2 Bed Flat, Planning Permission, Canterbury, CT1 1GN, £180,000

Ripple Court, Barton Mill Road, CT1 1GN - 2 months ago

Sold STC
Leasehold
Planning
ROI: 6%
~68 m²
+16 photos

ValuationUndervalued

Sold Prices£95K - £645K
Sold Prices/m²£2.2K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£219,600
BMV22%

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£11,300

Total Cash In

£56,300

 

 

Cash Out

 

Rent Range

£845 - £2,550

Rent Estimate

£1,056

Running Costs/mo

£794

Cashflow/mo

£262

Cashflow/yr

£3,148

ROI

6%

Gross Yield

7%

Local Sold Prices

45 sold prices from £95K to £645K, average is £220K. £2.2K/m² to £5.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£275K09/210.09 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£161K09/210.14 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£170K05/230.16 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£95K05/230.23 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£288K12/220.23 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£220K11/220.39 mi19, Dextor Close, Canterbury, Kent CT2 7JB2
£181K01/210.39 mi15, Dextor Close, Canterbury, Kent CT2 7JB2
£227K06/230.39 mi21, Dextor Close, Canterbury, Kent CT2 7JB2
£230K02/230.4 mi20, Dextor Close, Canterbury, Kent CT2 7JB2
£187K02/230.44 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£165K12/200.51 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£175K10/220.51 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£157K10/220.52 mi21, Halstead Close, Canterbury, Kent CT2 7UD2
£245K12/210.53 mi3, Holters Mill, Canterbury, Kent CT2 8SP2
£160K10/220.55 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£167K11/220.55 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£230K05/210.57 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.57 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£220K10/220.58 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£200K11/200.58 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.58 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£170K01/230.59 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£245K02/210.63 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/220.63 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£170K05/210.69 mi14, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£200K06/230.69 mi36, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£227.5K05/230.7 mi14, Carriage Mews, Canterbury, Kent CT2 8AL2
£325K05/230.7 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/200.7 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£250K10/200.72 miFlat 6, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£200K02/210.72 miFlat 1, Kirbys Heights, Station Road West, Canterbury, Kent CT2 8FB2
£170K07/210.73 miFlat 2, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£198K06/230.73 miFlat 10, Sterling Court, Pound Lane, Canterbury, Kent CT1 2HY2
£225K10/200.76 miFlat 2, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£217K01/210.76 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£266K06/230.76 miFlat 3, Westside Apartments, Station Road West, Canterbury, Kent CT2 8WA2
£290K08/230.88 miFlat 16, Stour Court, Stour Street, Canterbury, Kent CT1 2PG2
£215K11/200.94 mi15, Old Watling Street, Canterbury, Kent CT1 2DX2
£230K06/210.94 mi17, Old Watling Street, Canterbury, Kent CT1 2DX2
£320K09/210.94 mi60, Old Watling Street, Canterbury, Kent CT1 2DX2
£295K12/200.94 mi62, Old Watling Street, Canterbury, Kent CT1 2DX2
£255K04/230.94 mi48, Old Watling Street, Canterbury, Kent CT1 2DX2
£115K04/210.95 miFlat 10, Fyndon House, Spring Lane, Canterbury, Kent CT1 1SP2
£645K12/200.95 mi27, St Augustines Road, Canterbury, Kent CT1 1XP2
£280K06/211 mi6, Holman Mews, Canterbury, Kent CT1 3JE2

Local Rents

50 rents from £845/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,40003/240.02 miBarton Mill Road, Canterbury, CT12
£1,10003/240.02 miRipple Court, Canterbury2
£1,35004/240.04 miWaters Edge, Canterbury2
£1,20003/240.04 miWaters Edge, Canterbury, CT12
£1,27505/240.08 miWestwood Drive, Canterbury2
£1,25005/240.12 miSturry Road, Canterbury2
£1,40003/240.14 miWestwood Drive, Canterbury2
£1,40004/240.14 miWestwood Drive, Canterbury2
£2,40001/240.22 mi-2
£2,20005/240.22 mi-2
£1,87502/250.22 mi-2
£1,20003/240.23 miRiverdale Road, Canterbury2
£1,10003/250.23 mi-2
£1,20004/250.23 mi-2
£1,15003/240.25 miRegency Place, Canterbury2
£1,10004/240.25 miStarle Close, Canterbury, CT12
£1,15004/240.3 miNorthgate, Canterbury - Ref 8052
£1,20003/240.35 miOld Park Avenue, Canterbury2
£1,30003/250.35 mi-2
£1,35012/240.36 miNew Ruttington Lane, Canterbury2
£1,10003/240.4 miCraddock Road, Canterbury2
£1,05003/240.41 miUlcombe Gardens, Canterbury2
£1,30003/240.42 mi15 Artillery Street (Near City Centre)2
£1,05004/240.45 miNorthgate, Canterbury Ref - 12112
£84503/240.46 miNorthgate Canterbury - Ref 10142
£1,20003/240.46 miVictoria Yard, Canterbury2
£1,20003/240.46 mi2 Bedroom Student Home - City Centre2
£1,20002/240.47 mi-2
£1,20005/240.47 miFrencham Close Canterbury CT22
£1,10003/240.48 miSt Stephens Road, Canterbury2
£1,04003/240.5 miSturry Road, Canterbury Ref - 31512
£1,30003/240.51 mi2 Bedroom Student Home - Jesuit Close, UKC2
£1,20012/230.53 mi-2
£1,20003/240.53 miThe Spires, CANTERBURY2
£2,55004/250.55 mi-2
£1,15003/240.55 miThe Spires, Canterbury2
£1,15005/240.55 miThe Spires, Canterbury2
£1,20003/240.55 miThe Spires, Canterbury2
£1,10003/240.55 miThe Spires - Ref 9542
£1,15004/240.55 miHolters Mill, Canterbury - Ref 5572
£1,20005/240.56 miCanterbury West2
£94003/240.57 miStation Road West, Canterbury - Ref 28282
£1,17504/240.57 mi159 Station Road West, Canterbury, Kent2
£1,05003/240.58 miStation Road West, Canterbury, CT22
£99503/240.58 miStation Road West, Canterbury2
£1,15003/240.58 miStation Road West, Canterbury2
£1,15004/240.58 miStation Road West, Canterbury2
£1,30004/240.59 mi-2
£1,30001/250.59 mi-2
£1,20003/240.59 miStation Road West, Canterbury, CT22

