4 Bed HMO, Canterbury, CT2 7SZ, £285,000

156 Pine Tree Avenue, Canterbury CT2 7SZ - a month ago

HMO
ROI: 7%
70 m²

ValuationOvervalued

Sold Prices£230K - £1.8M
Sold Prices/m²£2.8K/m² - £6.4K/m²

 

 

Square Metres

70 m²
Price/m²£4.1K/m²

Value Estimate

£267,105

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£19,700

Total Cash In

£90,950

 

 

Cash Out

 

Room Rate

£607

Gross Rent

£2,428

Running Costs/mo

£1,874

Cashflow/mo

£554

Cashflow/yr

£6,650

ROI

7%

Gross Yield

10%

Local Sold Prices

50 sold prices from £230K to £1.8M, average is £467.5K. £2.8K/m² to £6.4K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£440K10/210.1 mi6, Roseacre Close, Canterbury, Kent CT2 7HN4
£800K12/220.11 mi10, London Road, Canterbury, Kent CT2 8LR4
£515K12/220.12 mi65, Mandeville Road, Canterbury, Kent CT2 7HD4
£514K12/200.13 mi4, Westgate Court Avenue, Canterbury, Kent CT2 8DW4
£425K01/210.19 mi18, Roper Road, Canterbury, Kent CT2 7EG4
£470K02/230.19 mi9, Roper Road, Canterbury, Kent CT2 7EH4
£590K03/210.19 mi3, Roper Road, Canterbury, Kent CT2 7EH4
£620K02/230.22 mi8, Orchard Street, Canterbury, Kent CT2 8AP4
£460.5K04/210.23 mi74, Salisbury Road, Canterbury, Kent CT2 7HH4
£665K06/230.25 mi2, Mandeville Road, Canterbury, Kent CT2 7HB4
£484K04/210.25 mi1, Mandeville Road, Canterbury, Kent CT2 7HB4
£1.2M01/230.26 mi15, Temple Road, Canterbury, Kent CT2 8JD4
£1.1M01/210.28 mi46, Harkness Drive, Canterbury, Kent CT2 7RW4
£425K12/220.28 mi43a, Station Road West, Canterbury, Kent CT2 8AN4
£380K05/210.28 mi64, Station Road West, Canterbury, Kent CT2 8AN4
£360K11/200.28 mi66, Station Road West, Canterbury, Kent CT2 8AN4
£290K09/210.29 mi12, Mead Way, Canterbury, Kent CT2 8BB4
£465K01/210.3 mi45, Kirbys Lane, Canterbury, Kent CT2 8AG4
£379K04/210.33 mi27, Orient Place, Canterbury, Kent CT2 8AW4
£540K11/200.34 mi7b, North Lane, Canterbury, Kent CT2 7EB4
£1.8M06/210.35 mi14, Westgate Grove, Canterbury, Kent CT2 8AA4
£355K09/210.36 mi1, The Spires, Canterbury, Kent CT2 8SD4
£665K12/220.37 mi6, Cherry Garden Road, Canterbury, Kent CT2 8EL4
£315K12/220.37 mi90, Bishops Way, Canterbury, Kent CT2 8DU4
£465K02/210.37 mi5, Cadnam Close, Canterbury, Kent CT2 7SD4
£632K07/230.38 mi3, Cherry Garden Road, Canterbury, Kent CT2 8EL4
£450K05/210.4 mi23, Cherry Garden Road, Canterbury, Kent CT2 8EP4
£970K06/210.44 miBlackman House, 6a, St Peters Lane, Canterbury, Kent CT1 2BP4
£533K07/230.45 mi21, Cherry Avenue, Canterbury, Kent CT2 8EN4
£260K02/210.48 mi42, St Peters Grove, Canterbury, Kent CT1 2DJ4
£245K09/210.48 mi4, Prioress Road, Harbledown, Canterbury, Kent CT2 8NX4
£430K12/200.5 mi27, St Stephens Road, Canterbury, Kent CT2 7JD4
£560K08/210.5 mi8, Blackfriars Street, Canterbury, Kent CT1 2AP4
£245K07/210.53 mi49, Miller Avenue, Harbledown, Canterbury, Kent CT2 8NY4
£670K03/230.54 mi20, Best Lane, Canterbury, Kent CT1 2JB4
£385K10/220.54 mi46, Westgate Close, Canterbury, Kent CT2 8JH4
£480K02/210.54 mi54, Hillside Avenue, Canterbury, Kent CT2 8HA4
£600K01/230.54 mi4, Abbots Place, Canterbury, Kent CT1 2AH4
£535K10/220.55 mi69, Hillside Avenue, Canterbury, Kent CT2 8HA4
£750K03/210.57 mi4, Summer Hill, Harbledown, Canterbury, Kent CT2 8NH4
£310K12/220.57 miPenthouse, Hilltop House, Glen Iris Avenue, Canterbury, Kent CT2 8HP4
£532.5K03/230.57 mi15, Glen Iris Avenue, Canterbury, Kent CT2 8HP4
£230K08/210.59 mi31, Shipman Avenue, Harbledown, Canterbury, Kent CT2 8PD4
£600K01/230.63 mi5, Monks Close, Canterbury, Kent CT2 7ET4
£255K08/210.64 mi19, Squire Avenue, Harbledown, Canterbury, Kent CT2 8PF4
£278K06/230.64 mi36, Squire Avenue, Harbledown, Canterbury, Kent CT2 8PF4
£275K10/210.65 mi76, Shipman Avenue, Harbledown, Canterbury, Kent CT2 8PE4
£445K04/210.68 miMalverns, Market Way, Canterbury, Kent CT2 7JG4
£485K02/210.7 mi8, Abbey Gardens, Canterbury, Kent CT2 7EU4
£250K05/210.78 mi11, Downs Road, Canterbury, Kent CT2 7AY4

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

0.74 miles away

Nearest school

0.50 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+59%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £285,000

March 5, 2025

Description

  • Close to Kent University +
  • Close to City Centre +
  • Four Double Bedroom +
  • Garden +
  • Parking +
  • Close to Bus Routes +

SUMMARY
Connells are now in receipt of an offer for the sum of £280,000 for 156 Pine Tree Avenue, Canterbury CT2 7SZ. Anyone wishing to place an offer on this property should contact Connells before exchange of contracts.

DESCRIPTION
Connells are pleased to market this four double bedroom detached house, recently used as a HMO it is ideally situated within walking distance to Kent University, City Centre and local bus routes. With ample parking, four double bedrooms, a sizable living/dining area this property would make an Ideal family home or HMO.

Viewing is recommended.

Agents Note
This property has an offer accepted subject to contract but is still currently available to view.

Lounge 15' 7" x 13' 4" ( 4.75m x 4.06m )

Dining Area 9' 7" x 6' 9" ( 2.92m x 2.06m )

Kiitchen 9' 7" x 8' 5" ( 2.92m x 2.57m )

Bedroom One 12' x 7' 2" ( 3.66m x 2.18m )

Bedroom Two 11' 1" x 6' 6" ( 3.38m x 1.98m )

Bedroom Three 7' 5" x 8' 8" ( 2.26m x 2.64m )

Bedroom Four 

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Connells, Canterbury

01227 202614

Next Steps?

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