2 Bed Flat, Single Let, Canterbury, CT1 3RG, £200,000
Homersham, Canterbury, Kent, CT1 3RG - 2 months ago
Sold STC
Leasehold
BTL
ROI: 3%
~68 m²





+5 photos
ValuationUndervalued
Sold Prices | £135K - £320K |
Sold Prices/m² | £2.1K/m² - £5.2K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £220,914 |
BMV | 10% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £11,200 |
Total Cash In | £61,200 |
| |
Cash Out | |
Rent Range | £992 - £1,500 |
Rent Estimate | £996 |
Running Costs/mo | £844 |
Cashflow/mo | £152 |
Cashflow/yr | £1,822 |
ROI | 3% |
Gross Yield | 6% |
Local Sold Prices
35 sold prices from £135K to £320K, average is £225K. £2.1K/m² to £5.2K/m², average is £3.2K/m².
Local Rents
39 rents from £992/mo to £1.5K/mo, average is £1.2K/mo.
Local Area Statistics
Population in ct1 | 29,688 |
Population in Canterbury | 65,078 |
Town centre distance | 1.56 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.59 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +56% |
Sales demand | Balanced market |
Capital growth (5yrs) | +5% |
Property History
Listed for £200,000
March 8, 2025
Floor Plans

Description
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