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4 Bed Terraced House For Sale Downs Road, Canterbury, CT2

£270,000- Terraced

Yield: 6.66%
1 of 15
Yield: 6.66%
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  • Rental Guide: £1,195 - £1,500
  • 4 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • No Onward Chain
  • Spacious House
  • Ideal Student Let Or Family Home
  • Hmo License In Place
  • Well Maintained
  • Close To University Of Kent
  • Low Maintenance Rear Garden
  • 3/4 Double Bedrooms
Last Updated: 27th March 2021

Description

*IDEAL FAMILY HOME OR STUDENT LET!*

NO ONWARD CHAIN! Miles and Barr are delighted to offer to the market this four bedroom terrace home situated a short distance from Kent University and Canterbury West Train Station. The property has been used as a student investment property for a number of years by the current owners, and so the HMO license is in place, however it could also make a great family home as there are 3/4 double bedrooms and a large kitchen/diner.

This property has been maintained to a good standard by the current owners. The ground floor comprises the large kitchen with breakfast bar, the lounge, and then a partition wall creates the double fourth bedroom. This could be removed if purchased for a family home to create a very large lounge/diner space. To the first floor there is are three double bedrooms and the shower-room.

Externally the property benefits from two storage cupboard, and the rear garden is laid to patio for low maintenance.

Further benefits include a recently installed combination boiler and also all the double glazing has been replaced within the last 5 years.

Please contact sole agents Miles and Barr on[use Contact Agent Button] to arrange your viewing.

LOCAL AREA
The property is situated within the city of Canterbury, being within easy access of the High Street and all its amenities. These include an excellent modern shopping centre, the University of Kent, Canterbury Christ Church University and other colleges, together with an excellent choice of schools in both the public and private sectors. In addition to the High Street is the Kings Mile, which is a lovely mall of boutique style shops, cafes, eateries and public houses.
SPORTING AND CULTURAL AMENITIES
Sporting and recreational opportunities nearby include: golf at Scotland Hills, Canterbury, sailing at Whitstable Yacht Club and Herne Bay, county cricket at Canterbury and day trips to France via Eurotunnel, all within easy access. In addition, the Marlowe Theatre, the spectacular Beaney House of Art & Knowledge and the Gulbenkian (theatre, cinema and caf bar) at the University of Kent, all provide a wealth of excellent entertainment in Canterbury.
TRANSPORT LINKS
Canterbury has two mainline railway stations, with Canterbury West offering the high speed service to London (St Pancras 56 mins). The property is also within easy access of the A2 dual carriageway, which in turn links to the Channel Port of Dover and Brenley Corner at Faversham, adjoining the M2 / A299 (Thanet Way) linking London and the coastal towns respectively. Ashford International (15.4 miles, London St Pancras 38 mins) which also has services to the continent via Eurostar (Paris 1 hr 52 mins) or via Eurotunnel at Cheriton (19.3 miles, Calais 35 mins).

Ground Floor -

Entrance Hall -

Bedroom Four - 3.81m x 2.67m (12'6 x 8'9) -

Kitchen/Diner - 4.37m x 3.28m (14'4 x 10'9) -

Lounge - 3.48m x 3.18m (11'5 x 10'5) -

Rear Porch -

First Floor -

Landing -

Bedroom One - 3.76m x 3.35m (12'4 x 11') -

Bedroom Two - 3.71m x 2.84m (12'2 x 9'4) -

Bedroom Three - 2.77m x 2.49m (9'1 x 8'2) -

Shower Room - 2.82m x 1.85m (9'3 x 6'1) -

External -

Rear Garden -

Storage Cupboard At Rear -

Storage Cupboard At Front -
Agent Details
Miles & Barr
14 Lower Chantry Lane, Canterbury, Kent, CT11 1UF
Show Contact Number
01227 200 600
**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.
6.2

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 poor return.
3

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:
£8,100
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
8.9

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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Rental Data
4 Bedroom properties in “CT2” are mostly listed between £1,195 - £1,500. 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