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Vernon Place, Canterbury, Kent CT1 - Image 1
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Vernon Place, Canterbury, Kent CT1

South East

£300,000
Listed on 05/02/2026

Property Details

Bedrooms
2
Type
Detached house
Area
1109 sqft

Description

Located in the sought-after Vernon Place area of Canterbury, this two-bedroom detached house offers a significant opportunity for renovation and expansion. Featuring a garage with an electric door, the property includes a practical layout with a WC, lounge, kitchen, and conservatory that leads to a private garden complete with a covered hot tub area utilizing solar panels. The upper floor accommodates two generous double bedrooms and a family bathroom. Notably, planning permission has been secured for an extension above the garage, allowing for the transformation into a four-bedroom residence—adding considerable value to the property. This brick and block constructed home is currently untouched regarding accessibility adaptations. With its prime location providing easy access to shops, eateries, schools, and parks, this property represents an ideal investment for those looking to create their perfect family home while benefiting from the vibrant amenities of central Canterbury.

Investment Analysis

(CT1 area)

Below Market Value

This property is priced -20.6% below area average per sq ft

-20.6%
Potential saving
This Property
£271/sq ft
Area Average
£341/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£415,559
10% above area average per sq ft
Potential ROI
+18.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (CT1)

Area prices are rising by +6.9% over the last 12 months
3 year growth: +8.9%
5 year growth: +8.8%
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

Vernon Place, Canterbury, Kent CT1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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