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St. Peter`s Lane, Canterbury

South East

£200,000
Listed on 08/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
741 sqft

Description

This charming two-bedroom cottage, steeped in history and located near the heart of Canterbury, presents a remarkable opportunity for those looking to undertake a comprehensive renovation project. Nestled within the city walls, this grade II listed property features an original flint wall as its rear boundary, offering a unique connection to the city's medieval past. The home is currently in need of extensive refurbishment, which includes the installation of gas central heating and modernisation of its interiors. It's an ideal blank canvas for creative buyers who wish to restore it while retaining its character. Inside, historical elements like original fireplaces, panelled doors, and sash windows add to the potential for transformation. The layout spans two floors with a sitting room featuring a fireplace, a dining area, and a compact kitchen that opens to the secluded garden. Upstairs houses two double bedrooms and a bathroom ripe for reconfiguration (subject to relevant consents). The garden is surprisingly large for such a central location and adorned with mature plants alongside the historic flint wall—a breathtaking backdrop. Positioned just moments from Canterbury's vibrant High Street with its plethora of cafés, restaurants, and shops, this property also boasts proximity to Westgate Gardens and easy access to Canterbury West Station for swift connections to London. This is truly an exciting investment opportunity in an enviable location.

Investment Analysis

(CT1 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£270/sq ft
Area Average
£343/sq ft
Avg Rent (weekly)
£292
Avg Yield
5.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£279,335
10% above area average per sq ft
Potential ROI
-3.7%
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

St. Peter`s Lane, 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
£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