The Tannery, Canterbury, Kent, CT1
PE

The Tannery, Canterbury, Kent, CT1

By PE Homes

£ 58,750

Reviews

2 out of 5 stars

PE Homes says ..

The Tannery is a collection of 1 & 2 bedroom pre-loved apartments nestled in the heart of Canterbury city. The properties have all been finished to a high standard.

Property Oracle says ..

This property is a 2-bedroom, 2-bathroom apartment located in Canterbury, Kent, within the The Tannery development on Creine Mill Lane North. The apartment’s proximity to Canterbury East and West train stations provides convenient access to transport links. Several primary schools are within a kilometre radius, offering options for families. The provided photographs suggest a modern and well-maintained interior, with a newly fitted kitchen and bathrooms. However, it’s important to note that the images represent a staged property, therefore, a potential buyer should inspect the property to validate the condition. A significant drawback is the lack of outdoor space, as the plot size is zero. While the list price of £58,750 might seem attractive initially, the pricing variability of similar properties in the same development indicates the need for a more thorough market analysis to ascertain its true value. Potential buyers should compare this listing with other comparable properties within The Tannery development to determine if it represents a fair market value given its size, features and location. The available data does not provide sufficient information to precisely assess the actual market value, but compared to nearby properties on Creine Mill Lane North, which are significantly more expensive, this property’s price may appear low, however, the context of those properties suggests a significantly different property type (flats v houses). Therefore, comparison within the Tannery development would be more relevant.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
2
Sqft (est)
642.70

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
222,854.00 £
Decreased by 15.77 %
from 264,570.00 £
Est sale value
185,097.60 £
Decreased by 6.19 %
from 197,308.90 £
Average area rental value
1,201.00 £/mo
Increased by 7.91 %
from 1,113.00 £/mo
Est letting value
642.70 £/mo
Unchanged by 0.00 %
from 642.70 £/mo
Est rental Yield
6.47 %
Increased by 28.12 %
from 5.05 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • PE Homes created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter'S Methodist Primary SchoolVoluntary Controlled SchoolGood0.41 KM
BemixSpecial Post 16 InstitutionRequires improvement0.69 KM
Little Hands Children'S CentreChildren's Centre0.96 KM
Wincheap Foundation Primary SchoolFoundation SchoolGood1.01 KM
The Orchard SchoolFoundation Special SchoolGood1.07 KM

Images

Tannery dining room-min IMG_9221 IMG_9211 IMG_9216 IMG_9201 IMG_9196 IMG_9131 IMG_9121 IMG_9191 IMG_9136 IMG_9126 IMG_9141 IMG_9161 IMG_9146 IMG_9151 IMG_9156 IMG_9166 IMG_9171 IMG_9186 IMG_9181 IMG_9206

Nearby Streets

NameAverage PriceAverage SqftDistance
St. Mary's Court £ 350,00000.00 KM
St. John's Court £ 000.00 KM
Greyfriars Lane £ 600,00000.00 KM
Gas Street £ 000.00 KM
Rheims Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Canterbury East5164CBE0.53 KM
Canterbury West5007CBW0.69 KM
Sturry5029STU5.96 KM
Chartham5008CRT6.56 KM
Bekesbourne5198BKS7.24 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Tannery, Canterbury, Kent, CT1 £ 57,500BUY7 / 100.00 KM
The Tannery, Canterbury, Kent, CT1 £ 60,000BUYUnknown0.00 KM
The Tannery, Canterbury, Kent, CT1 £ 58,750BUY5 / 100.00 KM
The Tannery, Canterbury, Kent, CT1 £ 57,500BUY5 / 100.00 KM
The Tannery, Canterbury, Kent, CT1 £ 61,875BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
13 Creine Mill Lane North £ 144,0000.02 KM
17 Creine Mill Lane North £ 250,0000.02 KM
5 Creine Mill Lane North £ 125,0000.02 KM
23 Creine Mill Lane North £ 162,0000.02 KM
50 Creine Mill Lane North £ 205,0000.02 KM