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Chineham Way, Canterbury

South East

£249,000
Listed on 10/08/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
570 sqft

Description

This property presents a compelling opportunity for renovation and investment, situated in a tranquil cul-de-sac of Wincheap. As you enter, you are greeted by a hallway that leads to the first floor. The layout includes a practical kitchen on one side and a convenient cloakroom with WC and basin on the other. At the rear, the spacious living room serves as an inviting space for both relaxation and entertaining, featuring sliding doors that open onto a garden, enhancing indoor-outdoor flow. On the upper level, you will find two sizable bedrooms along with a family bathroom. While the interior is currently neutrally decorated, it offers ample potential for modernization, enabling you to customize the space to your personal taste. Externally, this property boasts an attached garage and off-street parking, alongside a private garden that provides a secluded outdoor area for enjoyment or further landscaping opportunities. Location-wise, this residence is well-positioned within walking distance of Canterbury East railway station—just under half a mile away—which enhances its appeal for commuters and access to local amenities. The surroundings strike a harmonious balance between urban conveniences and the serene charm of countryside living; it backs onto expanses of open farmland and orchards that afford picturesque views over Canterbury's historic skyline, including its renowned cathedral. Additionally, easy access to major roadways via the A2 simplifies travel to London or coastal destinations in Kent. With its promising renovation potential and favorable location characteristics, this property represents an excellent investment opportunity in a desirable area.

Investment Analysis

(CT1 area)

Above Market Value

This property is priced +27.5% above area average per sq ft

+27.5%
This Property
£437/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£214,873
10% above area average per sq ft
Potential ROI
-23.0%
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

Chineham Way, Canterbury
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£912
Based on a loan of £186,750 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.

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