Local Area Statistics

Population in ct1

29,688

Population in Canterbury

65,078

Town centre distance

0.18 miles away

Nearest school

0.40 miles away

Nearest train station

0.72 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+56%

Sales demand

Balanced market

Capital growth (5yrs)

+5%

Property History

Listed for £180,000

February 23, 2025

Floor Plans

Description

  • 1st floor apartment in popular Barton Mill development situated on the beautiful river Stour +
  • Bright & spacious open plan living/dining room & kitchen +
  • 2 bedrooms; 1 double & 1 good size single +
  • Main bedroom with fitted wardrobe & en-suite shower room +
  • Additional family bathroom with matching white suite & handheld shower attachement +
  • South-east facing balcony with space for a table & chairs +
  • Off road allocated parking for 1 car plus visitor spaces +
  • Tranquil communal gardens adjacent to the River Stour +
  • No onward chain. Ideal property for investors or FTBs +
  • 1 mile to Canterbury City Centre & Canterbury West train station +

Property Description: Guide Price £180,000 - £190,000. This large first floor apartment is located in the popular Barton Mill development, situated on the picturesque River Stour and just one mile from Canterbury city centre. The property is in need of some refurbishment and offered with no onward chain, making it an ideal first time purchase or addition to an investment portfolio.

The bright and spacious open plan living/dining room and kitchen is filled with natural light and is the perfect setting for relaxing and entertaining, with ample room for both a comfortable lounge area and a generous dining space.

The apartment has two well proportioned bedrooms, perfect for a couple or small family. The main bedroom has a fitted wardrobe and an en-suite shower room, creating a peaceful sanctuary for relaxation. The second bedroom is a good sized single which could also be used as a home office if required.

Completing the apartment is a large storage cupboard in the hallway and the family bathroom which features a matching white suite with a handheld shower attachment.

Outside: One of the highlights of this apartment is the south-east facing balcony which is spacious enough to accommodate a table and chairs, ideal for entertaining friends or enjoying your morning coffee. There is also access to the beautifully maintained communal gardens overlooking the River Stour, providing a peaceful retreat from the hustle and bustle of everyday life. Take a leisurely stroll along the riverbank into the city or simply enjoy the peace and tranquility of the surroundings.

No need to worry about parking, as this property has allocated off road parking for one car, with additional visitor spaces available. Convenience and ease are top priorities here.

Location: Ripple Court is situated in the popular Barton Mill development on the picturesque River Stour; set back from Sturry Road the development is quiet and peaceful and there is a footpath that offers a lovely walk into the city centre. The city itself is just 1 mile away and offers a wealth of cultural and leisure amenities, excellent schools, a wide range of shops, bars and restaurants and good road and rail links. These include The King's Mile, Whitefriars Shopping Centre, University of Kent, Canterbury Christ Church University and The Marlowe Theatre. There are good road links with the A2 providing access to the channel port of Dover, Canterbury and the M2. The two mainline railway stations offer fast and frequent services with the high speed link from Canterbury West to London St Pancras (approximately 56 mins). 'The Riverside' which is situated on the other side of the Great Stour River boasts Curzon's 5 screen cinema as well as restaurants and bars that wrap around the new public square that overlook the river. The Spitfire Ground is home to Kent County Cricket in the South Canterbury area (just over 2 miles away) with regular cricket games. Summer concerts are hosted here with big names which have included Sir Elton John and Michael Bublé. Canterbury is also the home to Kent & Canterbury Hospital and The BMI Chaucer Hospital.

Directions: SatNav = CT1 1GN / What3Words = wiring.gifted.emerge.

Council Tax: Band D (correct at time of marketing). To check council tax 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: This property is leasehold and is sold with vacant possession upon completion. Annual ground rent £250. Annual service charge £2815. The current lease has 107 years remaining, running until 01/01/2132. This will all be confirmed within the management pack once a sale has been agreed. Water rates are included in the service charge.

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 has had no adaptions for accessibility. There is lift access. There is allocated, off road parking for 1 car 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. This is a legal requirement and the charge is non-refundable. Register for new listings before the portal launch sandersonsuk.com/register

Agent Details

Sandersons, Canterbury

01227 532457

Next Steps?

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