5 Bed HMO, Canterbury, CT2 7QZ £300,000

Ulcombe Gardens, Canterbury, CT2 7QZ - 10 months ago
HMO
Inside Article 4
ROI: 7%
~178 m²
Property image

ValuationUndervalued

Sold Prices£220K - £1.6M
Sold Prices/m²£2.2K/m² - £11.6K/m²

 

 

Square Metres

~178.28 m²
Price/m²£1.7K/m²

Value Estimate

£363,000
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£21,200

Total Cash In

£96,200

 

 

Cash Out

 

Room Rate

£520

Gross Rent

£2,600

Running Costs/mo

£2,048

Cashflow/mo

£552

Cashflow/yr

£6,621

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £220K to £1.6M, average is £623.3K. £2.2K/m² to £11.6K/m², average is £3.5K/m².

Price
Date
Distance
Address
Beds
 
£290K09/210.12 mi55, Kemsing Gardens, Canterbury, Kent CT2 7RF5
£325K05/230.18 mi4, Westerham Close, Canterbury, Kent CT2 7TZ5
£290K09/210.2 mi9, Montfort Close, Canterbury, Kent CT2 7DA5
£265K11/220.22 mi43, Tunstall Road, Canterbury, Kent CT2 7BX5
£300K06/210.31 mi26, Long Meadow Way, Canterbury, Kent CT2 7DF5
£621.5K06/210.32 mi10, Abbey Gardens, Canterbury, Kent CT2 7EU5
£265K03/250.38 mi16, Long Meadow Way, Canterbury CT2 7BT5
£265K03/250.38 mi16, Long Meadow Way, Canterbury CT2 7BT5
£860K01/230.42 mi5, Westwood Drive, Canterbury, Kent CT2 7WY5
£260K11/210.45 mi87, Downs Road, Canterbury, Kent CT2 7TW5
£910K10/240.47 mi17, Manwood Avenue, Canterbury CT2 7AF5
£910K10/240.47 mi17, Manwood Avenue, Canterbury CT2 7AF5
£635K12/220.57 mi39, St Stephens Road, Canterbury, Kent CT2 7JD5
£625K08/240.82 mi8, Brockenhurst Close, Canterbury CT2 7RX5
£1.5M08/250.98 mi1 3, St Peter's Lane, Canterbury CT1 2BP5
£285K03/250.98 mi15, Rushmead Close, Canterbury, Kent CT2 7RP5
£975K08/220.99 mi34, Harkness Drive, Canterbury, Kent CT2 7RW5
£336K06/211.01 mi10, Rushmead Close, Canterbury, Kent CT2 7RP5
£1.0M07/251.05 mi23, Harkness Drive, Canterbury CT2 7RW5
£966K02/231.12 mi9, Woodland Way, Canterbury, Kent CT2 7LS5
£683K03/251.12 mi9, St Martin's Hill, Canterbury CT1 1PW5
£860K02/251.13 mi15, St Dunstan's Terrace, Canterbury CT2 8AX5
£860K02/251.13 mi15, St Dunstan's Terrace, Canterbury CT2 8AX5
£885K11/241.16 mi26, St Martin's Hill, Canterbury CT1 1PP5
£1.1M12/241.17 mi18, St Thomas Hill, Canterbury CT2 8EH5
£1.1M12/241.17 mi18, St Thomas Hill, Canterbury CT2 8EH5
£770K12/221.3 mi6, Richmond Gardens, Canterbury, Kent CT2 8ES5
£950K11/221.3 mi15, Dane John, Canterbury, Kent CT1 2QU5
£595K09/241.4 mi63, Rochester Avenue, Canterbury CT1 3YE5
£865K12/241.41 mi55, Old Dover Road, Canterbury CT1 3DE5
£220K07/251.43 mi36, Suffolk Road, Canterbury CT1 1SA5
£900K03/251.48 mi76, Old Dover Road, Canterbury CT1 3AY5
£900K03/251.48 mi76, Old Dover Road, Canterbury CT1 3AY5
£1.6M01/251.49 mi4 City View, Puckle Lane, Canterbury CT1 3JX5
£1.6M01/251.49 mi4 City View, Puckle Lane, Canterbury CT1 3JX5
£450K02/251.51 mi29, Nunnery Road, Canterbury, Kent CT1 3LU5
£315K08/241.51 mi22a, Miller Avenue, Harbledown, Canterbury, Kent CT2 8PA5
£350K01/251.53 mi7, Cumberland Avenue, Canterbury CT1 1SL5
£265K03/251.55 mi19, Martyrs' Field Road, Canterbury CT1 3PT5
£545K06/211.55 mi2, Old Vicarage Garden, Sturry, Canterbury, Kent CT2 0TY5
£475K06/251.57 mi90, Wincheap, Canterbury CT1 3RS5
£475K06/251.57 mi90, Wincheap, Canterbury CT1 3RS5
£815K06/241.59 mi64, Sturry Hill, Canterbury CT2 0NH5
£670K05/211.61 mi26, Lichfield Avenue, Canterbury, Kent CT1 3YA5
£580K07/231.63 miMtunzini, Park View, Sturry, Canterbury, Kent CT2 0NW5
£285K06/211.64 mi4, Harbledown Terrace, Harbledown, Canterbury, Kent CT2 9AB5
£470K10/211.72 mi29a, Island Road, Sturry, Canterbury, Kent CT2 0EB5
£945K08/241.75 mi43, Ethelbert Road, Canterbury CT1 3NF5
£460K06/211.75 mi21, Barton Road, Canterbury, Kent CT1 1YQ5
£415K06/211.86 mi21, Homewood Road, Sturry, Canterbury, Kent CT2 0JP5

