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1 Bed Flat For Sale Dextor Close, Canterbury, CT2

£170,000- Flat

Yield: 5.47%
1 of 14
Yield: 5.47%
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  • Rental Guide: £620 - £775
  • 1 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • Very Short Walk To Canterbury West Station And City Centre
  • Extremely Spacious
  • Close To Mainline Stations
  • Open-plan Living Layout
  • Bright And Airy
  • Modern-fitted Kitchen And Bathroom
  • Entrance Hallway
  • Plenty Of Storage
  • Low Service Charges
  • Long Lease Length
Last Updated: 7th November 2020

Description

This penthouse apartment is bright and airy and would make an excellent investment opportunity or first home. Upon entering the property through the hallway, you will find ample built-in storage on offer. Leading up a couple of stairs there is a modern shower room and a very generous open plan living space, measuring 27 feet by 19 feet. With contemporary decor and a stylish feel, it features a defined kitchen/dining/living space, as well as office, dressing and bedroom areas. The property boasts central heating, double glazing, and wood laminate flooring throughout with amazing views over Canterbury Cathedral. In addition, accessed from the ground floor lobby, are two large cupboards. Internal viewing is highly recommended to appreciate this property's full potential.

The property is situated in St Stephens, very close to Canterbury West Rail Station, and within easy reach of Canterbury City High Street and all its amenities, excellent schools, a wide range of shops, bars and restaurants including The King's Mile and Whitefriars Shopping Centre, the University of Kent, Canterbury Christ Church University and The Marlowe Theatre. There is also easy access to the A2 for London, the Kent coast, beautiful countryside, and the continent.
Agent Details
Mann Kent
79 Castle Street, Canterbury, Kent, CT1 2QD
Show Contact Number
01227 490 038
**This report is currently a Beta Test Version. Do not rely on the information provided below.

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
5.0

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Very good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current all-time record low interest rates are making monthly mortgage payments more affordable so more people will buy houses, which will lead to house prices increasing.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages, will lead to steady house price growth.
5

Fiscal Policy

First Home Stamp Duty:
£0
Buy To Let or Second Home:
£5,100
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.7

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
5

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
1 bedroom properties in proximity are mostly listed £415 - £775 – 3 recently listed properties were found in that band. However, the highest were £870, £825, £800.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested