3 Bed Semi-Detached House, Planning Permission, Canterbury, CT1 1RH, £270,000

Somerset Road, Canterbury, Kent, CT1 1RH - 2 views - 3 months ago

Planning
ROI: 2%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£209K - £775K
Sold Prices/m²£2.8K/m² - £5.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.9K/m²

Value Estimate

£347,576
BMV16%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£12,700

Total Cash In

£80,200

 

 

Cash Out

 

Rent Range

£600 - £1,740

Rent Estimate

£1,350

Running Costs/mo

£1,134

Cashflow/mo

£216

Cashflow/yr

£2,595

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £209K to £775K, average is £308.8K. £2.8K/m² to £5.4K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£315K06/230.04 mi19, Devon Road, Canterbury, Kent CT1 1RP3
£311K03/230.09 mi35, Kent Avenue, Canterbury, Kent CT1 1RN3
£285K05/210.18 mi2, Sussex Walk, Canterbury, Kent CT1 1RU3
£242K01/210.18 mi3, Nonsuch Close, Canterbury, Kent CT1 1FE3
£365.1K02/210.28 mi64, St Martins Hill, Canterbury, Kent CT1 1PS3
£307K06/210.29 mi3, Windmill Close, Canterbury, Kent CT1 1PT3
£215K12/200.32 mi15, Querns Road, Canterbury, Kent CT1 1PX3
£500K06/210.33 mi3, Byron Close, Canterbury, Kent CT1 1XN3
£209K01/210.34 mi46, Querns Road, Canterbury, Kent CT1 1PZ3
£440K01/230.36 mi49, Pilgrims Way, Canterbury, Kent CT1 1XU3
£410K03/210.45 mi2, Kings Park, Canterbury, Kent CT1 1QH3
£290K06/210.48 mi7, Pretoria Road, Canterbury, Kent CT1 1QL3
£290K06/210.49 mi7, Pretoria Road, Canterbury, Kent CT1 1QL3
£370K12/200.49 mi27, Rochester Avenue, Canterbury, Kent CT1 3YE3
£525K07/220.49 mi22, Rochester Avenue, Canterbury, Kent CT1 3YE3
£390K10/200.51 mi8, Wells Avenue, Canterbury, Kent CT1 3YB3
£307.5K11/210.52 mi6, St Martins Road, Canterbury, Kent CT1 1QW3
£270K01/210.52 mi5, St Martins Road, Canterbury, Kent CT1 1QW3
£275K02/210.52 mi9, St Martins Road, Canterbury, Kent CT1 1QW3
£385K10/220.53 mi52, St Martins Road, Canterbury, Kent CT1 1QP3
£365K03/210.53 mi50, St Martins Road, Canterbury, Kent CT1 1QP3
£520K08/220.55 mi21, Stanmore Court, Canterbury, Kent CT1 3DS3
£260K02/210.57 mi19, College Road, Canterbury, Kent CT1 1QX3
£425K09/210.57 mi24, Barton Road, Canterbury, Kent CT1 1YQ3
£485K10/220.57 mi25, Mount Road, Canterbury, Kent CT1 1YD3
£230K09/210.61 mi47, Edgar Road, Canterbury, Kent CT1 1NS3
£305K05/210.62 mi21, Albert Road, Canterbury, Kent CT1 1UJ3
£485K04/210.63 mi107, New Dover Road, Canterbury, Kent CT1 3ED3
£237.5K12/200.63 mi12, Craddock Road, Canterbury, Kent CT1 1YP3
£268K05/210.63 mi4, Craddock Road, Canterbury, Kent CT1 1YP3
£250K08/230.63 mi13, Craddock Road, Canterbury, Kent CT1 1YP3
£310K07/230.66 mi12, Edward Road, Canterbury, Kent CT1 1UH3
£410K03/210.67 mi12, St Lawrence Road, Canterbury, Kent CT1 3EY3
£515K05/230.67 miThe Spinney, St Lawrence Road, Canterbury, Kent CT1 3EY3
£450K09/220.72 mi123, Old Dover Road, Canterbury, Kent CT1 3NX3
£265K03/230.73 mi15, Forrester Close, Canterbury, Kent CT1 1DY3
£330K06/210.75 mi7, Love Lane, Canterbury, Kent CT1 1TZ3
£260K07/230.76 mi7, Clement Close, Canterbury, Kent CT1 1HW3
£380K09/210.78 mi40, Broad Street, Canterbury, Kent CT1 2LR3
£480K11/220.81 mi1, Randolph Close, Canterbury, Kent CT1 3AZ3
£265K03/230.82 mi1, Metcalfe Mews, Canterbury, Kent CT1 1JD3
£250K12/200.83 mi77, Reed Avenue, Canterbury, Kent CT1 1EJ3
£775K09/220.83 mi30, St Lawrence Forstal, Canterbury, Kent CT1 3PA3
£270K03/210.83 mi9, Dickens Avenue, Canterbury, Kent CT1 1EQ3
£630K03/210.83 mi12, Oaten Hill Place, Canterbury, Kent CT1 3HJ3
£250K07/230.84 mi95, Broad Street, Canterbury, Kent CT1 2LU3
£465K06/210.85 mi14, Vernon Place, Canterbury, Kent CT1 3HG3
£232.5K05/230.85 mi12, South Street, Canterbury, Kent CT1 1EA3
£235K11/210.85 mi8, Conrad Avenue, Canterbury, Kent CT1 1EF3
£270K01/230.87 mi102, Tennyson Avenue, Canterbury, Kent CT1 1ER3

