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Forrester Close, Canterbury, Kent, CT1

South East

£200,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
961 sqft

Description

This three-bedroom mid-terrace house presents a significant opportunity for those looking to invest in a property with renovation potential. While the home currently requires modernization, its spacious layout offers a blank canvas for creative transformation, enabling you to craft a bespoke living space tailored to your needs. Upon entry, a generous entrance hall invites you into the living areas of the home. The lounge runs the length of the house, allowing ample room for both relaxation and entertaining guests. The kitchen and dining area provide functional space that can be reimagined and updated for modern family life, making it an ideal setting for shared meals and gatherings. On the first floor, you’ll find three well-proportioned bedrooms alongside a practical bathroom. Each bedroom's size lends itself well to various configurations or updates as desired. The garden at the rear is another noteworthy feature, offering sufficient outdoor space that can be transformed into an inviting retreat or an area for recreational activities. The potential for landscaping or creating an outdoor living environment adds appeal for families or anyone looking to enhance their connection with nature. Located conveniently within Canterbury, this property benefits from easy access to local amenities, including shops, schools, and universities. The city’s vibrant culture also includes numerous dining options and recreational activities. With attractions such as the Marlowe Theatre and several parks nearby, residents can enjoy both urban conveniences and outdoor pursuits. For investors or first-time buyers seeking an uncomplicated acquisition process, this home has the added advantage of no onward chain. This aspect may facilitate quicker transactions, while the prospect of modernization enhances its long-term value potential. With its prime location and spacious interiors awaiting your personal touch, this property holds considerable promise for those willing to invest in vision and effort.

Investment Analysis

(CT1 area)

Below Market Value

This property is priced -39.3% below area average per sq ft

-39.3%
Potential saving
This Property
£208/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£362,268
10% above area average per sq ft
Potential ROI
+44.9%
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

Forrester Close, Canterbury, Kent, CT1
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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
£733
Based on a loan of £150,000 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