdoor entertaining, gardening, or simply enjoying the fresh air. There is also plenty of free on street parking outside the property and a large green area where children can play.

Location: Forrester Close is a quiet no through road set back from the main Sturry Road and is approximately 1.3 miles to the city centre. There is a retail park 0.3 miles away that includes a large Asda superstore, an Aldi and a B&Q and just 0.7 miles away is the exciting Riverside at Canterbury complex which hosts the Curzon Theatre, Boom Battle Bar, Side Quest and a selection of eateries. St Stephens Junior schools is just 1.3 miles from the property. Canterbury’s modern and vibrant city centre has a host of luxury hotels, fine restaurants serving food from across the globe and welcoming pubs that all combine to give a complete experience. For those who have a yearning for retail, Canterbury offers an array of different shops to add to its unique identity. Canterbury is a city steeped in tradition with the Cathedral dominating the skyline. There are two train stations with links into London; the closest is Canterbury West which is 1.4 miles away and has a high speed link to London St Pancras.

Directions: SatNav = CT1 1DZ / What3Words = grants.define.branded

Council Tax: Band C (correct at time of marketing). To check council tax for this property, please refer to the local authority website.

Local Authority: Canterbury City Council . Kent County Council

Services: Gas central heating, mains water, drainage and electricity. For broadband and mobile coverage, we advise you check your providers website or refer to an online checker.

Tenure: This property is freehold and is sold with vacant possession.

Disclaimer: Sandersons and their clients state that these details are for general guidance only and accuracy cannot be guaranteed. They do not form any part of any contract. All measurements are approximate, and floor plans are for general indication only and are not measured accurate drawings. No guarantees are given with any mentioned planning permission or fitness for purpose. No appliances, equipment, fixture or fitting has been tested by us and items shown in photographs are not necessarily included. Buyers must satisfy themselves on all matters by inspection or through the conveyancing process.

Additional Property Notes: There are steps up into the property and into the garden and an internals staircase up to the bedrooms. There is free on street parking 0.1 miles from the property.

Identity verification: Please note, Sandersons UK are obligated by law to undertake Anti Money Laundering (AML) Regulations checks on any purchaser who has an offer accepted on a property. We are required to use a specialist third party service to verify your identity. The cost of these checks is £60 inc.VAT per property and accepted offer. This is payable at the point an offer is accepted and our purchaser information form is completed, prior to issuing Memorandum of Sales to both parties respective conveyancing solicitors. Register for new listings before the portal launch: sandersonsuk.com/register

Agent Details

Sandersons, Canterbury

01227 532457

Next Steps?

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