2 Bed Semi-Detached House, Planning Permission, Canterbury, CT2 0NJ, £325,000

5 Herne Bay Road, Canterbury, Kent, CT2 0NJ - 4 views - 6 months ago

Sold STC
Planning
160 m²
+8 photos

ValuationUndervalued

Sold Prices£165K - £400K
Sold Prices/m²£2.6K/m² - £6.2K/m²

 

 

Square Metres

160 m²
Price/m²£2K/m²

Value Estimate

£360,500
BMV3%

 

 

End Value (After Refurb)

£587,869

Uplift in Value

+68%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£76,387

Bridging Loan Interest

£8,531

Total Cash In

£184,618

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£587,869

Agent Fees (1%)

£5,879

Bridging Loan

£243,750

Bridging Loan Interest

£8,531

Flip Profit

£153,622

Local Sold Prices

26 sold prices from £165K to £400K, average is £263.5K. £2.6K/m² to £6.2K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£300K10/210.01 mi3, Herne Bay Road, Sturry, Canterbury, Kent CT2 0NJ2
£315K05/210.01 mi6, Herne Bay Road, Sturry, Canterbury, Kent CT2 0NJ2
£262K02/210.26 mi3, Meadow Road, Sturry, Canterbury, Kent CT2 0JE2
£220K12/200.27 mi21, The Coppice, Sturry, Canterbury, Kent CT2 0JU2
£235K07/210.28 mi32, Park View, Sturry, Canterbury, Kent CT2 0NR2
£282.5K07/230.28 mi32, Park View, Sturry, Canterbury, Kent CT2 0NR2
£400K12/220.29 mi35a, Sweechgate, Broad Oak, Canterbury, Kent CT2 0QY2
£165K10/210.36 mi29, Sturry Court Mews, Sturry, Canterbury, Kent CT2 0ND2
£190K05/210.36 mi37, Sturry Court Mews, Sturry, Canterbury, Kent CT2 0ND2
£232.5K04/210.38 mi17, Sleigh Road, Sturry, Canterbury, Kent CT2 0HR2
£265K01/230.44 mi75, Cedar Road, Sturry, Canterbury, Kent CT2 0JG2
£250K08/210.47 mi58, Island Road, Sturry, Canterbury, Kent CT2 0EE2
£201K02/210.47 mi62, Island Road, Sturry, Canterbury, Kent CT2 0EE2
£310K11/220.48 mi7, Well Close, Sturry, Canterbury, Kent CT2 0JN2
£265.8K09/210.51 mi4, Forge Close, Sturry, Canterbury, Kent CT2 0BJ2
£245K12/200.51 mi1, Church Lane, Sturry, Canterbury, Kent CT2 0BB2
£328K11/220.52 mi49, Chestnut Drive, Sturry, Canterbury, Kent CT2 0NB2
£247K03/210.57 mi18, High Street, Sturry, Canterbury, Kent CT2 0AU2
£380K12/220.64 mi29, Fordwich Road, Sturry, Canterbury, Kent CT2 0BW2
£273K06/210.65 mi4, Stour Mews, Sturry, Canterbury, Kent CT2 0DZ2
£235K01/210.71 mi29, Babs Oak Hill, Sturry, Canterbury, Kent CT2 0JR2
£225K04/210.71 mi26, Babs Oak Hill, Sturry, Canterbury, Kent CT2 0JR2
£274.6K04/230.75 mi28, Oaklands Way, Sturry, Canterbury, Kent CT2 0EP2
£273K01/210.77 mi2, Brooklands Close, Fordwich, Canterbury, Kent CT2 0BT2
£370K02/230.77 mi5, Brooklands Close, Fordwich, Canterbury, Kent CT2 0BT2
£240K03/210.77 miLittle Acorns, Staines Hill, Sturry, Canterbury, Kent CT2 0ER2

Local Rents

11 rents from £975/mo to £1.6K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,00004/240.14 miPark View, Sturry, CANTERBURY2
£1,15003/240.29 miSturry Hill, Canterbury2
£97502/240.46 mi-2
£1,20003/240.57 miHigh Street, Sturry, CT22
£1,65012/240.64 mi-2
£1,25003/240.66 mi-2
£1,25003/240.66 miFordwich Road, Sturry, Canterbury, CT22
£1,15005/240.72 miFordwich Road, Sturry, Canterbury2
£1,55003/251.13 mi-2
£1,27503/241.19 miField Avenue, Canterbury2
£1,35004/251.22 mi-2

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

1.95 miles away

Nearest school

0.30 miles away

Nearest train station

0.45 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

January 23, 2025

Price changed to £335,000

January 3, 2025

Listed for £350,000

October 21, 2024

Sold for £250,000

2020

Sold for £175,000

2009

Floor Plans

Description

  • Beautifully presented home +
  • Modern and neutral decoration throughout +
  • Driveway and garage giving plenty of off road parking +
  • Stunning landscaped garden with patio area and home bar +
  • Planning permission granted for single storey rear extension +

Are you looking for a home thats ready to move straight into? Then look no further than this beautiful semi detached house with the potential to extend and develop. The current owners have tastefully updated the home throughout leaving you a blank canvas.

Room sizes:

  • Entrance Porch
  • Lounge: 16'9 x 12'1 (5.11m x 3.69m)
  • Dining Area: 10'11 x 10'8 (3.33m x 3.25m)
  • Kitchen: 15'9 x 5'10 (4.80m x 1.78m)
  • Rear Porch
  • Landing
  • Bedroom 1: 13'9 x 10'10 (4.19m x 3.30m)
  • Bedroom 2: 10'11 x 9'7 (3.33m x 2.92m)
  • Shower Room: 7'10 x 6'10 (2.39m x 2.08m)
  • Front Garden
  • Driveway
  • Garage
  • Rear Garden  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Canterbury

01227 202630

Next Steps?

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