2 Bed Flat, Planning Permission, Canterbury, CT1 2SX, £200,000





ValuationUndervalued
Sold Prices | £140K - £325K |
Sold Prices/m² | £2.1K/m² - £5.2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £234,521£234,521 |
BMV | 17% |
Investment Opportunity
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £50,000£50,000 |
Stamp Duty & Legal Fees | £12,700£12,700 |
Total Cash In | £62,700£62,700 |
| |
Cash Out | |
Rent Range | £992 - £2,000£992 - £2,000 |
Rent Estimate | £1,200 |
Running Costs/mo | £885£885 |
Cashflow/mo | £315£315 |
Cashflow/yr | £3,780£3,780 |
ROI | 6%6% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £140K to £325K, average is £227.5K. £2.1K/m² to £5.2K/m², average is £3.4K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£220K | 05/21 | 0.03 mi | 78, Bingley Court, Canterbury, Kent CT1 2SW | £2,750 | 80 | 2 | Flat | |
£230K | 05/21 | 0.03 mi | 66, Bingley Court, Canterbury, Kent CT1 2SW | £3,770 | 61 | 2 | Flat | |
£230K | 03/21 | 0.03 mi | 70, Bingley Court, Canterbury, Kent CT1 2SW | £3,710 | 62 | 2 | Flat | |
£230K | 07/23 | 0.03 mi | 73, Bingley Court, Canterbury, Kent CT1 2SW | £2,556 | 90 | 2 | Flat | |
£230K | 01/23 | 0.03 mi | 47, St Andrews Close, Canterbury, Kent CT1 2RT | £2,911 | 79 | 2 | Flat | |
£235K | 01/23 | 0.04 mi | 65, Bingley Court, Canterbury, Kent CT1 2SW | £3,176 | 74 | 2 | Flat | |
£190K | 06/21 | 0.04 mi | 54, St Andrews Close, Canterbury, Kent CT1 2RT | - | - | 2 | Flat | |
£217.5K | 11/20 | 0.04 mi | 62, St Andrews Close, Canterbury, Kent CT1 2RT | £3,063 | 71 | 2 | Flat | |
£220K | 04/21 | 0.04 mi | 49, St Andrews Close, Canterbury, Kent CT1 2RT | - | - | 2 | Flat | |
£310K | 12/21 | 0.12 mi | 44, The Rope Walk, Canterbury, Kent CT1 2FY | £2,067 | 150 | 2 | Flat | |
£229.9K | 11/21 | 0.12 mi | 14, The Rope Walk, Canterbury, Kent CT1 2FY | £3,431 | 67 | 2 | Flat | |
£235K | 10/22 | 0.21 mi | 22, Castle Row, Canterbury, Kent CT1 2QY | £5,226 | 45 | 2 | Flat | |
£230K | 06/21 | 0.22 mi | 17, Old Watling Street, Canterbury, Kent CT1 2DX | £3,175 | 72 | 2 | Flat | |
£320K | 09/21 | 0.22 mi | 60, Old Watling Street, Canterbury, Kent CT1 2DX | £4,000 | 80 | 2 | Flat | |
£295K | 12/20 | 0.22 mi | 62, Old Watling Street, Canterbury, Kent CT1 2DX | £3,598 | 82 | 2 | Flat | |
£255K | 04/23 | 0.22 mi | 48, Old Watling Street, Canterbury, Kent CT1 2DX | £3,072 | 83 | 2 | Flat | |
£215K | 11/20 | 0.23 mi | 15, Old Watling Street, Canterbury, Kent CT1 2DX | £3,209 | 67 | 2 | Flat | |
£290K | 08/23 | 0.28 mi | Flat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG | - | - | 2 | Flat | |
£280K | 06/21 | 0.47 mi | 6, Holman Mews, Canterbury, Kent CT1 3JE | - | - | 2 | Flat | |
£170K | 07/21 | 0.47 mi | Flat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY | - | - | 2 | Flat | |
£198K | 06/23 | 0.47 mi | Flat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY | - | - | 2 | Flat | |
£235K | 09/21 | 0.48 mi | 7, Westerly Mews, Canterbury, Kent CT2 8AQ | £3,456 | 68 | 2 | Flat | |
£225K | 10/20 | 0.49 mi | Flat 2, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA | - | - | 2 | Flat | |
£217K | 01/21 | 0.49 mi | Flat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA | - | - | 2 | Flat | |
£266K | 06/23 | 0.49 mi | Flat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA | - | - | 2 | Flat | |
£227.5K | 05/23 | 0.53 mi | 14, Carriage Mews, Canterbury, Kent CT2 8AL | £4,136 | 55 | 2 | Flat | |
£168K | 03/21 | 0.54 mi | 18, City View, Harbledown, Canterbury, Kent CT2 8PT | £2,667 | 63 | 2 | Flat | |
£250K | 10/20 | 0.55 mi | Flat 6, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB | - | - | 2 | Flat | |
£200K | 02/21 | 0.55 mi | Flat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB | - | - | 2 | Flat | |
