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1 Bed Apartment House For Sale Dover Street, Canterbury, CT1

£185,000- Apartment

Yield: 4.95%
1 of 1
Yield: 4.95%
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  • Rental Guide: £610 - £765
  • 1 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Tenure: Leasehold
  • Sought After First Floor Apartment Located Near The City Walls
  • Ideal First Time Purchase Or Investment
  • Potential To Improve Throughout
  • Tenant In Situ
  • Close To The City Centre
  • Epc Energy Rating C (78)
Last Updated: 7th April 2021

Description

This spacious apartment offers ample living accommodation with an open plan layout. Canterbury East train station is only a short walk away, whilst the popular shops, bars and restaurants that Canterbury has to offer are very near by. Book your viewing now!!

 
Please refer to the footnote regarding the services and appliances.

Room sizes:
  • Entrance Hall
  • Lounge: 28'7 x 11'8 (8.72m x 3.56m)
  • Kitchen: 12'5 x 8'6 (3.79m x 2.59m)
  • Bedroom: 16'2 x 9'5 (4.93m x 2.87m)
  • Bathroom: 7'6 x 6'5 (2.29m x 1.96m)

 
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details
Wards
32, St. Margarets Street, Canterbury, CT1 2TG
Show Contact Number
0800 854 499
**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.
4.5

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:
£5,550
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.6

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
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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
1 bedroom properties in close proximity are mostly listed £455 - £763 – 11 recently listed properties were found in that band. However, the highest were £930, £895, £875.

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