3 Bed Semi-Detached House, Planning Permission, Canterbury, CT1 1QG, £360,000

St Martins Close, Canterbury, CT1 1QG - 4 months ago

Planning
ROI: 1%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£205K - £640K
Sold Prices/m²£2.6K/m² - £6.2K/m²

 

 

Square Metres

~93 m²
Price/m²£3.9K/m²

Value Estimate

£360,000

 

 

End Value (After Refurb)

£316,576

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£90,000

Stamp Duty & Legal Fees

£27,200

Refurb Costs

£44,400

Bridging Loan Interest

£9,450

Total Cash In

£172,800

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£316,576

Mortgage (After Refinance)

£237,432

Mortgage LTV

75%

Cash Left In

£172,800

Equity

£79,144

Rent Range

£420 - £3,000

Rent Estimate

£1,449

Running Costs/mo

£1,299

Cashflow/mo

£150

Cashflow/yr

£1,799

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £205K to £640K, average is £307K. £2.6K/m² to £6.2K/m², average is £4K/m².

PriceDateDistanceAddressBeds 
£209K01/210.08 mi46, Querns Road, Canterbury, Kent CT1 1PZ3
£290K06/210.08 mi7, Pretoria Road, Canterbury, Kent CT1 1QL3
£410K03/210.09 mi2, Kings Park, Canterbury, Kent CT1 1QH3
£215K12/200.11 mi15, Querns Road, Canterbury, Kent CT1 1PX3
£385K10/220.11 mi52, St Martins Road, Canterbury, Kent CT1 1QP3
£307.5K11/210.11 mi6, St Martins Road, Canterbury, Kent CT1 1QW3
£270K01/210.11 mi5, St Martins Road, Canterbury, Kent CT1 1QW3
£275K02/210.11 mi9, St Martins Road, Canterbury, Kent CT1 1QW3
£365K03/210.11 mi50, St Martins Road, Canterbury, Kent CT1 1QP3
£290K06/210.11 mi7, Pretoria Road, Canterbury, Kent CT1 1QL3
£307K06/210.14 mi3, Windmill Close, Canterbury, Kent CT1 1PT3
£260K02/210.15 mi19, College Road, Canterbury, Kent CT1 1QX3
£365.1K02/210.18 mi64, St Martins Hill, Canterbury, Kent CT1 1PS3
£230K09/210.2 mi47, Edgar Road, Canterbury, Kent CT1 1NS3
£237.5K12/200.23 mi12, Craddock Road, Canterbury, Kent CT1 1YP3
£268K05/210.23 mi4, Craddock Road, Canterbury, Kent CT1 1YP3
£250K08/230.23 mi13, Craddock Road, Canterbury, Kent CT1 1YP3
£242K01/210.34 mi3, Nonsuch Close, Canterbury, Kent CT1 1FE3
£305K05/210.34 mi21, Albert Road, Canterbury, Kent CT1 1UJ3
£260K07/230.37 mi7, Clement Close, Canterbury, Kent CT1 1HW3
£311K03/230.38 mi35, Kent Avenue, Canterbury, Kent CT1 1RN3
£380K09/210.39 mi40, Broad Street, Canterbury, Kent CT1 2LR3
£310K07/230.39 mi12, Edward Road, Canterbury, Kent CT1 1UH3
£330K06/210.43 mi7, Love Lane, Canterbury, Kent CT1 1TZ3
£315K06/230.44 mi19, Devon Road, Canterbury, Kent CT1 1RP3
£250K07/230.44 mi95, Broad Street, Canterbury, Kent CT1 2LU3
£345K06/230.47 mi69, Broad Street, Canterbury, Kent CT1 2LS3
£267.5K09/210.47 mi52, Broad Street, Canterbury, Kent CT1 2LS3
£500K06/210.48 mi3, Byron Close, Canterbury, Kent CT1 1XN3
£520K08/220.48 mi21, Stanmore Court, Canterbury, Kent CT1 3DS3
£265K03/230.49 mi1, Metcalfe Mews, Canterbury, Kent CT1 1JD3
£370K12/200.51 mi27, Rochester Avenue, Canterbury, Kent CT1 3YE3
£525K07/220.51 mi22, Rochester Avenue, Canterbury, Kent CT1 3YE3
£285K05/210.54 mi2, Sussex Walk, Canterbury, Kent CT1 1RU3
£205K01/230.56 mi20, Glenside Avenue, Canterbury, Kent CT1 1DB3
£205K03/210.56 mi17, Glenside Avenue, Canterbury, Kent CT1 1DB3
£280K05/230.56 mi3, Glenside Avenue, Canterbury, Kent CT1 1DB3
£307K12/220.56 mi22, Glenside Avenue, Canterbury, Kent CT1 1DB3
£265K03/230.56 mi15, Forrester Close, Canterbury, Kent CT1 1DY3
£465K06/210.57 mi14, Vernon Place, Canterbury, Kent CT1 3HG3
£390K10/200.57 mi8, Wells Avenue, Canterbury, Kent CT1 3YB3
£630K03/210.58 mi12, Oaten Hill Place, Canterbury, Kent CT1 3HJ3
£440K01/230.6 mi49, Pilgrims Way, Canterbury, Kent CT1 1XU3
£350K12/220.63 mi5, Turnagain Lane, Canterbury, Kent CT1 2ED3
£640K10/220.63 mi2, Turnagain Lane, Canterbury, Kent CT1 2ED3
£265K03/210.63 mi14, Riverdale Road, Canterbury, Kent CT1 1DH3
£441K12/220.66 mi6, St Radigunds Street, Canterbury, Kent CT1 2AA3
£232.5K05/230.66 mi12, South Street, Canterbury, Kent CT1 1EA3
£610K01/210.68 mi3, Best Lane, Canterbury, Kent CT1 2JB3
£480K11/220.68 mi1, Randolph Close, Canterbury, Kent CT1 3AZ3

