4 Bed HMO, Canterbury, CT1 1PY, £260,000

Querns Place, Canterbury, CT1 1PY - 3 months ago

Sold STC
HMO
ROI: 9%
~85 m²
+3 photos

ValuationUndervalued

Sold Prices£195K - £970K
Sold Prices/m²£1.9K/m² - £6.2K/m²

 

 

Square Metres

~85.20 m²
Price/m²£3.1K/m²

Value Estimate

£279,429
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£17,200

Total Cash In

£82,200

 

 

Cash Out

 

Room Rate

£589

Gross Rent

£2,356

Running Costs/mo

£1,772

Cashflow/mo

£584

Cashflow/yr

£7,007

ROI

9%

Gross Yield

11%

Local Sold Prices

50 sold prices from £195K to £970K, average is £460K. £1.9K/m² to £6.2K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£350K03/210.1 mi14, St Martins Close, Canterbury, Kent CT1 1QG4
£353K01/230.18 mi19, North Holmes Road, Canterbury, Kent CT1 1QR4
£280K11/210.22 mi48, College Road, Canterbury, Kent CT1 1QX4
£268K07/210.22 mi38, College Road, Canterbury, Kent CT1 1QX4
£605K03/210.23 mi8, Kings Park, Canterbury, Kent CT1 1QH4
£790K10/220.25 mi30, St Augustines Road, Canterbury, Kent CT1 1XR4
£272K07/210.29 mi27, Albert Road, Canterbury, Kent CT1 1UJ4
£640K12/200.38 mi10, Stanmore Court, Canterbury, Kent CT1 3DS4
£562K11/220.4 mi46, Rochester Avenue, Canterbury, Kent CT1 3YE4
£695K04/210.4 mi18, New Dover Road, Canterbury, Kent CT1 3AP4
£460K02/210.42 mi2, Lincoln Avenue, Canterbury, Kent CT1 3YD4
£850K05/210.45 mi20, Ersham Road, Canterbury, Kent CT1 3AR4
£635K06/210.46 mi19, Pilgrims Way, Canterbury, Kent CT1 1XU4
£620K01/210.46 mi24, Pilgrims Way, Canterbury, Kent CT1 1XU4
£230K12/200.46 mi20, New Ruttington Lane, Canterbury, Kent CT1 1LS4
£580K10/220.46 mi25, Wells Avenue, Canterbury, Kent CT1 3YB4
£375K03/210.51 mi17, Chaucer Close, Canterbury, Kent CT1 1XZ4
£231K09/210.55 mi5, Rutland Close, Canterbury, Kent CT1 1SD4
£250K03/210.56 mi59, Sussex Avenue, Canterbury, Kent CT1 1SE4
£460K06/210.56 mi71, Pilgrims Way, Canterbury, Kent CT1 1YA4
£230K02/210.56 mi2, Honeywood Close, Canterbury, Kent CT1 1XF4
£290K06/230.58 mi26, Cowdrey Place, Canterbury, Kent CT1 3PD4
£288K03/230.58 mi2, Gore Mews, Canterbury, Kent CT1 1JB4
£535K06/210.58 mi94, Old Dover Road, Canterbury, Kent CT1 3PF4
£275K10/220.59 mi26, Brymore Road, Canterbury, Kent CT1 1JE4
£285K10/220.61 mi8, New Town Street, Canterbury, Kent CT1 1BX4
£721.1K06/210.64 mi78a, New Dover Road, Canterbury, Kent CT1 3EQ4
£635K10/220.64 mi1, Milton Close, Canterbury, Kent CT1 1YJ4
£600K01/230.65 mi4, Abbots Place, Canterbury, Kent CT1 2AH4
£440K06/210.66 mi23, Barton Road, Canterbury, Kent CT1 1YQ4
£260K06/210.66 mi10, Forrester Close, Canterbury, Kent CT1 1DY4
£210K02/210.66 mi11, Forrester Close, Canterbury, Kent CT1 1DY4
£195K12/200.66 mi10, Forrester Close, Canterbury, Kent CT1 1DY4
£216K03/210.66 mi18, Glenside Avenue, Canterbury, Kent CT1 1DB4
£295K10/220.66 mi45, Old Park Avenue, Canterbury, Kent CT1 1DN4
£670K03/230.69 mi20, Best Lane, Canterbury, Kent CT1 2JB4
£560K08/210.7 mi8, Blackfriars Street, Canterbury, Kent CT1 2AP4
£615K09/220.72 mi37, St Lawrence Forstal, Canterbury, Kent CT1 3PA4
£900K05/230.72 mi29, St Lawrence Forstal, Canterbury, Kent CT1 3PA4
£685K06/230.72 mi31, Winchester Gardens, Canterbury, Kent CT1 3NA4
£640K09/220.72 mi94, New Dover Road, Canterbury, Kent CT1 3EH4
£658K09/220.72 mi25, St Lawrence Forstal, Canterbury, Kent CT1 3PA4
£750K04/230.75 mi131, New Dover Road, Canterbury, Kent CT1 3EG4
£550K01/210.76 mi1, Cromwell Road, Canterbury, Kent CT1 3LB4
£200K04/230.76 mi14, South Street, Canterbury, Kent CT1 1EA4
£970K06/210.76 miBlackman House, 6a, St Peters Lane, Canterbury, Kent CT1 2BP4
£733.5K09/220.79 mi166, Old Dover Road, Canterbury, Kent CT1 3EX4
£420K03/210.81 mi69, Oxford Road, Canterbury, Kent CT1 3QP4
£405K10/200.81 mi1, Pewter Court, Canterbury, Kent CT1 3QX4
£430K12/200.83 mi27, St Stephens Road, Canterbury, Kent CT2 7JD4

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.87 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £260,000

January 21, 2025

Floor Plans

Description

A four bedroom HMO located in an area favoured by student tenants and offered to the market with no onward chain. The property is very well presented throughout and is rented until June 2025. The accommodation is spacious and comprises a living room, modern kitchen, four double bedrooms and a shower room. There are front and rear gardens, gas fired central heating and the property is fully double glazed.

Council Tax band B

Agent Details

Godwin Curtis Ltd, Canterbury

01227 203903

Next Steps?

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