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5 Bed Terraced House For Sale Cossington Road, Canterbury, CT1

£325,000- Terraced

Yield: 7.4%
1 of 9
Yield: 7.4%
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  • Rental Guide: £1,600 - £2,005
  • 5 Bedroom(s)
  • Description
  • Street View
  • Maps

Key Features

  • No Forward Chain
  • South Canterbury
  • Over Four Floors
  • Courtyard Rear Garden
  • Downstairs Cloakroom
  • 5% Yield
  • Investment Opportunity
  • Virtual Tour
Last Updated: 31st March 2021

Description

Have you been looking for a property that you can put your own stamp on? Would you love to live in South Canterbury within walking distance of the vibrant city itself? Are you looking for an investment property that can offer an immediate return on your investment?

Call now to see Cossington Road as this could be the property you have been waiting for!

A short walk from the hustle and bustle of Canterbury city you will find this charming terraced home in the sought after location of South Canterbury.

Currently let out to students and achieving a yield of over 5%, this property could provide an instant return on your investment if you are looking to expand your portfolio or an exciting opportunity to breathe new life into this property as a family home.

The accommodation is set over four floors which spacious rooms throughout. To the ground floor there are two reception rooms (one currently used as a bedroom) with doors out from the living space into the courtyard garden. The kitchen also has a rear door out to the courtyard and is light and airy with a handy downstairs cloakroom towards the end of kitchen. There is a basement bedroom accessed via a door to the corner of the living room too!

To the first floor you will find one large double bedroom, one large single bedroom and the family shower room and to the second floor is the final bedroom.

This property has no forward chain so do not delay!

Check out our virtual tour then call us to see this house for yourself!

Entrance Hall -

Lounge/Bedroom 1 - 3.76 x 3.3 (12'4" x 10'9") -

Second Lounge - 3.86 x 3.38 (12'7" x 11'1") -

Kitchen - 3.48 x 2 (11'5" x 6'6") -

Cloakroom -

Bedroom 2 - 4.62 x 3.8 (15'1" x 12'5") -

Bedroom 3 - 2.46 x 2.29 (8'0" x 7'6") -

Bathroom -

Bedroom 4 - 4.75 x 4.75 (15'7" x 15'7") - maximum measurements into the eaves

Bedroom 5 - 4.27 x 3.7 (14'0" x 12'1") -

Rear Garden -
Agent Details
Regal Estates
57, Castle Street, Canterbury, CT1 2PY
Show Contact Number
01227 763 888
**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.
6.9

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

Good rental demand in this area.
Compared to other property investments this gives an average regular return.
6

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:
£9,750
The governments recent policies, including lower taxes for this property price band will lead to potential future price growth.
8.5

Comparison with other investment alternatives

Investing in this property will give you a higher regular return, when compared to other conservative investments.
7

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
5 Bedroom properties in “CT1” are mostly listed between £1,600 - £2,005. 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