£325K | 05/23 | 0.56 mi | Flat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN | £4,710 | 69 | 2 | Flat | |
£270K | 11/20 | 0.56 mi | Flat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN | - | - | 2 | Flat | |
£227.5K | 06/23 | 0.56 mi | 1, Rheims Court, Canterbury, Kent CT2 8LB | £4,292 | 53 | 2 | Flat | |
£210K | 09/21 | 0.57 mi | 7, Homersham, Canterbury, Kent CT1 3RL | £3,211 | 65 | 2 | Flat | |
£176.8K | 01/21 | 0.57 mi | 23, Homersham, Canterbury, Kent CT1 3RL | £2,898 | 61 | 2 | Flat | |
£190K | 06/21 | 0.57 mi | 29a, Homersham, Canterbury, Kent CT1 3RL | £3,276 | 58 | 2 | Flat | |
£205K | 02/23 | 0.57 mi | 35, Mill Lane, Harbledown, Canterbury, Kent CT2 8NE | £3,495 | 59 | 2 | Flat | |
£180K | 10/20 | 0.6 mi | 28, Homersham, Canterbury, Kent CT1 3RG | £3,051 | 59 | 2 | Flat | |
£260K | 01/23 | 0.6 mi | 16, Homersham, Canterbury, Kent CT1 3RG | £3,714 | 70 | 2 | Flat | |
£200K | 11/20 | 0.61 mi | Flat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF | - | - | 2 | Flat | |
£200K | 08/21 | 0.61 mi | Flat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF | - | - | 2 | Flat | |
£210K | 05/23 | 0.61 mi | 12, Sullivan Close, Canterbury, Kent CT1 3TF | - | - | 2 | Flat | |
£245K | 02/21 | 0.61 mi | 20, Orient Place, Canterbury, Kent CT2 8AW | £4,016 | 61 | 2 | Flat | |
£287.5K | 11/22 | 0.61 mi | 42, Orient Place, Canterbury, Kent CT2 8AW | - | - | 2 | Flat | |
£170K | 01/23 | 0.61 mi | Flat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF | - | - | 2 | Flat | |
£215.1K | 06/21 | 0.64 mi | 16, Scott Avenue, Canterbury, Kent CT1 3RN | £3,526 | 61 | 2 | Flat | |
£140K | 12/21 | 0.65 mi | 85, George Roche Road, Canterbury, Kent CT1 3FF | £2,692 | 52 | 2 | Flat | |
£160K | 10/22 | 0.66 mi | Flat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ | - | - | 2 | Flat | |
£230K | 05/21 | 0.68 mi | 129, Station Road West, Canterbury, Kent CT2 8DE | £3,594 | 64 | 2 | Flat | |
£233K | 08/21 | 0.68 mi | 163, Station Road West, Canterbury, Kent CT2 8DE | £3,758 | 62 | 2 | Flat | |
£220K | 10/22 | 0.7 mi | 91, Station Road West, Canterbury, Kent CT2 8SE | £5,116 | 43 | 2 | Flat |
Local Rents
50 rents from £992/mo to £2K/mo, average is £1.3K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,300 | 03/24 | 0 mi | Bingley Court, Canterbury | 2 | Flat | |
£1,400 | 03/24 | 0 mi | Bingley Court, Canterbury | 2 | Flat | |
£1,200 | 03/24 | 0 mi | Bingley Court, CANTERBURY | 2 | Flat | |
£1,275 | 04/24 | 0.02 mi | Bingley Court, Canterbury, CT1 | 2 | Flat | |
£992 | 02/25 | 0.03 mi | - | 2 | Flat | |
£1,350 | 03/24 | 0.03 mi | Bingley Court, Canterbury | 2 | Flat | |
£1,400 | 03/24 | 0.03 mi | Bingley Court | 2 | Flat | |
£1,400 | 03/24 | 0.04 mi | St Andrew's Close, Canterbury | 2 | Flat | |
£1,300 | 03/24 | 0.04 mi | Bingley Court, Canterbury | 2 | Flat | |
£1,200 | 03/24 | 0.04 mi | St Andrews Close, CANTERBURY | 2 | Flat | |
£1,325 | 04/24 | 0.04 mi | St. Andrews Close | 2 | Flat | |
£1,000 | 04/24 | 0.04 mi | St Andrews Close, Canterbury | 2 | Flat | |
£1,200 | 03/24 | 0.04 mi | 141 Bingley Court, Canterbury, Kent, CT1 2SX | 2 | Flat | |
£1,062 | 05/24 | 0.04 mi | - | 2 | Flat | |
£1,400 | 04/25 | 0.06 mi | - | 2 | Flat | |
£1,470 | 03/24 | 0.11 mi | The Rope Walk, Canterbury | 2 | Flat | |
£1,350 | 03/24 | 0.12 mi | City Wall Avenue, The Old Tannery | 2 | Flat | |
£1,150 | 05/24 | 0.13 mi | Gas Street, Canterbury, Kent, CT1 | 2 | Terraced House | |
£1,400 | 04/24 | 0.15 mi | Tannery Square, CANTERBURY | 2 | Flat | |
£1,150 | 03/24 | 0.15 mi | Canterbury | 2 | Flat | |
£1,250 | 03/24 | 0.15 mi | Tannery Square, Canterbury | 2 | Flat | |
£1,200 | 03/24 | 0.17 mi | Back Lane, Canterbury | 2 | Flat | |