Local Rents

19 rents from £600/mo to £1.7K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50003/240.17 miNonsuch Close, Canterbury, CT13
£1,50003/240.17 mi-3
£1,65003/250.2 mi-3
£1,35004/240.21 miSussex Avenue, CT13
£1,35005/240.22 miSpring Lane, Canterbury3
£1,50005/240.24 miBaldock Road Canterbury CT13
£1,45003/240.24 miBaldock Road, CANTERBURY3
£60003/240.27 mi3 Bedroom Student Home -CCCU3
£1,65004/240.32 miChaucer Close, CANTERBURY3
£1,50002/250.34 mi-3
£1,35004/240.35 mi14 Sevastopol Place, Canterbury, Kent, CT13
£1,65003/240.36 miVilliers Road, Pilgrims Place, Canterbury, CT13
£1,35003/240.41 miEdenbridge House, Canterbury, CT1 1QF3
£1,74012/240.48 mi-3
£1,37504/240.48 miPretoria Road, Canterbury3
£1,65003/240.48 mi-3
£1,48503/240.55 miCollege Court, College Road, Canterbury3
£1,46003/240.56 miCollege Road, Canterbury - Ref 24523
£1,50003/240.62 miAlbert Road, Canterbury3

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.99 miles away

Nearest school

0.30 miles away

Nearest train station

1.20 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Price changed to £270,000

March 8, 2025

Listed for £300,000

January 25, 2025

Floor Plans

Description

  • Spacious family home +
  • Popular location close to city centre +
  • Blank canvas for you to put your own stamp on +
  • Potential to extend and develop subject to the necessary planning permissions being obtained +
  • Original doors and high ceilings with well proportioned rooms +

Are you looking for a home to put you own stamp on? Then look no further than this charming semi detached house that has been home to the current owner for 50 years. Houses with this much potential and in this location are rare, book your viewing today.

Room sizes:

  • Entrance Hallway
  • Lounge: 14'3 x 10'7 (4.35m x 3.23m)
  • Dining Room: 10'10 x 9'11 (3.30m x 3.02m)
  • Kitchen: 10'8 x 9'7 (3.25m x 2.92m)
  • Landing
  • Bathroom
  • Bedroom 1: 14'0 x 9'0 (4.27m x 2.75m)
  • Bedroom 2: 10'8 x 10'6 (3.25m x 3.20m)
  • Bedroom 3: 10'3 x 7'0 (3.13m x 2.14m)
  • Separate Toilet
  • Storage Room 1
  • Storage Room 2
  • Front Garden
  • Rear Garden  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Canterbury

01227 202630

Next Steps?

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