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1 bed flat for sale

£59,999

Parham Road, Canterbury CT1

1 1
Interested in this property? Call +44 1625 684528 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Complete and tenanted student accomodation
  • Historical returns of £5,852 P/A
  • Shared lounge and kitchen
  • 24 hour supermarket next to development
  • Just A 15 minute walk to canterbury christ church university
  • Now conducting weekend viewings
  • Above 10% gross yield

Property description

Attention investors above 10% gross yield!

Part of the Canterbury Student Village, Kentish House is a new student development that has been successfully operating since September 2014.

Kentish House is home to 179 ensuite-student units and studios. The opportunity has now arose to buy a number of en-suite student bedrooms with shared facilities including kitchen/living area, common room and laundry room. Canterbury Christ Church University is just a 15-minute walk away.

The development is excellently placed to meet the high demand for quality accommodation for the 46,000 students studying in Canterbury.
Student units are now available, with historical rental returns of £5,852/pa per unit.

Call us today to have a chat about to our advisors and book in a viewing.
Market activity
Average price paid £284,292 Sales 372 Current average value £293,334 (Zoopla Zed-Index) Value change £1,799 ▲ 0.62%

Property value data/graphs for CT1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £474,720 £329 3.8 £465,945
Semi-detached £294,618 £308 3.1 £296,465
Terraced £284,394 £325 2.9 £279,848
Flats £223,745 £318 1.8 £213,255

Current asking prices in CT1

Average: £288,531
Avg. current asking prices in CT1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £200,000
(1)
£271,545
(21)
£336,831
(42)
£478,267
(28)
£488,333
(6)
Flats £121,678
(35)
£225,533
(45)
£330,000
(5)
- -
All £123,854
(36)
£240,173
(66)
£336,104
(47)
£478,267
(28)
£488,333
(6)

Current asking rents in CT1

Average: £1,140 pcm
Avg. current asking prices in CT1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £437 pcm
(53)
£921 pcm
(26)
£1,234 pcm
(24)
£1,419 pcm
(33)
£1,979 pcm
(26)
Flats £561 pcm
(88)
£959 pcm
(28)
£1,200 pcm
(1)
- £2,665 pcm
(1)
All £514 pcm
(141)
£940 pcm
(54)
£1,233 pcm
(25)
£1,419 pcm
(33)
£2,005 pcm
(27)

Fun facts for CT1

Highest value in CT1
Highest value streets Zed-Index
Ethelbert Road £660,252
St. Augustines Road £648,950
St. Lawrence Forstal £569,071
Churchill Road £558,102
Winchester Gardens £527,142
Highest turnover in CT1
Highest turnover streets Turnover
Sevastopol Place 82.4%
Puckle Lane 73.3%
Bellflower Mews 61.1%
Waters Edge 56.4%
Birch Road 56.2%

What Zoopla users think of Canterbury

Overall rating:

  • currently 4 stars
Very good - 83% (162 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Canterbury:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Canterbury West (0.9 miles)
  • Canterbury East (1.3 miles)
  • Sturry (1.5 miles)
  • Manston Airport (11.5 miles)
  • Lydd Airport (24.0 miles)
  • London Southend Airport (26.0 miles)
  • Folkestone Eurotunnel Terminal (13.4 miles)
  • Ramsgate Ferry Terminal (14.1 miles)
  • Dover Eastern Docks Ferry Terminal (15.2 miles)

Nearby schools

View all schools in Canterbury
  • Parkside Community Primary School (0.5 miles)
  • St Johns Church of England Primary School (0.6 miles)
  • St Stephen's Junior School (0.6 miles)
  • The King's School Canterbury (0.7 miles)
  • Canterbury College (1.0 mile)
  • CATS Canterbury (1.4 miles)
  • Barton Court Grammar School (0.9 miles)
  • The Archbishop's School (0.9 miles)
  • Junior King's School (1.3 miles)
Note: Distances are straight line measurements

Local info for Canterbury

AskMe Q&A for Canterbury

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For more information about this property, please contact
Pinnacle Alliance, M20 on +44 1625 684528 * (local rate)

Monthly running costs Beta

£423 Monthly total

Mortgage

Purchase price
Deposit (10%) 5,999
Repayment term 25
Interest rate 1.5
Your payment £215 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £650,000 Contents value up to £65,000 Average insurance cost £28/mo (£336/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £19 Electricity £26 Estimated energy cost £45/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5200 kWh/year
Electricity: 1900 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Canterbury

Estimated tax band A Council tax cost £108 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £18 Estimated water cost £27 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Pinnacle Alliance about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pinnacle Alliance, and do not constitute property particulars. Please contact Pinnacle Alliance for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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