4 Bed Detached House, Planning Permission, Canterbury, CT1 3QX, £525,000

1 Pewter Court, Canterbury, Kent, CT1 3QX - 1 views - 4 months ago

Planning
119 m²
+14 photos

ValuationOvervalued

Sold Prices£245K - £1.8M
Sold Prices/m²£2.7K/m² - £6.2K/m²

 

 

Square Metres

118.52 m²
Price/m²£4.4K/m²

Value Estimate

£440,217

 

 

End Value (After Refurb)

£450,344

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£30,700

Refurb Costs

£56,584

Bridging Loan Interest

£13,781

Total Cash In

£234,065

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£450,344

Mortgage (After Refinance)

£337,758

Mortgage LTV

75%

Cash Left In

£234,065

Equity

£112,586

Rent Range

£410 - £2,850

Rent Estimate

£1,500

Running Costs/mo

£1,727

Cashflow/mo

£-227

Cashflow/yr

£-2,728

Gross Yield

3%

Local Sold Prices

50 sold prices from £245K to £1.8M, average is £530K. £2.7K/m² to £6.2K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£405K10/200.01 mi1, Pewter Court, Canterbury, Kent CT1 3QX4
£420K03/210.04 mi69, Oxford Road, Canterbury, Kent CT1 3QP4
£256K07/210.16 mi22, Cambridge Way, Canterbury, Kent CT1 3QJ4
£405K02/210.19 mi7, Oxford Road, Canterbury, Kent CT1 3QF4
£420K09/210.22 mi9, Chineham Way, Canterbury, Kent CT1 3TW4
£550K01/210.22 mi1, Cromwell Road, Canterbury, Kent CT1 3LB4
£435K07/230.25 mi22, Heaton Road, Canterbury, Kent CT1 3PY4
£685K06/230.29 mi31, Winchester Gardens, Canterbury, Kent CT1 3NA4
£825K11/220.31 miBridge Knoll, Stuppington Lane, Canterbury, Kent CT1 3LN4
£650K04/210.32 mi10, Juniper Close, Canterbury, Kent CT1 3LL4
£630K03/210.36 mi6, Victoria Road, Canterbury, Kent CT1 3SG4
£850K05/210.37 mi20, Ersham Road, Canterbury, Kent CT1 3AR4
£695K04/210.42 mi18, New Dover Road, Canterbury, Kent CT1 3AP4
£535K06/210.44 mi94, Old Dover Road, Canterbury, Kent CT1 3PF4
£260K02/210.51 mi42, St Peters Grove, Canterbury, Kent CT1 2DJ4
£272K07/210.52 mi27, Albert Road, Canterbury, Kent CT1 1UJ4
£900K05/230.52 mi29, St Lawrence Forstal, Canterbury, Kent CT1 3PA4
£615K09/220.52 mi37, St Lawrence Forstal, Canterbury, Kent CT1 3PA4
£245K08/210.55 mi189, Wincheap, Canterbury, Kent CT1 3TP4
£290K06/230.55 mi26, Cowdrey Place, Canterbury, Kent CT1 3PD4
£670K03/230.55 mi20, Best Lane, Canterbury, Kent CT1 2JB4
£658K09/220.57 mi25, St Lawrence Forstal, Canterbury, Kent CT1 3PA4
£640K12/200.57 mi10, Stanmore Court, Canterbury, Kent CT1 3DS4
£525K12/220.58 mi258, Wincheap, Canterbury, Kent CT1 3TY4
£272K04/210.61 mi227, Wincheap, Canterbury, Kent CT1 3TT4
£460K02/210.61 mi2, Lincoln Avenue, Canterbury, Kent CT1 3YD4
£410K04/210.62 mi31, Homersham, Canterbury, Kent CT1 3RL4
£560K08/210.64 mi8, Blackfriars Street, Canterbury, Kent CT1 2AP4
£970K06/210.65 miBlackman House, 6a, St Peters Lane, Canterbury, Kent CT1 2BP4
£1.8M06/210.65 mi14, Westgate Grove, Canterbury, Kent CT2 8AA4
£562K11/220.66 mi46, Rochester Avenue, Canterbury, Kent CT1 3YE4
£790K10/220.67 mi30, St Augustines Road, Canterbury, Kent CT1 1XR4
£600K01/230.68 mi4, Abbots Place, Canterbury, Kent CT1 2AH4
£580K10/220.69 mi25, Wells Avenue, Canterbury, Kent CT1 3YB4
£540K11/200.7 mi7b, North Lane, Canterbury, Kent CT2 7EB4
£290K09/210.71 mi12, Mead Way, Canterbury, Kent CT2 8BB4
£721.1K06/210.71 mi78a, New Dover Road, Canterbury, Kent CT1 3EQ4
£353K01/230.74 mi19, North Holmes Road, Canterbury, Kent CT1 1QR4
£620K02/230.77 mi8, Orchard Street, Canterbury, Kent CT2 8AP4
£465K01/210.77 mi45, Kirbys Lane, Canterbury, Kent CT2 8AG4
£460K06/210.79 mi25, The Foreland, Canterbury, Kent CT1 3NT4
£525K12/200.79 mi15, The Foreland, Canterbury, Kent CT1 3NT4
£380K05/210.8 mi64, Station Road West, Canterbury, Kent CT2 8AN4
£360K11/200.8 mi66, Station Road West, Canterbury, Kent CT2 8AN4
£733.5K09/220.8 mi166, Old Dover Road, Canterbury, Kent CT1 3EX4
£280K11/210.81 mi48, College Road, Canterbury, Kent CT1 1QX4
£268K07/210.81 mi38, College Road, Canterbury, Kent CT1 1QX4
£425K12/220.81 mi43a, Station Road West, Canterbury, Kent CT2 8AN4
£640K09/220.82 mi94, New Dover Road, Canterbury, Kent CT1 3EH4
£379K04/210.82 mi27, Orient Place, Canterbury, Kent CT2 8AW4

