2 Bed Flat, Single Let, Canterbury, CT2 7UD, £160,000

Halstead Close, Canterbury, Kent, CT2 7UD - 15 days ago

Sold STC
Leasehold
BTL
ROI: 8%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£95K - £325K
Sold Prices/m²£2.2K/m² - £5.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£192,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£1,040 - £2,550

Rent Estimate

£1,053

Running Costs/mo

£731

Cashflow/mo

£322

Cashflow/yr

£3,869

ROI

8%

Gross Yield

8%

Local Sold Prices

28 sold prices from £95K to £325K, average is £200K. £2.2K/m² to £5.1K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£157K10/220.02 mi21, Halstead Close, Canterbury, Kent CT2 7UD2
£165K12/200.17 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£175K10/220.17 mi5, Jesuit Close, Canterbury, Kent CT2 7DB2
£167K11/220.25 mi8, Godden Road, Canterbury, Kent CT2 7BY2
£95K05/230.37 mi42, Walden Court, Canterbury, Kent CT2 7JQ2
£170K05/230.55 mi2, Stonebridge Road, Canterbury, Kent CT2 7LN2
£275K09/210.56 mi22, Westwood Drive, Canterbury, Kent CT2 7US2
£230K02/230.58 mi20, Dextor Close, Canterbury, Kent CT2 7JB2
£220K11/220.59 mi19, Dextor Close, Canterbury, Kent CT2 7JB2
£181K01/210.59 mi15, Dextor Close, Canterbury, Kent CT2 7JB2
£227K06/230.59 mi21, Dextor Close, Canterbury, Kent CT2 7JB2
£288K12/220.6 mi16, Ambleside Place, Canterbury, Kent CT2 7UJ2
£161K09/210.66 mi15, Keyworth Mews, Canterbury, Kent CT1 1XQ2
£170K05/210.71 mi14, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£200K06/230.71 mi36, Shaftesbury Road, Canterbury, Kent CT2 7LF2
£245K12/210.77 mi3, Holters Mill, Canterbury, Kent CT2 8SP2
£220K10/220.85 mi91, Station Road West, Canterbury, Kent CT2 8SE2
£230K05/210.87 mi129, Station Road West, Canterbury, Kent CT2 8DE2
£233K08/210.87 mi163, Station Road West, Canterbury, Kent CT2 8DE2
£160K10/220.88 miFlat 14, Barton Mill Court, Station Road West, Canterbury, Kent CT2 7JZ2
£187K02/230.92 mi41, Artillery Gardens, Canterbury, Kent CT1 1LG2
£170K01/230.93 miFlat 43, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K11/200.93 miFlat 20, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£200K08/210.93 miFlat 6, Deans Mill Court, The Causeway, Canterbury, Kent CT1 2BF2
£245K02/210.94 mi20, Orient Place, Canterbury, Kent CT2 8AW2
£287.5K11/220.94 mi42, Orient Place, Canterbury, Kent CT2 8AW2
£325K05/231 miFlat 2, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2
£270K11/201 miFlat 8, The Merchant Store, Station Road West, Canterbury, Kent CT2 8AN2

Local Rents

22 rents from £1K/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£2,55004/250.06 mi-2
£1,05003/240.12 miUlcombe Gardens, Canterbury2
£1,20005/240.15 miFrencham Close Canterbury CT22
£1,30003/240.18 mi2 Bedroom Student Home - Jesuit Close, UKC2
£1,07503/240.19 miNethersole Close, Canterbury2
£2,40001/240.32 mi-2
£2,20005/240.32 mi-2
£1,87502/250.32 mi-2
£1,20003/240.35 miLong Meadow Way, Canterbury2
£1,10003/250.36 mi-2
£1,20003/240.48 miWaters Edge, Canterbury, CT12
£1,35004/240.48 miWaters Edge, Canterbury2
£1,20003/240.5 miRiverdale Road, Canterbury2
£1,10003/240.51 miRipple Court, Canterbury2
£1,40003/240.51 miBarton Mill Road, Canterbury, CT12
£1,27505/240.52 miWestwood Drive, Canterbury2
£1,25005/240.56 miSturry Road, Canterbury2
£1,40003/240.57 miWestwood Drive, Canterbury2
£1,40004/240.57 miWestwood Drive, Canterbury2
£1,04003/240.58 miSturry Road, Canterbury Ref - 31512
£1,20004/250.58 mi-2
£1,20012/230.59 mi-2

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

0.60 miles away

Nearest school

0.50 miles away

Nearest train station

0.99 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+59%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £160,000

March 27, 2025

Floor Plans

Description

  • No onward chain complications +
  • Ideal for first time buyers and investors +
  • Ever popular area of Hales Place +
  • Well connected with bus routes nearby +
  • Walking distance to shops and other amenities +

This second floor apartment is located in the popular Hales Place area. It offers a fantastic opportunity for first time buyers or investors. With a prime position close to a wide range of amenities including shops, parks and excellent transport links, it provides both convenience and comfort. The property is being sold chain free, ensuring a smooth and hassle free purchase. Dont miss out on this great chance to secure a home in a sought after location.

Room sizes:

  • Entrance Hallway
  • Study: 5'4 x 4'8 (1.63m x 1.42m)
  • Bedroom 1: 13'7 x 8'8 (4.14m x 2.64m)
  • Bedroom 2: 11'2 x 6'9 (3.41m x 2.06m)
  • Shower Room
  • Kitchen: 8'7 x 7'8 (2.62m x 2.34m)
  • Lounge/Diner: 14'5 x 11'3 (4.40m x 3.43m)
  • Communal Parking  
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Wards, Canterbury

01227 202630

Next Steps?

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