2 Bed Flat, Single Let, Canterbury, CT1 3FG, £225,000
6, Castle Street, Canterbury, CT1 2QF - 6 months ago
Leasehold
BTL
ROI: 2%
32 m²





+12 photos
ValuationOvervalued
Sold Prices | £115K - £645K |
Sold Prices/m² | £2.1K/m² - £5.2K/m² |
| |
Square Metres | 32.38 m² |
Price/m² | £6.9K/m² |
Value Estimate | £106,072 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £56,250 |
Stamp Duty & Legal Fees | £14,450 |
Total Cash In | £70,700 |
| |
Cash Out | |
Rent Range | £950 - £2,995 |
Rent Estimate | £1,075 |
Running Costs/mo | £938 |
Cashflow/mo | £137 |
Cashflow/yr | £1,643 |
ROI | 2% |
Gross Yield | 6% |
Local Sold Prices
40 sold prices from £115K to £645K, average is £225K. £2.1K/m² to £5.2K/m², average is £3.3K/m².
Local Rents
50 rents from £950/mo to £3K/mo, average is £1.2K/mo.
Local Area Statistics
Population in ct1 | 29,688 |
Population in Canterbury | 65,078 |
Town centre distance | 1.25 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.43 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +56% |
Sales demand | Balanced market |
Capital growth (5yrs) | +5% |
Property History
Listed for £225,000
November 1, 2024
Floor Plans

Description
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