3 Bed Terraced House, Refurb/BRRR, Canterbury, CT3 4EZ, £250,000

The Poplars, Hersden, CT3 4EZ - a month ago

Refurb/BRRR
ROI: 3%
~93 m²
+5 photos

ValuationFair Value

Sold Prices£138.5K - £790K
Sold Prices/m²£1.4K/m² - £4.4K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£255,000

 

 

End Value (After Refurb)

£284,303

Uplift in Value

+14%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£16,200

Refurb Costs

£44,000

Bridging Loan Interest

£6,563

Total Cash In

£131,013

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£284,303

Mortgage (After Refinance)

£213,227

Mortgage LTV

75%

Cash Released

£25,727

Cash Left In

£105,285

Equity

£71,076

Rent Range

£725 - £3,395

Rent Estimate

£1,539

Running Costs/mo

£1,216

Cashflow/mo

£323

Cashflow/yr

£3,873

ROI

3%

Gross Yield

7%

Local Sold Prices

40 sold prices from £138.5K to £790K, average is £297.5K. £1.4K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£275K08/210.01 mi10, The Poplars, Hersden, Canterbury, Kent CT3 4EZ3
£265K02/230.06 mi1, The Avenue, Hersden, Canterbury, Kent CT3 4HL3
£284K10/200.13 mi24, South View, Hersden, Canterbury, Kent CT3 4EY3
£295K04/210.13 mi27, South View, Hersden, Canterbury, Kent CT3 4EY3
£330K11/220.13 mi17, South View, Hersden, Canterbury, Kent CT3 4EY3
£138.5K03/210.14 mi30, The Avenue, Hersden, Canterbury, Kent CT3 4HR3
£305K04/210.14 mi2, Ash Crescent, Hersden, Canterbury, Kent CT3 4HU3
£290K12/200.27 mi20, The Sycamores, Hersden, Canterbury, Kent CT3 4JA3
£285K10/210.36 mi34, Larch Close, Hersden, Canterbury, Kent CT3 4GE3
£310K03/210.78 mi15, Blengate Close, Westbere, Canterbury, Kent CT2 0FE3
£320K10/210.95 mi18, Walnut Tree Lane, Westbere, Canterbury, Kent CT2 0HG3
£790K09/221.1 mi1, Church Lane, Westbere, Canterbury, Kent CT2 0HA3
£285.5K06/211.23 mi7, Barn Close, Hoath, Canterbury, Kent CT3 4JU3
£300K12/201.28 miCopperfield, Redcot Lane, Sturry, Canterbury, Kent CT2 0ES3
£315K10/201.3 mi1, The Row, Hoath, Canterbury, Kent CT3 4LA3
£370K03/231.3 mi1, The Row, Hoath, Canterbury, Kent CT3 4LA3
£350K07/211.34 mi41, Staines Hill, Sturry, Canterbury, Kent CT2 0ER3
£277.5K03/211.48 mi9, Hollow Street, Chislet, Canterbury, Kent CT3 4DS3
£350K05/211.49 mi39, Oakwood Road, Sturry, Canterbury, Kent CT2 0LU3
£310K02/211.49 mi13, Stour Valley Close, Upstreet, Canterbury, Kent CT3 4DB3
£280K12/201.63 mi22, Chestnut Drive, Sturry, Canterbury, Kent CT2 0NB3
£260K03/231.63 mi45, Chestnut Drive, Sturry, Canterbury, Kent CT2 0NB3
£377.5K11/221.63 mi10, Whatmer Close, Sturry, Canterbury, Kent CT2 0JJ3
£330K03/211.63 mi1, Old Tree Road, Hoath, Canterbury, Kent CT3 4LH3
£495K02/231.63 mi2, Old Tree Road, Hoath, Canterbury, Kent CT3 4LH3
£290K10/221.67 mi9, St Marys Gardens, Upstreet, Canterbury, Kent CT3 4DJ3
£290K11/201.69 mi87, Cedar Road, Sturry, Canterbury, Kent CT2 0JG3
£290K06/231.69 mi67, Cedar Road, Sturry, Canterbury, Kent CT2 0JG3
£282K04/211.73 mi7, Twyne Close, Sturry, Canterbury, Kent CT2 0JW3
£320K10/221.75 mi4, Homewood Road, Sturry, Canterbury, Kent CT2 0JP3
£260K07/211.75 mi11, Homewood Road, Sturry, Canterbury, Kent CT2 0JP3
£325K01/211.78 mi9, Bournes Close, Sturry, Canterbury, Kent CT2 0LH3
£322K11/221.86 mi19, Cedar Road, Sturry, Canterbury, Kent CT2 0HZ3
£259K11/201.87 mi18, Cedar Road, Sturry, Canterbury, Kent CT2 0HY3
£360K02/211.87 mi9, Hudson Close, Sturry, Canterbury, Kent CT2 0HX3
£315K11/221.87 mi4, Hudson Close, Sturry, Canterbury, Kent CT2 0HX3
£190K07/231.93 mi54, Sleigh Road, Sturry, Canterbury, Kent CT2 0HT3
£253K03/211.93 mi23, Mccarthy Avenue, Sturry, Canterbury, Kent CT2 0PE3
£287.5K01/211.96 mi5, Meadow Road, Sturry, Canterbury, Kent CT2 0JE3
£325K02/211.98 mi34, Popes Lane, Sturry, Canterbury, Kent CT2 0JZ3

