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Franklyn Road, Canterbury, Kent, CT2

South East

£200,000

Listed on 22/06/2026

Property Details

Bedrooms
5
Type
Terraced
Area
1025 sqft

Description

This extended mid-terrace house presents a promising renovation opportunity in a desirable area near Canterbury City Centre, ideal for both developers and investors. With five generously sized bedrooms, the property’s layout is practical, featuring double bedrooms throughout which are highly sought after in the rental market. The ground floor includes versatile spaces that can be customized as reception areas or additional bedrooms, enhancing its appeal to future tenants or buyers. Given its need for comprehensive refurbishment, there is significant potential to increase its value and personal touch. An HMO licence is already in place, making it an attractive option for those looking to convert the property into a multi-let investment after renovation. This location benefits from high demand among families and first-time buyers due to its proximity to amenities and excellent transport links. After renovations, this property could serve excellently as either a family home or a strong rental asset.

Investment Analysis

(CT2 area)

Below Market Value

This property is priced -46.1% below area average per sq ft

-46.1%
Potential saving
This Property
£195/sq ft
Area Average
£362/sq ft
Avg Rent (weekly)
£351
Avg Yield
4.9%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£408,381
10% above area average per sq ft
Potential ROI
+40.8%
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 (CT2)

Area prices are stable by -0.7% over the last 12 months
3 year growth: -7.3%
5 year growth: +3.8%
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

Franklyn Road, Canterbury, Kent, CT2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% 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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