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3 Bed Terraced House For Sale Godden Road, Canterbury, CT2

£200,000- Terraced

Yield: 6.63%
1 of 7
Yield: 6.63%
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  • Rental Guide: £880 - £1,105
  • 3 Bedroom(s)
  • Description
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Key Features

  • No Forward Chain
  • Mid Terrace House
  • Three Bedrooms
  • Investment Opportunity
  • Hales Place
Last Updated: 13th April 2021

Description

If you are looking for a spacious property that would make a great investment or family home then this mid terrace home could be the one for you!

Open your front door and head inside your new property. The living room is large and spacious with space for a dining table and double doors out to your garden. The kitchen is accessed via the hallway with plenty of storage for all of your culinary needs. To the first floor you will find three bedrooms with a family bathroom.

This property would make a great buy to let investment with a previous return of £950 pcm approximately. You are a short walk from the 'One Stop' local shop and are within 1.5 miles of Canterbury city centre with bus routes that run through Hales Place.

This house is being sold with no forward chain so whether you are looking to invest or live in, this property could be the opportunity you have been waiting for!

Call now to see it for yourself!

Entrance Hall -

Living/Dining Room - 5.94m x 3.58m (19'6 x 11'9) -

Kitchen - 4.95m x 2.18m (16'3 x 7'2) -

First Floor -

Bedroom 1 - 3.07m x 3.07m (10'1 x 10'1) -

Bedroom 2 - 3.05m x 2.46m (10 x 8'1) -

Bedroom 3 - 3.48m x 1.85m (11'5 x 6'1) -

External -

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.
6.7

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 an average regular return.
5

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:
£6,000
The governments recent policies including, not to add additional tax to this property price band, will be positive for future price growth.
9.5

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

These figures are for illustration purposes, please adjust for greater accuracy.
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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
3 bedroom properties in close proximity are mostly listed £420 - £1,105 – 8 recently listed properties were found in that band. However, the highest were £1,600, £1,300, £1,260.

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