3 Bed Semi-Detached House, Refurb/BRRR, Canterbury, CT4 8BX, £375,000

Alexandra Villas, The Street, Chilham, Kent, CT4 8BX - 1 views - 3 months ago

Motivated
Refurb/BRRR
~93 m²
+11 photos

ValuationOvervalued

Sold Prices£250K - £860K
Sold Prices/m²£2.1K/m² - £7.6K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£325,500

 

 

End Value (After Refurb)

£404,348

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£44,411

Bridging Loan Interest

£9,844

Total Cash In

£168,454

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£404,348

Mortgage (After Refinance)

£303,261

Mortgage LTV

75%

Cash Released

£22,011

Cash Left In

£146,443

Equity

£101,087

Rent Range

£775 - £2,369

Rent Estimate

£1,522

Running Costs/mo

£1,588

Cashflow/mo

£-66

Cashflow/yr

£-792

Gross Yield

5%

Local Sold Prices

51 sold prices from £250K to £860K, average is £328K. £2.1K/m² to £7.6K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£610K09/220.07 mi1, Church Hill, Chilham, Canterbury, Kent CT4 8DA3
£440K01/210.19 miBeech Cottage, Branch Road, Chilham, Canterbury, Kent CT4 8DR3
£328K02/210.47 mi19, Bagham Place, Chilham, Canterbury, Kent CT4 8DF3
£480K05/210.69 miJayser, Cobbs Hill, Old Wives Lees, Canterbury, Kent CT4 8AL3
£755K06/210.69 miVine Cottage, Cobbs Hill, Old Wives Lees, Canterbury, Kent CT4 8AL3
£340K10/210.72 mi1, Cherry Orchard, Old Wives Lees, Canterbury, Kent CT4 8BQ3
£365K08/210.73 miMsida, Long Hill, Old Wives Lees, Canterbury, Kent CT4 8BN3
£380K09/220.83 mi6, Cobbs Hill, Old Wives Lees, Canterbury, Kent CT4 8AR3
£360K03/210.83 mi8, Northdowns Close, Old Wives Lees, Canterbury, Kent CT4 8BP3
£317K04/210.83 mi7, Northdowns Close, Old Wives Lees, Canterbury, Kent CT4 8BP3
£315K05/221.08 mi4, Lees Terrace, Old Wives Lees, Canterbury, Kent CT4 8AN3
£580K04/231.29 miHylbodor, Shalmsford Road, Chilham, Canterbury, Kent CT4 8AD3
£365K11/211.79 mi93, Shalmsford Street, Chartham, Canterbury, Kent CT4 7RN3
£495K04/211.79 mi2, Coes Cottages, Shottenden, Canterbury, Kent CT4 8JA3
£300K03/211.82 mi60, Shalmsford Street, Chartham, Canterbury, Kent CT4 7RH3
£287.5K06/211.86 mi97, Shalmsford Street, Chartham, Canterbury, Kent CT4 7RQ3
£305K02/211.91 mi74, Shalmsford Street, Chartham, Canterbury, Kent CT4 7RD3
£304K12/222.02 mi118, Shalmsford Street, Chartham, Canterbury, Kent CT4 7QW3
£315K04/212.05 mi157, Shalmsford Street, Chartham, Canterbury, Kent CT4 7QU3
£550K12/202.09 miMillers House, Ashford Road, Chartham, Canterbury, Kent CT4 7NY3
£285K06/232.19 mi16, Arnold Road, Chartham, Canterbury, Kent CT4 7QL3
£300K02/212.31 mi62, Highland Road, Chartham, Canterbury, Kent CT4 7QQ3
£300K09/212.31 mi66, Highland Road, Chartham, Canterbury, Kent CT4 7QQ3
£300K09/212.31 mi58, Highland Road, Chartham, Canterbury, Kent CT4 7QQ3
£316K06/212.36 mi223, Shalmsford Street, Chartham, Canterbury, Kent CT4 7PY3
£605K12/202.42 mi2, Line Cottages, Crundale, Canterbury, Kent CT4 7EA3
£305K10/222.43 mi56, Rentain Road, Chartham, Canterbury, Kent CT4 7JL3
£860K03/232.44 mi10, Selling Court, Selling, Faversham, Kent ME13 9RJ3
£332.5K04/212.46 miMartins Cottage, The Green, Chartham, Canterbury, Kent CT4 7JW3
£345K01/212.46 mi3, The Green, Chartham, Canterbury, Kent CT4 7JW3
£405K06/222.49 mi6, De Langle Row, Chartham, Canterbury, Kent CT4 7JP3
£522K11/212.64 miSparrow Hatch, Canterbury Road, Bilting, Ashford, Kent TN25 4HF3
£250K11/202.7 mi11, Laurel Way, Chartham, Canterbury, Kent CT4 7TJ3
£293K11/222.7 mi2, Almond Court, Chartham, Canterbury, Kent CT4 7TL3
£300K12/202.71 mi20, Almond Court, Chartham, Canterbury, Kent CT4 7TL3
£290K07/222.71 mi11, Almond Court, Chartham, Canterbury, Kent CT4 7TL3
£415K12/202.82 miThe Gate House, Beech Avenue, Chartham, Canterbury, Kent CT4 7TA3
£275K02/212.83 mi15, Chaplains Walk, Chartham, Canterbury, Kent CT4 7TY3
£325K08/212.83 mi11, Chaplains Walk, Chartham, Canterbury, Kent CT4 7TY3
£500K12/202.84 mi2, Red Tile Cottages, Garlinge Green, Canterbury, Kent CT4 5RT3
£500K12/202.84 mi2, Red Tile Cottages, Garlinge Green, Canterbury, Kent CT4 5RT3
£685K06/212.87 miClarks Barn, Gushmere, Selling, Faversham, Kent ME13 9RH3
£255K06/212.88 mi49, Gardeners Place, Chartham, Canterbury, Kent CT4 7TR3
£300K06/212.88 mi26, Gardeners Place, Chartham, Canterbury, Kent CT4 7TR3
£553K12/202.91 miForge House, The Street, Molash, Canterbury, Kent CT4 8HH3
£342K09/222.91 mi11, Godfrey Gardens, Chartham, Canterbury, Kent CT4 7TT3
£267K02/212.92 mi3, Godfrey Gardens, Chartham, Canterbury, Kent CT4 7TT3
£492.5K03/212.92 miPenny Cottage, Pound Lane, Molash, Canterbury, Kent CT4 8HQ3
£267.5K08/222.95 mi52, Gardeners Place, Chartham, Canterbury, Kent CT4 7TR3
£322.5K12/202.98 miBrickwood, Bigbury Road, Chartham Hatch, Canterbury, Kent CT4 7ND3
£260K01/212.98 mi41, Tower View, Chartham, Canterbury, Kent CT4 7TQ3

