2 Bed Flat, Single Let, Canterbury, CT1 3AU, £220,000

New Dover Road, Canterbury, Kent, CT1 3AU - 6 months ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²
+4 photos

ValuationUndervalued

Sold Prices£115K - £645K
Sold Prices/m²£2.1K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£239,005
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£556 - £2,995

Rent Estimate

£989

Running Costs/mo

£905

Cashflow/mo

£84

Cashflow/yr

£1,004

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £115K to £645K, average is £226.3K. £2.1K/m² to £5.2K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£208K02/210.11 miFlat 8, Durovernum Court, Old Dover Road, Canterbury, Kent CT1 3DA2
£645K12/200.14 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£186K07/210.22 mi35, Raymond Avenue, Canterbury, Kent CT1 3JY2
£225K02/210.23 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K02/210.23 mi52, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£225K09/210.23 mi16, Raymond Avenue, Canterbury, Kent CT1 3JZ2
£165K02/210.31 miFlat 17, St. Lawrence Court, St Lawrence Road, Canterbury, Kent CT1 3EY2
£280K06/210.31 mi6, Holman Mews, Canterbury, Kent CT1 3JE2
£115K04/210.42 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£140K12/210.46 mi85, George Roche Road, Canterbury, Kent CT1 3FF2
£235K10/220.58 mi22, Castle Row, Canterbury, Kent CT1 2QY2
£187K02/230.63 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£290K08/230.63 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£215K11/200.72 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£310K12/210.72 mi44, The Rope Walk, Canterbury, Kent CT1 2FY2
£229.9K11/210.72 mi14, The Rope Walk, Canterbury, Kent CT1 2FY2
£230K06/210.72 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.72 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.72 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.72 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£235K01/230.75 mi65, Bingley Court, Canterbury, Kent CT1 2SW2
£220K05/210.75 mi78, Bingley Court, Canterbury, Kent CT1 2SW2
£230K05/210.75 mi66, Bingley Court, Canterbury, Kent CT1 2SW2
£230K03/210.75 mi70, Bingley Court, Canterbury, Kent CT1 2SW2
£230K07/230.75 mi73, Bingley Court, Canterbury, Kent CT1 2SW2
£230K01/230.78 mi47, St Andrews Close, Canterbury, Kent CT1 2RT2
£190K06/210.78 mi54, St Andrews Close, Canterbury, Kent CT1 2RT2
£217.5K11/200.78 mi62, St Andrews Close, Canterbury, Kent CT1 2RT2
£220K04/210.78 mi49, St Andrews Close, Canterbury, Kent CT1 2RT2
£170K07/210.81 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.81 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£200K11/200.82 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.82 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£170K01/230.85 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£227.5K05/230.87 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£160K10/220.87 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£161K09/210.88 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£217K01/210.9 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/230.9 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£245K02/210.91 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/220.91 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£200K02/210.92 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£325K05/230.92 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.92 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£230K05/210.93 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.93 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£288K12/220.95 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£275K09/210.97 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£220K10/220.97 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£170K05/230.99 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2

Local Rents

50 rents from £556/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15004/240.01 miChaucer Court2
£1,35003/240.04 mi-2
£1,25004/240.04 mi-2
£1,35005/240.09 mi-2
£1,35004/240.09 miNew Dover Road, Canterbury, CT12
£1,35005/240.09 miNew Dover Road, Canterbury, CT12
£1,15005/240.11 miDurovernum Court, Canterbury2
£1,40005/240.13 miWootton Court, 42 New Dover Road, Canterbury2
£1,10004/240.14 miNew Dover Road, Canterbury2
£1,10004/240.14 miNew Dover Road, Canterbury2
£1,30003/240.15 miNew Dover Road, Canterbury, CT12
£1,35004/240.15 miNew Dover Road, CANTERBURY2
£1,20003/240.16 miSouth Canterbury2
£1,20005/240.17 miFlagstaff Court, CANTERBURY2
£1,20003/240.17 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,20003/240.17 miFlagstaff Court, Canterbury, Kent, CT1 3HA2
£1,20004/240.17 miFlagstaff Court, Canterbury, Kent, CT12
£55602/240.19 mi-2
£1,40003/240.2 miBellflower Mews, Canterbury2
£1,73301/250.2 mi-2
£1,32505/240.2 miBellflower Mews, Canterbury2
£1,25004/240.2 miCanterbury2
£1,25005/240.2 miCanterbury2
£1,10005/240.2 miOaten Hill, Canterbury - Ref 2182
£1,10005/240.2 miOaten Hill, Canterbury - Ref 2182
£1,10012/240.2 miOaten Hill, Canterbury - Ref 2172
£1,05003/240.21 miRaymond Avenue, Canterbury2
£1,20003/240.23 miAlbert Road Canterbury CT12
£1,10003/240.23 miArden Court, Dover Street, Canterbury2
£1,25005/250.24 mi-2
£95003/240.24 miRaymond Avenue, Canterbury2
£1,15003/240.25 miRochester Avenue, Canterbury2
£1,25003/240.26 miLower Chantry Lane, Canterbury2
£1,05002/240.26 mi-2
£1,25004/240.26 mi-2
£1,25005/240.26 miProspect Place, Canterbury, CT12
£1,30003/240.27 miIvy Lane (Near City Centre)2
£1,05005/240.27 miOld Dover Road, Canterbury2
£1,17503/240.27 miProspect Place, Canterbury2
£99503/240.28 miIvy Lane, Canterbury, CT12
£95003/240.28 miIvy Lane, Canterbury2
£1,25004/240.29 miPuckle Lane, Canterbury, Kent, CT12
£2,99502/240.29 mi-2
£1,95002/240.3 mi-2
£1,85004/240.3 mi-2
£2,88004/240.3 mi-2
£1,35002/240.3 mi-2
£1,30003/240.31 miLongport, Canterbury2
£1,15003/240.31 miLansdown Road, Canterbury2
£1,30003/240.31 miPilgrims Way, Canterbury, Kent, CT12

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.93 miles away

Nearest school

0.20 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £220,000

November 2, 2024

Floor Plans

Description

  • Second floor apartment close to the historic City of Canterbury +
  • Open plan living for that more modern feel +
  • Balcony overlooking the grounds +
  • Residents car park +
  • Walking distance to city centre and Canterbury East train station +

A fantastic opportunity to purchase this generous sized apartment close to Christ Church University. Ideal for first time buyers or investors. Close to the historic city of Canterbury with its array of shops, bars and restaurants. Give us a call to arrange your viewing.

Room sizes:

  • Entrance Hallway
  • Bathroom: 10'2 x 7'9 (3.10m x 2.36m)
  • Bedroom 1: 14'1 x 13'7 (4.30m x 4.14m)
  • Bedroom 2: 15'9 x 12'3 (4.80m x 3.74m)
  • Lounge/Diner: 16'6 x 16'1 (5.03m x 4.91m)
  • Balcony
  • Kitchen: 9'1 x 7'3 (2.77m x 2.21m)
  • Communal Garden
  • Residents Car Park  
    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?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