Local Rents

50 rents from £410/mo to £2.9K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50004/240.01 miPewter Court Canterbury CT14
£1,60004/240.01 miPewter Court, CANTERBURY4
£1,50005/240.01 miPewter Court Canterbury CT14
£1,50004/240.01 miPewter Court, Canterbury, Kent, CT14
£1,50003/240.04 miOxford Road, Canterbury5
£1,93803/240.04 miOxford Road, Canterbury4
£1,90703/240.04 miOxford Road, Canterbury, CT14
£1,55003/250.07 mi-3
£1,85003/240.08 miDurham Close, Wincheap (2 BATHROOMS) (Near CCU)5
£2,50002/240.1 mi-4
£2,50004/240.1 mi-4
£2,50003/250.1 mi-4
£1,35003/240.11 miLansdown Road, Canterbury3
£62003/240.12 mi5 Bed Student House - 36 Oxford Road5
£1,64703/240.12 miCambridge Road, Canterbury4
£1,30003/240.12 miRhodaus Close, Canterbury4
£1,59504/240.12 miNorman Road, Canterbury3
£65903/240.13 mi5 Bed Student Home - 15 Rhodaus Close5
£65903/240.13 mi5 Bed Student Home - 15 Rhodaus Close5
£2,35002/240.14 mi-3
£2,35004/240.14 mi-3
£2,29505/240.14 mi-3
£2,72105/240.14 mi-6
£2,72104/240.14 miZealand Road, Canterbury, CT16
£2,72105/240.14 miZealand Road, Canterbury, CT16
£57503/240.14 mi6 Lansdown Road, Canterbury3
£1,45004/240.15 miLansdown Road, Canterbury3
£1,80004/240.16 miLancaster Road, Wincheap Canterbury4
£1,60004/240.17 miMartyrs Field Road, Canterbury, Kent, CT14
£55003/240.17 mi5 Bed Student Home - 31 Lancaster Road5
£1,80004/240.17 miLancaster Rd, Canterbury4
£42003/240.17 mi5 Bed Student Home - 31 Lancaster Road5
£62003/240.17 mi5 Bed Student Home - 52 Martyrs Field Road5
£1,90003/240.17 miMartyrs Field, Canterbury4
£48503/240.17 mi5 Bed Student Home - 52 Martyrs Field Road5
£1,50004/240.17 miMartyrs Field Road, Canterbury3
£1,80003/240.17 miLancaster Road, Canterbury4
£57503/240.18 mi28 Martyrs Field Road, Canterbury4
£54503/240.19 mi4 Bedroom Student Home - Henry Court (Near City Centre)4
£2,50003/240.19 miMartyrs Field Road, Canterbury5
£1,25005/240.19 miHenry Court, Canterbury3
£41003/240.19 miMartyrs Field Road, Canterbury, Kent6
£1,49503/240.2 miMartyrs Field Road, Canterbury3
£1,56003/240.21 miGuildford Road, Canterbury, CT14
£2,85003/240.21 miGordon Road, CANTERBURY6
£61503/240.21 mi11 Gordon Road, Canterbury, Kent, CT16
£1,80005/240.21 miGordon Road, CANTERBURY4
£62003/240.22 mi5 Bed Student House - 33 Guildford Road5
£60003/240.22 mi5 Bed Student House - 10 Guildford Road5
£61503/240.22 mi16 Guildford Road 6