£1,200 | 05/24 | 0.17 mi | Creine Mill Lane North, Canterbury, CT1 | 2 | Flat | |
£1,000 | 04/24 | 0.17 mi | Creine Mill Lane North, Canterbury | 2 | Flat | |
£1,500 | 03/24 | 0.17 mi | Stour Street, Canterbury, Kent, CT1 | 2 | Terraced House | |
£1,075 | 02/24 | 0.18 mi | - | 2 | Terraced House | |
£1,300 | 04/24 | 0.19 mi | Great Stour Mews, The Old Tannery, Canterbury, Kent, CT1 | 2 | Flat | |
£1,000 | 03/24 | 0.2 mi | Creine Mill Lane North, Canterbury | 2 | Flat | |
£1,950 | 02/24 | 0.2 mi | - | 2 | Terraced House | |
£1,200 | 03/24 | 0.2 mi | Tannery Mews, Stour Street, Canterbury, Kent, CT1 | 2 | Flat | |
£1,395 | 05/24 | 0.21 mi | Waterside Apartments, Stour Street, Canterbury, CT1 | 2 | Flat | |
£1,400 | 03/24 | 0.21 mi | Stour Street, Canterbury, Kent, CT1 | 2 | Flat | |
£1,275 | 04/24 | 0.21 mi | - | 2 | Terraced House | |
£1,275 | 04/24 | 0.21 mi | Canterbury, Kent, CT1 | 2 | Terraced House | |
£1,275 | 03/24 | 0.21 mi | Castle Street, Canterbury, CT1 | 2 | Terraced House | |
£1,100 | 03/24 | 0.22 mi | Victory Court, 7 Gordon Road, Canterbury, CT1 | 2 | Flat | |
£1,350 | 01/25 | 0.22 mi | - | 2 | Terraced House | |
£1,350 | 04/24 | 0.22 mi | Old Watling Street, CANTERBURY | 2 | Flat | |
£1,050 | 03/24 | 0.22 mi | St Edmunds Road, Canterbury Ref - 056 | 2 | Flat | |
£1,300 | 03/24 | 0.22 mi | Hospital Lane, Canterbury | 2 | Flat | |
£1,300 | 03/24 | 0.22 mi | Hospital Lane, Canterbury | 2 | Flat | |
£1,300 | 02/24 | 0.22 mi | - | 2 | Flat | |
£1,300 | 01/25 | 0.22 mi | - | 2 | Flat | |
£1,400 | 04/24 | 0.22 mi | St. Edmunds Road,Canterbury,CT1 | 2 | Terraced House | |
£2,000 | 04/24 | 0.22 mi | - | 2 | Flat | |
£1,517 | 03/25 | 0.22 mi | - | 2 | Flat | |
£1,500 | 04/24 | 0.23 mi | Linen Court | 2 | Flat | |
£1,650 | 04/24 | 0.23 mi | Stour Street, Canterbury | 2 | Flat | |
£1,250 | 03/24 | 0.26 mi | Old Watling Street, Canterbury | 2 | Flat | |
£1,300 | 03/24 | 0.27 mi | Black Griffin Lane Canterbury CT1 | 2 | Terraced House |
Local Area Statistics
Population in ct1 | 29,68829,688 |
Population in Canterbury | 65,07865,078 |
Town centre distance | 1 miles away1 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.23 miles away0.23 miles away |
| |
Rental demand | Tenant's marketTenant's market |
Rental growth (12m) | +56%+56% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +5%+5% |
Property History
Listed for £200,000
February 11, 2025
Floor Plans

Description
- Spacious ground floor apartment in popular city centre development +
- Great first time buy or investment property +
- Tenants in situ until June 2025 with a rental income of £1200pcm +
- Modern kitchen with white goods +
- Spacious open plan living/dining area +
- 2 double bedrooms with built in wardrobes & 1 with an en-suite shower room +
- 2 parking spaces (1 allocated & 1 permit for visitors) +
- 0.9 miles to Canterbury West train station with connection trains to London via HS1 +
- Nearby city facilities including shops, restaurants & supermarkets +
- Just 0.3 miles to Canterbury East train station +
Property Description: Guide Price: £200,000 - £210,000. This spacious ground floor apartment is located on the popular Bingley Court development just 0.3 miles from Canterbury's vibrant city centre and Canterbury East train station. Offered for sale with tenants in situ until the end of June 2025, this property would be a wonderful addition to an existing rental portfolio or to start your investor journey. The property currently achieves £1200pcm which equates to a 6.8% yield. Also ideal for an owner occupier as the property is being sold with vacant possession.