Local Rents

51 rents from £725/mo to £3.4K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,45012/240.06 miThe Avenue, Hersden, CT33
£1,40010/230.09 mi-3
£1,30011/230.09 mi-3
£1,30011/230.09 mi-3
£82911/230.12 mi-1
£80004/250.12 mi-1
£77506/240.12 mi-1
£82512/240.12 miSt. Albans Road, Hersden, Canterbury, CT31
£77507/240.12 mi-1
£1,30010/230.17 mi-2
£1,37512/240.35 mi36 Larch Close, Hersden, Canterbury, Kent,4
£1,55012/240.48 miBlackthorn Road, Hersden, Canterbury, Kent, CT3 4GA3
£1,80001/240.5 mi-4
£1,55003/251.07 mi-2
£1,50012/241.17 miIsland Road, Upstreet, Canterbury, Kent, CT33
£1,20008/241.27 mi-2
£1,60012/241.3 miHoath, Canterbury, CT34
£1,25012/241.3 miStodmarsh, Canterbury, Kent, CT31
£1,50005/241.35 mi-3
£1,20011/241.44 mi-2
£1,30003/241.69 miFairview Gardens, Sturry, CT23
£1,30003/241.75 miFairview Gardens, Sturry, Canterbury, Kent, CT23
£2,00004/241.76 mi-4
£1,40012/241.82 miUpstreet3
£97502/241.94 mi-2
£72505/241.94 mi-1
£85003/241.97 miIsland Road, Sturry, CT21
£1,00004/242 miPark View, Sturry, CANTERBURY2
£2,00003/252.06 mi-4
£2,40011/242.07 mi-3
£2,20003/252.09 mi-3
£1,15003/242.09 miSturry Hill, Canterbury2
£86003/242.09 miSturry, Canterbury1
£86004/242.09 miSturry, Canterbury1
£3,39505/242.11 mi-3
£3,20001/252.11 mi-3
£3,20003/252.11 mi-3
£3,15003/252.12 mi-3
£3,15004/252.12 mi-3
£1,45003/242.13 miHigh Street, Sturry3
£1,25003/242.14 miFordwich Road, Sturry, Canterbury, CT22
£1,25003/242.14 mi-2
£1,15005/242.15 miFordwich Road, Sturry, Canterbury2
£1,20003/242.16 miHigh Street, Sturry, CT22
£2,20005/232.16 mi-4
£1,35012/242.17 mi-3
£1,65012/242.23 mi-2
£1,45004/242.26 mi3 bedroom End of Terrace House in Fox Lane, Sturry3
£1,60004/242.26 mi3 bedroom Semi Detached House in Fox Lane, Sturry3
£1,85004/242.26 mi4 bedroom Detached House in Fox Lane, Sturry4
£1,45012/242.26 mi3 bedroom property in Fox Lane, Sturry3

Local Area Statistics

Population in ct3

17,465

Population in Canterbury

65,078

Town centre distance

3.89 miles away

Nearest school

0.20 miles away

Nearest train station

2.09 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-9%

Sales demand

Buyer's market

Capital growth (5yrs)

+11%

Property History

Listed for £250,000

March 13, 2025

Floor Plans

Description

  • No onward chain +
  • Double driveway +
  • Walking distance to local schools +
  • Ideal for first-time buyers +
  • In need of modernisation +
  • Short drive to mainline station +
  • Conservatory +
  • Walking distance to local amenities +
  • Downstairs shower room +
  • Cul-de-sac location +

This property comes to the market with a popular Hersden, cul-de-sac location that sits close to schools and amenities and benefits from NO ONWARD CHAIN. The accommodation itself has two large reception rooms with a lounge and dining area and the addition of a conservatory to the rear of the lounge. The owners have adapted the property with the ground floor now having its own shower room just off of the kitchen. Upstairs the property boasts two good sized double bedrooms and a smaller third room. This is currently being used as a family bathroom but is due to be converted back to a third bedroom.
Externally the property provides off-street parking for at least two vehicles and the rear garden is low maintenance and provides a good sized external space to enjoy. Hersden provides a convenient location with a local primary school within walking distance in addition to Spires Academy secondary school. There are local amenities close by and Sturry mainline station is a 5 minute drive away. The property sits close to the A28 which provides simple access to both the city of Canterbury and the coast.

Tenure: Freehold Council Tax Band: B EPC band: E Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, South East & London

01322 952994

Next Steps?

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