St. Thomas Hill, Canterbury, Kent, CT2 8EH - 6 months ago
Listed for £1,500,000
November 30, 2023
This fine detached home has been in the same family ownership and run as a successful business for over 30 years. Located in desirable St. Thomas Hill moments to St. Edmund's School and walking distance to the city centre, the property retains a wealth of charming original features and sits on a plot of approximately 0.75 of an acre.
Virgilia House was built around 1907 with later additions. Currently run as an HMO this property offers excellent scope to improve and revert to a fine residential dwelling or development potential, subject to obtaining the usual Planning Consents. The accommodation can also be configured in various ways, for example as a self-contained residence with 16 Letting rooms.
To the front of the property a substantial driveway provides ample parking for many cars along with side access to a garage. Delightful and extensive gardens are generously stocked with mature plants and tree lined borders.
FEATURES
- Entrance Hall
- 4 Reception Rooms
- 19 Bedrooms
- 4 Kitchens (3 Kitchen/Diners)
- 5 Bathrooms and/or Shower Rooms
- 3 Separate WCs
- Laundry Room
- Various Store Rooms
- Walk-in Cellar
- Garage/Workshop
- Bike Shed
- Gardens & Grounds
SITUATION
The property is set well back from the Whitstable Road and not far from the highly regarded Conservation Area of St Dunstan’s with Canterbury West railway station and Canterbury city centre about a mile away. The property is also within easy reach of St Edmund’s School, Kent College and the University of Kent.
The bustling and vibrant city offers an excellent shopping centre, a choice of bars, restaurants and bistros, Marlowe Theatre along with many cultural interests. There is a good choice of schools in both the state and private sectors, together with grammar schools, colleges and universities. Canterbury has two railway stations, with Canterbury West operating the high speed Javelin train to London St. Pancras in just under an hour. Leisure facilities are also good, with a selection of golf courses, swimming pools, sports centre, Championship Cricket and water sports along the coast. The property is conveniently located for access to the A2 trunk road and M20 giving access to the Port of Dover, Channel Tunnel terminal at Cheriton, both of which operate services to the continent, and Ashford International passenger station.
DIRECTIONS
SAT NAV: CT2 8EH
AGENT’S NOTE
Please contact the office for additional information regarding the current income stream achieved for HMO.
PROPERTY INFORMATION
- Services: Mains water, gas, electricity and drainage.
- Local Authority: Canterbury City Council
- Council Tax band: “H” (2024/25)
- Fixtures and fittings are excluded from the sale but may be available by separate negotiation.
Cash In | |
Deposit (25%) | £375,000 |
Stamp duty & legals | £137,450 |
Total cash in | £512,450 |
| |
Cash Out | |
Room rate | £555 |
Gross rent | £10,545 |
Running costs/mo | £9,111 |
Cashflow/mo | £1,434 |
Cashflow/yr | £17,208 |
ROI | 3% |
Gross yield | 8% |
Population in CT2 | 31,022 |
