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Hanover Place, Canterbury, Kent, CT2

South East

£325,000
Listed on 15/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
990 sqft

Description

Nestled in a peaceful cul-de-sac, this three-bedroom terraced home presents a wonderful opportunity for renovation and investment. The entryway welcomes you into a spacious lounge-diner, which offers a bright environment conducive to both relaxation and entertaining guests. At the rear, a modern kitchen with integrated appliances provides direct access to the garden, complemented by a convenient ground-floor WC.<br><br>On the upper level, you'll find two sizeable double bedrooms featuring fitted wardrobes, along with a well-sized third room suitable for various uses such as a child's bedroom, guest area, or home office. The main family bathroom rounds off the first floor.<br><br>The private rear garden also includes access to an attached garage at the back—an adaptable space that holds potential for conversion into a home office or studio with appropriate planning permissions. This property’s practical layout and inherent potential make it an attractive option for families, first-time buyers, or astute investors looking to customize their living space to fit their needs.<br><br>Situated conveniently within Canterbury, residents can enjoy easy access to local amenities including shops, schools, and recreational opportunities, making it not only an ideal home but also a promising investment project.

Investment Analysis

(CT2 area)

Below Market Value

This property is priced -10.8% below area average per sq ft

-10.8%
Potential saving
This Property
£328/sq ft
Area Average
£368/sq ft
Avg Rent (weekly)
£343
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£400,970
10% above area average per sq ft
Potential ROI
+11.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CT2)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -3.4%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on CT2 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

Hanover Place, Canterbury, Kent, CT2
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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
£1,191
Based on a loan of £243,750 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