The bright, open plan living room has plenty of space for both a seating and dining area making it ideal for entertaining friends and family and opens into the modern kitchen. The kitchen has plenty of storage and worktop space and comes with an integrated oven and hob, a washing machine and a fridge freezer and a breakfast bar for more casual dining. There are two good size double bedrooms both with fitted wardrobes; the main bedroom has an ensuite shower room and completing the property is the family bathroom with a matching white suite.
Outside: There are picturesque river walks on your doorstep into the city or towards Chartham, as well as local green spaces including the Dane John Gardens and Westgate Gardens within walking distance. There is allocated parking for one car plus one visitors parking permit.
Location: Bingley Court is in an ideal location with Canterbury's characterful city centre almost on your door step. Canterbury has an array of shops and boutiques, along with fine dining and restaurants serving dishes from across the globe. To complete Canterbury’s unique experience, there are welcoming pubs, wine bars and the Marlowe Theatre is not only an iconic modern building, but it is now a prominent stop on the map for all new talent and existing productions. Canterbury is a city steeped in tradition; the stunning Cathedral dominating the skyline and the vast heritage and culture hidden in the original architecture. Canterbury East is a mere 0.3 miles walk away from the property and Canterbury West station is 0.9 miles walk, both stations have links into London and beyond. The high-speed service running from Canterbury West station takes you to St Pancras in under an hour.
Directions: SatNav - CT1 2SX /// What3Words - cubes.detail.commented
Council Tax: Current band: D (correct at the time of marketing) To check council tax rates for this property, please refer to the local authority website.
Local Authority: Canterbury City Council - . Kent County Council -
Services: Mains water, drainage and electricity. For broadband and mobile coverage, we advise you check your providers website or refer to an online checker.
Tenure: The property is leasehold and is sold with vacant possession upon completion. Lease end date 24/12/2131. Annual ground rent £312pa. Annual Service charge £2016. Parking permit allocation £76.8 pa.
Disclaimer: Sandersons and their clients state that these details are for general guidance only and accuracy cannot be guaranteed. They do not form any part of any contract. All measurements are approximate, and floor plans are for general indication only and are not measured accurate drawings. No guarantees are given with any mentioned planning permission or fitness for purpose. No appliances, equipment, fixture or fitting has been tested by us and items shown in photographs are not necessarily included. Buyers must satisfy themselves on all matters by inspection or through the conveyancing process.
Additional Property Notes: The property is of traditional construction and there is step free access to the front entrance. There is allocated parking for 1 car and visitor parking a short walk from the building.
Identity verification: Please note, Sandersons UK are obligated by law to undertake Anti Money Laundering (AML) Regulations checks on any purchaser who has an offer accepted on a property. We are required to use a specialist third party service to verify your identity. The cost of these checks is £60 inc.VAT per property and accepted offer. This is payable at the point an offer is accepted and our purchaser information form is completed, prior to issuing Memorandum of Sales to both parties respective conveyancing solicitors. Register for new listings before the portal launch: sandersonsuk.com/register
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