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4 Bed Semi-Detached House For Sale Pretoria Road, Canterbury, CT1

£290,000- Semi-detached

Yield: 6.27%
1 of 12
Yield: 6.27%
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  • Rental Guide: £1,210 - £1,520
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
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Last Updated: 14th November 2020

Description

A well presented four bedroom semi-detached house in an excellent location for Christchurch University, with tenants secured for the academic year 2020/21 generating an annual income of £17,922. This represents a yield of 6.18%. The property is a fantastic investment opportunity and has been let to full occupancy since 2002. This modern semi-detached house has always proven to be popular with Christchurch University students and the way the property has been maintained alongside refurbishment to the kitchen and bathroom means that this is one of the more sought after student lets. The interior is bright, with a neutral colour scheme throughout. Downstairs is one of the double bedrooms, the communal living area and the modern kitchen which has a door that leads to the garden. The kitchen has a range of high gloss base and wall units and appliances which include an electric oven, hob with extractor over and a freestanding washing machine, fridge and freezer. Upstairs are a further three bedrooms and a shower room which has a large corner shower, white suite and partially tiled walls. Outside is a good size garden that wraps around the front, side and rear of the house.
Council Tax
To check the Council Tax for this property, please refer to
Local Authority
Canterbury City Council - . Kent County Council -
Services
Mains water, drainage, electricity and gas
Method of Sale
The property is freehold and is offered for sale with tenants in situ
Location
Pretoria Road is located just 0.1 miles walk to Canterbury Christchurch Universities main campus and Canterbury High Street is a mere 0.6 miles on foot. Canterbury offers an array of independent shops and mainstream retailers both within the older part of the High Street and Whitefriars shopping complex. Welcoming pubs, restaurants and clubs across the city add to Canterbury's unique identity. Canterbury East and West train stations both have links into London and beyond. The high-speed service running from Canterbury West station takes you to St Pancras in under an hour.
Agent Details
Sandersons
76 Castle Street, Canterbury, CT1 2QD
Show Contact Number
01227 784 784
**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.
5.8

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

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
2

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:
£8,700
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
8.8

Comparison with other investment alternatives

Investing in this property will give you a slightly better regular return, when compared to other conservative investments.
6

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.

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Rental Data
4 Bedroom properties in “CT1” are mostly listed between £1,210 - £1,520. There is limited data on listings in proximity to this property.

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