Worst House on the Street Logo
Vernon Place, Canterbury CT1 - Image 1
Vernon Place, Canterbury CT1 - Image 2
Vernon Place, Canterbury CT1 - Image 3

Vernon Place, Canterbury CT1

Unknown Region

£350,000
Listed on 22/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1109 sqft

Description

This two-bedroom detached house in the sought-after Vernon Place area of Canterbury offers a promising opportunity for renovation and investment. The property features a practical layout that includes a lounge, kitchen, and a conservatory that seamlessly connects to a private garden, complete with a covered hot tub area powered by solar panels. For added convenience, there's also a garage equipped with an electric door. On the upper level, two generous double bedrooms are complemented by a family bathroom, making it suitable for both personal use or rental potential. Notably, planning permission has already been secured to extend above the garage. This could enable future owners to create a spacious four-bedroom home—an attractive prospect for families or investors looking for value appreciation. Situated centrally in Vernon Place, the location provides easy access to a wide array of amenities including shops, restaurants, schools, and parks. Its proximity to key facilities makes it an appealing option for those seeking urban living without sacrificing comfort. The property is constructed from brick and block materials and remains free from significant adaptations for accessibility purposes. While it presents some elements that may require modernization, its potential for enhancement is significant—making it an excellent candidate for those eager to invest in a home that can be tailored to their specifications. Canterbury’s vibrant cultural landscape adds another layer of appeal; residents will find themselves near educational institutions like the University of Kent and numerous recreational options ranging from golf clubs to theaters. This combination of location benefits and development potential makes this property worthy of consideration for various buyers aiming to capitalize on Canterbury's growing market.

Investment Analysis

(CT1 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£316/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£35,000 - £87,500
10-25% of property value
Target Value
£428,978
10% above area average per sq ft
Potential ROI
-1.9%
After renovation
Monthly Sales
32
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (CT1)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.3%
5 year growth: 9.5%
Investment Disclaimer: Analysis based on CT1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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 CT1
Map showing location of Vernon Place, Canterbury CT1
Open Map