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Watling Street, Canterbury

South East

£775,000
Listed on 13/08/2025

Property Details

Bedrooms
7
Type
Detached house

Description

Nestled in the vibrant heart of Canterbury, this versatile property offers a unique investment opportunity with significant renovation potential. Currently functioning as a boutique guesthouse, it features seven distinct guest rooms that range from cozy doubles to spacious family accommodations, some equipped with private ensuite facilities. This layout allows for both immediate income generation and future adaptability. The communal spaces include a welcoming lounge and dining area, complemented by a functional shared kitchen. A communal garden at the rear enhances the outdoor living experience, providing a valuable retreat in this bustling urban environment. The property further benefits from a basement cellar, which serves as both staff accommodation and storage, improving overall operational efficiency. In addition to its current use, the property presents exceptional possibilities for transformation. With proper planning permissions, it could be reverted into a single-family residence or redeveloped into multiple apartments—an attractive prospect given its central location and generous plot size. Originally comprising two residential buildings, reinstating them could yield substantial returns on investment. The location itself is another highlight; it is within easy walking distance to Canterbury’s historic sites, pedestrian shopping areas, and an array of dining options. Excellent transport links via Canterbury West station provide quick access to London and beyond, while convenient road connections open up exploration of the picturesque Kent countryside and coastal towns. Four dedicated parking spaces at the front are an added convenience for guests or future residents—a rare find in this prime city center locale. Overall, this property not only maintains its charm but also offers extensive scope for strategic enhancement or redevelopment, making it an intriguing option for investors seeking long-term value in one of the region's most desirable settings.

Investment Analysis

(CT1 area)
Area Average
£343/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
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

Watling Street, 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
£2,839
Based on a loan of £581,250 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