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Cherry Drive

South East

£400,000

Listed on 24/05/2026

Property Details

Bedrooms
2
Type
Detached
Area
1324 sqft

Description

This detached family residence, set in a peaceful and popular area near Canterbury city centre, offers a wealth of potential for renovation and extension, pending necessary planning approvals. Positioned on a sizable corner plot, the property is being sold chain-free, making it an attractive option for those looking to invest in their long-term family home. The interior boasts a light and versatile layout, featuring a spacious living room complete with a charming fireplace and sliding doors that lead directly to the garden—ideal for those who enjoy indoor-outdoor living. A separate dining room adds additional space for entertaining or family gatherings, while the generous kitchen/breakfast area provides room for casual dining and everyday activities. On the upper level, you'll find two well-sized double bedrooms along with both ground floor and first floor bathrooms that enhance the home's practicality. Outside, the property is enveloped by established gardens that offer privacy and ample outdoor space to explore possibilities for enhancement. The attractive rear garden complements the significant front garden which could be transformed into a private driveway with appropriate permissions. A single garage adds extra storage options. Free on-street parking is conveniently available nearby. Local amenities are plentiful with Canterbury's cultural attractions, schools, shops, bars, and restaurants just a short walk away. Excellent transport links provide access to London in under an hour via trains from Canterbury West station. This property represents an exceptional opportunity to create a custom family haven in a sought-after location.

Investment Analysis

(CT2 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£302/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£351
Avg Yield
5.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £60,000
Target Value
£527,435
10% above area average per sq ft
Potential ROI
+14.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (CT2)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -7.5%
5 year growth: +4.1%
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

Cherry Drive
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,427
Based on a loan of £300,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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