Local Rents

12 rents from £775/mo to £2.4K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,15012/240.25 mi3 Dovecote Court, Chilham Castle Estate, Chilham, Canterbury, CT42
£2,20012/241.4 miShalmsford Bridge, Chilham, Canterbury3
£1,50012/241.64 miKingfisher Place, Chartham2
£1,10003/241.81 mi-1
£1,65012/241.82 mi-4
£1,65012/241.82 mi-4
£1,20012/241.87 miBrevin Bungalow in Chartham 3
£2,36911/241.9 mi-3
£1,90004/251.9 mi-3
£1,30004/252.02 mi-2
£77512/242.41 miWoodside Avenue, Chartham1
£1,75005/242.42 miHop Pickers Close, Selling, Nr Faversham4

Local Area Statistics

Population in ct4

16,587

Population in Canterbury

65,078

Town centre distance

6.12 miles away

Nearest school

0.50 miles away

Nearest train station

0.57 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+49%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Listed for £375,000

February 4, 2025

Floor Plans

Description

  • Freehold, Council Tax Band E +
  • Three Bedroom Charming Tudor Style Cottage +
  • No Onward Chain +
  • In Need Of Some Cosmetic Decoration +
  • Located Within A Beautiful Village +
  • Close To Local Amenities & Schools +
  • Excellent Road & Transport Links +
  • Private Courtyard Garden +
  • Viewing Highly Advised! +

A great opportunity to create your forever home in a peaceful and well-connected area, being 5.5 miles from Canterbury and an hour from London via High Speed 1! Offering NO CHAIN you will find a generous bay-fronted lounge and modern kitchen with a conservatory beyond. There are three bedrooms and a Private Courtyard Style Rear Garden. Call now to View

Charming Tudor-Style Home in the Heart of Chilham - No Chain

An exceptional opportunity to create your forever home or secure an ideal investment in one of England's most beautiful and sought-after villages. This characterful Tudor-style semi-detached home is set in the picturesque Kentish village of Chilham, offering a perfect blend of historic charm and modern convenience.

With excellent connectivity, Canterbury is just 5.5 miles away, and London is accessible in just an hour via High Speed 1 from Canterbury or Ashford. The stunning Kent coast is also within easy reach, just 25 minutes from your doorstep.

Property Features:

Spacious Living Areas - A generous bay-fronted lounge with a cozy wood burner, a separate dining room, and a modern fitted kitchen.

Conservatory - A bright and airy space, perfect for relaxing or entertaining.

Three Bedrooms - Offering flexibility to suit your lifestyle needs.

Private Courtyard Garden - A delightful two-tiered outdoor space providing privacy and potential for a charming retreat, complete with a high-quality outdoor WC.

Chilham is rich in history and community spirit, featuring a stunning Norman castle, a historic church dating back to the 7th century, and an array of local amenities, including schools, sports clubs, shopping facilities, and excellent food and drink establishments.

This property is offered with no onward chain and is expected to generate significant interest. Early viewing is highly recommended to avoid missing out on this rare find.

Contact us today to arrange your viewing

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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

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