Go back

2 Bed Semi-Detached Bungalow House For Sale Old Park Avenue, Canterbury, CT1

£215,000- Semi-detached Bungalow

Yield: 5.37%
1 of 8
Yield: 5.37%
Save
  • Rental Guide: £770 - £965
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 9th November 2020

Description

Positioned within close proximity of Canterbury city centre, this semi-detached bungalow is offered in need of full refurbishment and is available with no onward chain. The property is accessed via a private driveway providing off street parking. Internally there are two bedrooms, a sitting room, kitchen and bathroom/w.c.

The rear garden is divided in two halves and measures approx 102' (31.07m) x 41' (12.49m) max in total.

The property is located in a pleasant residential road just outside Canterbury City centre. There are a range of local shops nearby and a comprehensive selection of shopping a leisure facilities. There is a wide choice of primary and secondary schools in the area plus an impressive range of colleges and universities. The high speed rail link from Canterbury West station offers services to London St. Pancras in approx. 55 mins.
Agent Details
Charles Bainbridge Ltd
1 The Bakery, 47 Broad street, Canterbury, Kent, CT1 2LS
Show Contact Number
01227 780 227
**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.
4.9

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:
£6,450
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.3

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

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

Property Image
8.2
£300,000
Terraced
Yield: 8.02%
ROCI: 26%
Property Image
7.7
£230,000
Semi Detached
Yield: 7.67%
ROCI: 25%
Property Image
7.7
£230,000
Semi Detached
Yield: 7.67%
ROCI: 25%
See More Properties
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
2 bedroom properties in proximity are mostly listed £515 - £963 – 4 recently listed properties were found in that band. However, the highest were £1,100, £1,100, £1,000.

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