Population in Canterbury | 65,078 |
Town centre distance | 1.06 miles away |
Nearest school | 0.20 miles away |
Nearest train station | 0.65 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -51% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +6% |
Sold prices | £230K - £1.2M |
Sold prices/m² | £2,837/m² - £9,127/m² |
| |
Square metres | ~589 m² |
Price/m² | £2,547/m² |
Value estimate | £1,830,000 |
BMV | 22% |
50 sold prices
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£665K | 12/22 | 0.07 mi | 6, Cherry Garden Road, Canterbury, Kent CT2 8EL | - | - | 4 | Detached House | |
£533K | 07/23 | 0.08 mi | 21, Cherry Avenue, Canterbury, Kent CT2 8EN | £4,298 | 124 | 4 | Detached House | |
£632K | 07/23 | 0.1 mi | 3, Cherry Garden Road, Canterbury, Kent CT2 8EL | - | - | 4 | Detached House | |
£450K | 05/21 | 0.15 mi | 23, Cherry Garden Road, Canterbury, Kent CT2 8EP | £4,469 | 101 | 4 | Semi-Detached House | |
£310K | 12/22 | 0.17 mi | Penthouse, Hilltop House, Glen Iris Avenue, Canterbury, Kent CT2 8HP | - | - | 4 | Detached House | |
£532.5K | 03/23 | 0.17 mi | 15, Glen Iris Avenue, Canterbury, Kent CT2 8HP | £4,475 | 119 | 4 | Detached House | |
£1.1M | 01/21 | 0.18 mi | 46, Harkness Drive, Canterbury, Kent CT2 7RW | £4,850 | 233 | 4 | Detached House | |
£435K | 10/20 | 0.21 mi | 59, Cherry Drive, Canterbury, Kent CT2 8HE | £3,816 | 114 | 4 | Detached House | |
£514K | 12/20 | 0.32 mi | 4, Westgate Court Avenue, Canterbury, Kent CT2 8DW | £4,673 | 110 | 4 | Semi-Detached House | |
£535K | 10/22 | 0.32 mi | 69, Hillside Avenue, Canterbury, Kent CT2 8HA | £6,446 | 83 | 4 | Semi-Detached House | |
£480K | 02/21 | 0.33 mi | 54, Hillside Avenue, Canterbury, Kent CT2 8HA | £4,486 | 107 | 4 | Semi-Detached House | |
£385K | 10/22 | 0.37 mi | 46, Westgate Close, Canterbury, Kent CT2 8JH | £5,923 | 65 | 4 | Semi-Detached House | |
£465K | 02/21 | 0.4 mi | 5, Cadnam Close, Canterbury, Kent CT2 7SD | - | - | 4 | Detached House | |
£460.5K | 04/21 | 0.42 mi | 74, Salisbury Road, Canterbury, Kent CT2 7HH | £4,428 | 104 | 4 | Detached House | |
£315K | 12/22 | 0.43 mi | 90, Bishops Way, Canterbury, Kent CT2 8DU | £3,539 | 89 | 4 | Terraced House | |
£1.2M | 01/23 | 0.43 mi | 15, Temple Road, Canterbury, Kent CT2 8JD | £5,742 | 209 | 4 | Semi-Detached House | |
£800K | 12/22 | 0.48 mi | 10, London Road, Canterbury, Kent CT2 8LR | £5,755 | 139 | 4 | Terraced House | |
£515K | 12/22 | 0.5 mi | 65, Mandeville Road, Canterbury, Kent CT2 7HD | £4,834 | 107 | 4 | Semi-Detached House | |
£440K | 10/21 | 0.5 mi | 6, Roseacre Close, Canterbury, Kent CT2 7HN | £4,000 | 110 | 4 | Semi-Detached House | |
£606K | 03/21 | 0.52 mi | 29, Highfield Close, Rough Common, Canterbury, Kent CT2 9DX | £9,127 | 66 | 4 | Semi-Detached House | |
£525K | 08/21 | 0.52 mi | 21, Highfield Close, Rough Common, Canterbury, Kent CT2 9DX | £5,469 | 96 | 4 | Detached House | |
£665K | 06/23 | 0.54 mi | 2, Mandeville Road, Canterbury, Kent CT2 7HB | - | - | 4 | Detached House | |
£484K | 04/21 | 0.54 mi | 1, Mandeville Road, Canterbury, Kent CT2 7HB | £5,149 | 94 | 4 | Terraced House | |