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

1.05 miles away

Nearest school

0.10 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £525,000

November 21, 2024

Sold for £405,000

2020

Sold for £295,000

2013

Sold for £222,500

2003

Floor Plans

Description

  • Open Plan Kitchen/Dining Room +
  • Separate Lounge +
  • Study +
  • Four Bedrooms +
  • En-suite To Main Bedroom +
  • Garage & Allocated Parking +
  • Two Garden Areas +
  • Short Walk From City Centre +

The Gate House is an attractive, four-bedroom detached family home located in a small, exclusive development in South Canterbury, within walking distance to the City Centre and close to excellent secondary schools and the Kent & Canterbury Hospital. The property was built in 2003 by the reputable builders, Berkley Homes, and offers spacious accommodation which has been designed with modern family life in mind.

The downstairs living accommodation is spacious, with the layout flowing nicely. The heart of the home is the wonderful kitchen/family room, which is perfect for socialising and entertaining. Double doors from this room lead to a separate reception room, which is a fantastic extension of the living space. The doors can be left open for a more social and open layout or can be closed for an intimate and cosy feel. The kitchen is contemporary, with all-white kitchen cabinets and worktops for a sleek finish. Integrated appliances include an oven with a gas hob, a microwave and washing machine. There is also room for an American-style fridge/freezer and there is a breakfast bar. Also on the ground floor, you will find a WC and an office.

Stairs rise to a spacious landing with doors leading to four bedrooms, three of which are doubles, and a family bathroom. The main bedroom features built-in wardrobes and a large en-suite bathroom.

The current owners have obtained planning permission to build a two-storey extension to the side, which would result in a self-contained annexe on the ground floor, and four bedrooms, two en-suite shower rooms and a family bathroom on the first floor. For those interested, you can use the reference CA/23/00496 to search on the council`s planning portal.

Outside, you will find two separate areas of garden, both of which are low maintenance, perfect for busy families. The first area is laid to artificial lawn, with an attractive brick wall and mature hedges offering security and privacy. The second area is paved, with a decked area to the side with a large summer house. There is also a section of shingle and artificial lawn, where the current owners have a large trampoline for the children. There are gates leading to an allocated parking space and the property also has a garage.

Please be advised that there is a management charge for the development which is £816 per annum.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Page & Co Property Services Ltd, Canterbury

01227 532511

Next Steps?

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