2 Bed Terraced House, Single Let, Canterbury, CT2 7DP, £190,000

19 Nethersole Close, Canterbury, Kent, CT2 7DP - 3 views - 5 months ago

Sold STC
BTL
ROI: 4%
77 m²

ValuationUndervalued

Sold Prices£202K - £550K
Sold Prices/m²£2.7K/m² - £7.3K/m²

 

 

Square Metres

77 m²
Price/m²£2.5K/m²

Value Estimate

£228,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£1,050 - £2,550

Rent Estimate

£974

Running Costs/mo

£809

Cashflow/mo

£165

Cashflow/yr

£1,985

ROI

4%

Gross Yield

6%

Local Sold Prices

27 sold prices from £202K to £550K, average is £250K. £2.7K/m² to £7.3K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£202K10/200.03 mi3, Brabourne Close, Canterbury, Kent CT2 7UE2
£220K09/210.04 mi24, Goudhurst Close, Canterbury, Kent CT2 7TU2
£235K07/210.24 mi7, Kemsing Gardens, Canterbury, Kent CT2 7RE2
£250K07/230.26 mi63, Ulcombe Gardens, Canterbury, Kent CT2 7QZ2
£491.4K03/230.36 mi11, The Crescent, Canterbury, Kent CT2 7AQ2
£250K06/230.47 mi147, Broad Oak Road, Canterbury, Kent CT2 7PT2
£550K10/220.5 mi5, Hales Drive, Canterbury, Kent CT2 7AB2
£300K07/230.53 mi2, Willow Close, Canterbury, Kent CT2 7PS2
£242K04/210.69 mi37, Barton Mill Road, Canterbury, Kent CT1 1BP2
£230K04/210.76 mi39, Sturry Road, Canterbury, Kent CT1 1BU2
£202K02/210.8 mi23, Old Park Avenue, Canterbury, Kent CT1 1DL2
£220K12/200.8 mi6, Old Park Avenue, Canterbury, Kent CT1 1DL2
£290K03/230.8 mi27, Old Park Avenue, Canterbury, Kent CT1 1DL2
£250K06/210.8 mi11, Beaconsfield Road, Canterbury, Kent CT2 7HF2
£300K12/220.8 mi10, Old Park Avenue, Canterbury, Kent CT1 1DL2
£400K11/220.84 mi8, Salisbury Road, Canterbury, Kent CT2 7HH2
£307K03/210.86 mi32, Salisbury Road, Canterbury, Kent CT2 7HH2
£241K07/210.86 mi72, Old Park Avenue, Canterbury, Kent CT1 1DN2
£242K09/210.86 mi62, Old Park Avenue, Canterbury, Kent CT1 1DN2
£218K11/210.91 mi34, Forrester Close, Canterbury, Kent CT1 1DY2
£310K02/210.91 mi6, Alma Street, Canterbury, Kent CT1 1NB2
£310K02/210.92 mi6, Alma Street, Canterbury, Kent CT1 1NB2
£229K02/210.94 mi150, Field Avenue, Canterbury, Kent CT1 1TS2
£230K01/210.94 mi147, Field Avenue, Canterbury, Kent CT1 1TS2
£225K11/200.94 mi139, Field Avenue, Canterbury, Kent CT1 1TS2
£250K12/200.97 mi33, Notley Street, Canterbury, Kent CT1 1LX2
£325K12/220.98 mi38, Orient Place, Canterbury, Kent CT2 8AW2

Local Rents

12 rents from £1.1K/mo to £2.5K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,07503/240.03 miNethersole Close, Canterbury2
£1,30003/240.18 mi2 Bedroom Student Home - Jesuit Close, UKC2
£1,20003/240.18 miLong Meadow Way, Canterbury2
£2,55004/250.19 mi-2
£1,20005/240.2 miFrencham Close Canterbury CT22
£1,05003/240.25 miUlcombe Gardens, Canterbury2
£2,40001/240.44 mi-2
£2,20005/240.44 mi-2
£1,87502/250.44 mi-2
£1,10004/250.46 mi-2
£1,20003/240.61 miWaters Edge, Canterbury, CT12
£1,35004/240.61 miWaters Edge, Canterbury2

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

0.71 miles away

Nearest school

0.40 miles away

Nearest train station

1.02 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+59%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £190,000

December 3, 2024

Sold for £129,000

2003

Sold for £73,000

2000

Floor Plans

Description

  • Calling all investors over 8 % yield on a 2/3 bedroom terraced house +
  • Versatile accommodation as either a investment or family home +
  • Off road parking to the rear +
  • Enclosed garden +
  • Gas central heating and double glazing +
  • No chain above +
  • Close to University of Kent +
  • Walking distance to canterbury city centre +
  • Close to bus stop +

2 Bedroom House with Garden and Off-Road Parking in Canterbury's Nethersole Close

Introduction
Welcome to Nethersole Close, Canterbury – a location that is great for family living within close proximity of St.Stephens Primary School and ideal for investors with the University of Kent nearby. With off-road parking, an enclosed garden, this property presents an unmissable opportunity to own a piece of Canterbury. The property does require some refurbishment but is priced to sell.

Key Features
1. This 2/3 bedroom house is perfect as an investment property or a family home, offering flexibility and adaptability to suit your needs.
2. Say goodbye to the endless search for a parking spot, as this property provides convenient off-road parking to the rear of the house.
3. Enjoy the privacy and tranquility of the well-maintained enclosed garden, offering a safe space for outdoor activities or relaxation.
4. There is gas central heating and double glazing.
5. No chain above.
6. Close to University of Kent
7. Walking distance to Canterbury city centre, or just a short bus ride away with the bustling city centre of Canterbury providing an array of shopping, dining, and entertainment options.
8. Enjoy excellent transport links with a nearby bus stop, making commuting or exploring the wider area a breeze.

Ground Floor
Step into the entrance hall, there is potential to add a downstairs toilet here. The ground floor offers a well-proportioned reception room, providing an ideal space for entertaining guests or simply relaxing with your loved ones. The room is bathed in natural light, enhancing the inviting atmosphere.

Kitchen
There is a kitchen with a window to front and an adjacent dining area which offers a sociable space for family meals or casual get-togethers.

First Floor
Make your way upstairs to discover the sleeping quarters. The property offers two generous bedrooms, both filled with natural light, providing comfortable spaces for a good night's sleep.

Bathroom
The first floor also features a bathroom, equipped with a bathtub, shower, washbasin, and WC.

Exterior
Escape the hustle and bustle of everyday life in the tranquil oasis of the enclosed garden. Whether you indulge in gardening, bask in the sun, or enjoy al fresco dining, this beautiful outdoor space offers limitless opportunities. The rear of the property provides off-road parking, ensuring convenient access to your home.

Location
Nethersole Close offers a peaceful residential environment while being within easy reach of the University of Kent and Canterbury city centre. Residents will enjoy the convenience of having excellent transport links, including a nearby bus stop, allowing easy access to nearby towns and attractions. Canterbury city center, with its historical charm, diverse retail options, and vibrant entertainment scene, is just a short walk away. The city offers excellent educational facilities, a renowned university, and a lively community.

Conclusion
With its versatile accommodation, and prime location, this 2 bedroom house in Nethersole Close, Canterbury, presents an exceptional opportunity for those seeking a comfortable and convenient home. Don't miss the chance to make this property your own and enjoy the boundless amenities that Canterbury has to offer. Contact us today to arrange a viewing and start your journey towards owning this charming house.

Agent Details

Regal Estates, Canterbury

01227 763888

Next Steps?

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