£750K | 03/21 | 0.56 mi | 4, Summer Hill, Harbledown, Canterbury, Kent CT2 8NH | £4,870 | 154 | 4 | Terraced House | |
£470K | 12/20 | 0.58 mi | 11, Ravenscourt Road, Rough Common, Canterbury, Kent CT2 9DH | £3,534 | 133 | 4 | Detached House | |
£425K | 01/21 | 0.59 mi | 18, Roper Road, Canterbury, Kent CT2 7EG | £3,795 | 112 | 4 | Terraced House | |
£245K | 09/21 | 0.59 mi | 4, Prioress Road, Harbledown, Canterbury, Kent CT2 8NX | £2,849 | 86 | 4 | Terraced House | |
£370K | 03/21 | 0.59 mi | 25, Rough Common Road, Rough Common, Canterbury, Kent CT2 9DL | - | - | 4 | Semi-Detached House | |
£470K | 02/23 | 0.59 mi | 9, Roper Road, Canterbury, Kent CT2 7EH | £3,534 | 133 | 4 | Terraced House | |
£590K | 03/21 | 0.59 mi | 3, Roper Road, Canterbury, Kent CT2 7EH | £3,217 | 183 | 4 | Terraced House | |
£620K | 02/23 | 0.6 mi | 8, Orchard Street, Canterbury, Kent CT2 8AP | - | - | 4 | Terraced House | |
£245K | 07/21 | 0.6 mi | 49, Miller Avenue, Harbledown, Canterbury, Kent CT2 8NY | £3,101 | 79 | 4 | Terraced House | |
£525K | 06/21 | 0.64 mi | 20, Rough Common Road, Rough Common, Canterbury, Kent CT2 9DJ | £4,332 | 121 | 4 | Detached House | |
£290K | 09/21 | 0.65 mi | 12, Mead Way, Canterbury, Kent CT2 8BB | £3,152 | 92 | 4 | Semi-Detached House | |
£642.5K | 07/22 | 0.66 mi | 14, Church Wood Close, Rough Common, Canterbury, Kent CT2 9BT | £3,693 | 174 | 4 | Detached House | |
£230K | 08/21 | 0.67 mi | 31, Shipman Avenue, Harbledown, Canterbury, Kent CT2 8PD | £3,108 | 74 | 4 | Semi-Detached House | |
£425K | 12/22 | 0.67 mi | 43a, Station Road West, Canterbury, Kent CT2 8AN | £3,373 | 126 | 4 | Terraced House | |
£380K | 05/21 | 0.68 mi | 64, Station Road West, Canterbury, Kent CT2 8AN | £5,890 | 65 | 4 | Terraced House | |
£360K | 11/20 | 0.68 mi | 66, Station Road West, Canterbury, Kent CT2 8AN | £3,600 | 100 | 4 | Terraced House | |
£275K | 10/21 | 0.69 mi | 76, Shipman Avenue, Harbledown, Canterbury, Kent CT2 8PE | £4,044 | 68 | 4 | Semi-Detached House | |
£740K | 03/23 | 0.69 mi | 41, Oaks Park, Rough Common, Canterbury, Kent CT2 9DP | £5,034 | 147 | 4 | Detached House | |
£740K | 09/22 | 0.7 mi | 51, Oaks Park, Rough Common, Canterbury, Kent CT2 9DP | - | - | 4 | Detached House | |
£465K | 01/21 | 0.7 mi | 45, Kirbys Lane, Canterbury, Kent CT2 8AG | £3,577 | 130 | 4 | Detached House | |
£415K | 06/23 | 0.7 mi | 102, Rough Common Road, Rough Common, Canterbury, Kent CT2 9BU | £3,458 | 120 | 4 | Semi-Detached House | |
£255K | 08/21 | 0.7 mi | 19, Squire Avenue, Harbledown, Canterbury, Kent CT2 8PF | £3,000 | 85 | 4 | Semi-Detached House | |
£278K | 06/23 | 0.7 mi | 36, Squire Avenue, Harbledown, Canterbury, Kent CT2 8PF | £2,837 | 98 | 4 | Terraced House | |
£355K | 09/21 | 0.71 mi | 1, The Spires, Canterbury, Kent CT2 8SD | £3,158 | 112 | 4 | Terraced House | |
£379K | 04/21 | 0.72 mi | 27, Orient Place, Canterbury, Kent CT2 8AW | - | - | 4 | Semi-Detached House | |
£495K | 12/22 | 0.72 mi | 133, Rough Common Road, Rough Common, Canterbury, Kent CT2 9BS | - | - | 4 | Semi-Detached House | |
£530K | 03/21 | 0.73 mi | 2, Garden Close, Rough Common, Canterbury, Kent CT2 9BP | £4,492 | 118 | 4 | Semi-Detached House |