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

0.47 miles away

Nearest school

0.40 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+37%

Sales demand

Seller's market

Capital growth (5yrs)

+11%

Property History

Listed for £300,000

January 13, 2025

Sold for £220,000

2013

Sold for £185,000

2004

Floor Plans

Property image

Description

  • Currently a HMO Let +
  • Spacious End-Terrace Bungalow +
  • Five Double Bedrooms +
  • 18ft Lounge/Diner +
  • Low Maintenance Rear Garden +
  • Shower Room with Separate W.C +
  • Garage En-Bloc +
  • No Forward Chain +

This extended end-terrace bungalow benefits from ample living accommodation and within close proximity to Canterbury City Centre and educational facilities.
Currently let out as a student let with fully HMO licence. As you enter the property you are greeted by a good size entrance hall leading to the kitchen, large lounge/diner with vaulted ceilings, four double bedrooms, family bathroom and separate W.C.
The low maintenance rear garden is mainly laid to paving with rear access. Garage en-bloc.

Ulcombe Gardens is situated within the 'Hales Place' development which is just 1.5 miles away from the city centre. There are bus stops along Headcorn Drive with regular links in and around Canterbury. Canterbury has a large shopping complex Whitefriars and an array of different shops offering a modern shopping experience. The main bus station for Canterbury is next to the shopping complex.
Canterbury West station is 1.3 miles away from the property which has high speed services to London St Pancras.

Enclosed Porch
Glazed painted wood front entrance door to enclosed porch. Tiled flooring.

Entrance Hall
Front entrance door. Radiator. Access to loft with light. Laminate flooring.

Cloakroom
Suite in white comprising wall hung wash hand basin and low level WC. Tiled walls. Tiled flooring.

Lounge/Diner - 18' 7 x 13' 10 (5.67m x 4.22m)
Window to side and rear. Radiator. Sliding doors to rear garden. Laminate flooring.

Kitchen - 9' 4 x 7' 6 (2.85m x 2.29m)
The kitchen is planned with a matching range of wall and base units arranged on three walls. Inset stainless steel sink unit. Partially tiled walls. Inset electric hob with stainless steel extractor cooker hood above and built-in fan assisted electric oven below. Plumbing for washing machine. Window to front. Radiator. Tiled flooring.

Bedroom 1 - 12' 4 x 10' 1 (3.76m x 3.08m)
Window to rear. Radiator.

Bedroom 2 - 12' 5 x 10' 0 (3.79m x 3.05m)
Window to rear.

Bedroom 3 - 11' 3 x 7' 0 (3.43m x 2.14m)
Window to front. Radiator.

Bedroom 4 - 10' 2 x 8' 11 (3.1m x 2.72m)
Window to side. Radiator.

Bedroom 5 - 12' 7 x 7' 8 (3.84m x 2.34m)
Window to rear. Radiator.

Shower Room - 8' 2 x 5' 0 (2.49m x 1.53m)
Suite in white comprising fully tiled shower cubicle with electric shower unit, pedestal wash hand basin and WC with concealed cistern. Heated towel rail. Tiled walls. Frosted window to front. Tiled flooring. Extractor fan.

Rear Garden
Mainly laid to paved patio. Gated rear access. Enclosed with fencing.

Other Information
Please note the property is being sold with tenants insitu.

Main Services
The following mains services are connected to the property electricity, water, gas, drainage and a telephone line. All services will be subject to the appropriate companies transfer conditions.

Heating
Central heating is provided by a gas fired boiler situated in the loft and hot water radiators as indicated in these particulars.

Windows
The windows are generally of double glazed sealed units.

Tenure
The property is to be sold Freehold with vacant possession.

Council Tax
We are advised by the Valuation Office that the property is currently within Council Tax Band C. The amount payable under tax band C for the year 2025/2026 is £2,047.33.

Viewing
Please ring us to make an appointment. We are open from 9am to 6pm Monday to Friday, 9am to 5pm Saturdays and by appointment only on Sundays.

Agent Notes
Kent Estate Agencies gives notice for themselves and for the sellers of the property, whose agents they are that any floor plans, plans or mapping and measurements are approximate quoted in metric with imperial equivalents. All are for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on. The measurements are provided in accordance with the R.I.C.S. Code of Measuring Practice 6th edition. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested and therefore no guarantee can be given that they are in working order. Photographs are reproduced for general information and it must not be inferred that any item shown is included with the property. Prospective purchasers or lessees should seek their own professional advice. Kent Estate Agencies retain the copyright in all advertising material used to market this property. No person in the employment of Kent Estate Agencies has any authority to make any representation or warranty whatever in relation to this property. Purchase prices, rents or other prices quoted are correct at the date of publication and, unless otherwise stated, exclusive of VAT. For a free valuation of your property contact the number on this brochure. Printed 13th January 2025

Agent Details

Kent Estate Agencies, Tankerton

01227 204517

Next Steps?

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