Local Rents

50 rents from £420/mo to £3K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,74012/240.06 mi-3
£1,35003/240.07 miEdenbridge House, Canterbury, CT1 1QF3
£1,65003/240.08 mi-3
£1,37504/240.08 miPretoria Road, Canterbury3
£1,48503/240.14 miCollege Court, College Road, Canterbury3
£1,46003/240.14 miCollege Road, Canterbury - Ref 24523
£1,30003/240.32 miHavelock Street, Canterbury3
£1,15004/240.34 miPyott Mews, CANTERBURY3
£1,50003/240.34 mi-3
£1,50003/240.34 miNonsuch Close, Canterbury, CT13
£1,50003/240.34 miAlbert Road, Canterbury3
£1,40004/240.35 miPyott Mews, Canterbury3
£1,40005/240.36 miPyott Mews, Canterbury, CT13
£60003/240.37 mi3 Bedroom Student Home -CCCU3
£66503/240.37 miWemyss Court (Near CCCU)3
£1,35003/240.37 miWemyss Court, Millitary road, Canterbury3
£1,30004/240.38 miJessica Mews, Canterbury3
£1,50003/240.38 miBroad Street, Canterbury - Ref 19343
£3,00004/250.39 mi-3
£67503/240.39 miStarle Close3
£1,59503/250.41 mi-3
£1,52003/240.41 miClyde Street, Canterbury, CT13
£1,52005/240.41 miClyde Street, Canterbury, CT13
£1,37503/240.41 miClyde Street, Canterbury, Kent, CT13
£1,41003/240.42 miIvy Lane, Canterbury3
£1,42003/240.42 miIvy Lane, Canterbury Ref - 26453
£1,29504/250.44 mi-3
£1,65004/250.45 mi-3
£1,35005/240.45 miSpring Lane, Canterbury3
£1,40003/240.45 miHoneywood Close, Canterbury3
£1,50003/240.47 miBroad Street, Canterbury, Kent, CT13
£1,40004/240.47 miBroad Street, Canterbury, CT13
£1,50003/240.47 miBroad Street, CANTERBURY3
£1,52003/250.47 mi-3
£1,38503/240.47 miNorthgate, Canterbury, CT13
£1,28004/240.47 miGore Mews, Canterbury Ref - 753
£1,70002/240.47 mi-3
£1,97203/240.47 mi-3
£1,80004/250.47 mi-3
£42003/240.48 miCalcraft Mews, Canterbury3
£1,25005/240.48 miSturry Road, Canterbury3
£1,65003/240.49 miNorthgate, Canterbury, CT13
£1,65005/240.49 miNorthgate, Canterbury, CT13
£1,30001/250.5 mi-3
£1,15003/240.5 miNorthgate, Canterbury Ref - 12123
£1,60004/250.51 mi-3
£1,53502/240.51 mi-3
£1,50005/240.52 miBaldock Road Canterbury CT13
£1,45003/240.52 miBaldock Road, CANTERBURY3
£1,54003/240.53 miSt Johns Place, Canterbury Ref - 13223

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.59 miles away

Nearest school

0.30 miles away

Nearest train station

0.91 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Price changed to £360,000

March 28, 2025

Listed for £375,000

December 18, 2024

Floor Plans

Description

  • Near Canterbury City Centre +
  • Potential to Extend +
  • Driveway +
  • Garage +
  • Rear Garden +
  • No Onward Chain +

We are delighted to present this charming 3-bedroom semi-detached house, located in a highly sought-after area on the outskirts of Canterbury city centre. Perfectly suited for families looking for a comfortable home or investors seeking a property with strong rental potential, this property offers a fantastic opportunity to make your mark.

The property is well-presented throughout and offers generous living accommodation, including a large living room, a separate dining area, and a functional kitchen. Upstairs, there are three well-proportioned bedrooms, ideal for a growing family. The current owners have lovingly cared for the home, but there is still great potential for those looking to further extend or modernise, with scope for a side extension or loft conversion (subject to planning permission).

The private garden to the rear provides a peaceful outdoor space for relaxation or family gatherings, while the front driveway offers off road parking.

Location:
St Martins Close is ideally situated on the edge of Canterbury, offering a peaceful suburban feel while remaining close to all the city’s amenities. The historic city centre, with its array of shops, restaurants, and cultural attractions, is just a short drive away. Public transport links are excellent, with regular bus services and Canterbury East Station providing easy access to London and other surrounding areas. Families will appreciate the proximity to well-regarded schools and parks, making this an ideal location for growing families.

Agent Details

haart, covering Canterbury

01227 538075

Next Steps?

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