Worst House on the Street Logo
Wincheap, Canterbury, CT1 - Image 1
Wincheap, Canterbury, CT1 - Image 2
Wincheap, Canterbury, CT1 - Image 3
Wincheap, Canterbury, CT1 - Image 4
Wincheap, Canterbury, CT1 - Image 5
Wincheap, Canterbury, CT1 - Image 6
Wincheap, Canterbury, CT1 - Image 7
Wincheap, Canterbury, CT1 - Image 8
Wincheap, Canterbury, CT1 - Image 9
Wincheap, Canterbury, CT1 - Image 10
Wincheap, Canterbury, CT1 - Image 11

Wincheap, Canterbury, CT1

South East

£750,000
Listed on 18/06/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
2530 sqft

Description

This property presents a distinctive opportunity for both immediate enjoyment and future investment. The Wincheap B&B is a well-maintained four-star guest house situated in a prime location on the southeastern edge of Canterbury, a city known for its rich history and cultural significance. Housed within an elegant Victorian building, this seven-bedroom property retains many original architectural features while offering modern comforts. Five of the bedrooms are equipped with en-suite facilities, making it an ideal setup for accommodating guests. The ground floor features a bright breakfast room for guests, while the remainder provides spacious living quarters for owners. Additionally, a large basement offers generous head height and is currently utilized for storage, laundry, and fitness space. The outdoor area is equally impressive; set on a substantial plot with dimensions of 9 meters wide and 40 meters deep, the garden includes ample parking space for up to eight vehicles and a charming pergola that invites outdoor dining or relaxation in the hot tub area. This expansive garden also presents viable options for future development—an exciting prospect given that neighboring properties have successfully expanded their footprints under planning consent. Located just a ten-minute walk from Canterbury's city center and less than 400 meters from its historic walls, this property benefits from easy access to local amenities and attractions. As a UNESCO World Heritage Site, Canterbury draws millions of visitors each year. Its popularity ensures consistent demand for accommodations, providing an advantage to potential investors looking to tap into the thriving tourism market. Furthermore, there are significant opportunities to enhance this property’s financial performance through development. Options may include converting the existing structure into multiple apartments or holiday lets. There is also potential to construct additional accommodation in the garden area—planning precedents established by nearby developments suggest favorable prospects in this regard. With adjusted net profits currently at approximately £50,000 per annum and comprehensive accounts available upon request, this freehold property combines attractive revenue potential with numerous possibilities for future growth—a rare find in today’s market.

Investment Analysis

(CT1 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£296/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£953,734
10% above area average per sq ft
Potential ROI
+12.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (CT1)

Area prices are rising by +5.2% over the last 12 months
3 year growth: 3.8%
5 year growth: 7.3%
Investment Disclaimer: Analysis based on CT1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Wincheap, Canterbury, CT1
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,747
Based on a loan of £562,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Next Steps

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE