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New Town Street, Canterbury, Kent, CT1

South East

£220,000
Listed on 30/12/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
695 sqft

Description

Set in the sought-after area of New Town Street, this two-bedroom terraced house offers a blend of traditional character and significant potential for renovation. Upon entering, you are welcomed by a lounge featuring an inviting fireplace that serves as a focal point, leading into a separate dining room equipped with another fireplace and original floorboards, both highlighting the property's period charm. The rear kitchen provides access to a functional ground floor bathroom and overlooks a spacious garden—a prime space for future enhancements or extensions (subject to planning permission). Upstairs, the two generous bedrooms are bathed in natural light, appealing to various buyers from first-time homeowners to seasoned investors looking for rental opportunities. This property stands out due to its proximity to Canterbury city centre’s diverse amenities including shops and eateries, alongside excellent transport links via nearby railway stations. With its appealing features and promising location, this home represents an excellent investment opportunity ripe for customization and modern updates.

Investment Analysis

(CT1 area)

Below Market Value

This property is priced -7.6% below area average per sq ft

-7.6%
Potential saving
This Property
£317/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
£261,994
10% above area average per sq ft
Potential ROI
+4.8%
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

New Town Street, 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
£806
Based on a loan of £165,000 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