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House For Sale Stodmarsh Road, Canterbury, CT3

£500,000

1 of 3
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Key Features

  • Double Build Plot With Consent
  • Two, Four Bedroom Detached Homes
  • Double Garages
  • Semi Rural Location
  • Outskirts Of Canterbury
Last Updated: 4th February 2021

Description

Great investment opportunity with this DOUBLE BUILD PLOT with permission already granted.
Situated on the outskirts of the Cathedral City of Canterbury, in a semi rural location but within comfortable reach of commuter links, we are delighted to offer to the market this double plot with planning consent granted for two detached family homes. Each providing four bedrooms, two with en suite, family bathroom, three receptions, family kitchen and double garages.

Interested parties can find full details on Canterbury Council's website under the planning application number: CA//19/01977.

Property ref: 121_2312_4838522
Agent Details
KimberWoodward
106 High Street, Herne Bay, CT6 5LE
Show Contact Number
01227 389 998
**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.
0.0

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

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:
£15,000
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
7.3

Comparison with other investment alternatives

Investing in this property will give you a lower return, when compared to other conservative investments.
0

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.
This is the potential achievable yield.
Potential Return-on-Cash Invested