3 Bed Flat For Sale Bingley Court, Canterbury, CT1

£230,000- Flat

1 of 9
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Last Updated: 30th March 2024

Description

Investment opportunity in popular development near Canterbury East.

INTERIOR

Set on the 1st floor of the Bingley Court development, this deceptively spacious apartment would make a fantastic buy-to-let investment. At the heart of the apartment is an open plan kitchen/living area, which opens out onto a balcony with space to sit outside. There are three good-sized double bedrooms, with an en-suite to the master, and a separate family bathroom.

LOCATION

This apartment is located on the popular Bingley Court development - close to the city centre and Canterbury East station. Canterbury West train station is also just a short 15 minute walk along the River Stour, which provides High-Speed regular rail services to London St. Pancras with a journey time of approx. 55mins. There are several shopping & dining options close by, along with a lovely cycling/walking path, which runs along the river into the Kent countryside towards Chartham.

TENURE, MAINTENANCE & PARKING

This property is sold Leasehold, with seven years left on the lease (December 2031). There is a service charge of £160 per month, paid yearly, and a ground rent of £64.50, paid quarterly. The apartment also benefits from a parking permit for the private car park situated at the back of the development.

INVESTMENT OPPORTUNITY

This property is sold with tenants in situ until July 2025, with a current yield of 7.1%. 

LOUNGE/KITCHEN 17' 1\" x 12' 1\" (5.21m x 3.68m)  

BATHROOM 7' 4\" x 5' 7\" (2.24m x 1.7m)  

BEDROOM 14' 1\" x 9' 1\" (4.29m x 2.77m)  

BEDROOM 18' 1\" x 9' 2\" (5.51m x 2.79m)  

BEDROOM 15' 11\" x 11' 2\" (4.85m x 3.4m)  

ENSUITE 5' 10\" x 5' 10\" (1.78m x 1.78m)  
Agent Details
Martin & Co - Dual
71 Castle Street, Canterbury, CT1 2QD
Show Contact Number
01227 455 717

Investment Analysis

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Calculators

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Property Forecaster 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.
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Potential Return-on-Cash Invested