4 Bed Detached House, Planning Permission, Canterbury, CT4 6XX, £899,500

Canterbury, Kent, CT4 6XX - 10 months ago

Leasehold
Planning
~129 m²
+14 photos

ValuationOvervalued

Sold Prices£340K - £880K
Sold Prices/m²£2.8K/m² - £4.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£7K/m²

Value Estimate

£432,110

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£224,875

Stamp Duty & Legal Fees

£60,660

Total Cash In

£285,535

 

 

Cash Out

 

Rent Range

£950 - £2,900

Rent Estimate

£1,288

Running Costs/mo

£3,089

Cashflow/mo

£-1,801

Cashflow/yr

£-21,606

Gross Yield

2%

Local Sold Prices

16 sold prices from £340K to £880K, average is £557.5K. £2.8K/m² to £4.7K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£386K06/211.22 miRobinscroft, Brady Road, Lyminge, Folkestone, Kent CT18 8EU4
£675K03/211.24 miHoneywood House, Brady Road, Lyminge, Folkestone, Kent CT18 8HA4
£880K08/231.39 miLone Pine, Canterbury Road, Elham, Canterbury, Kent CT4 6UE4
£340K01/211.47 miAnmavida, Canterbury Road, Lyminge, Folkestone, Kent CT18 8HX4
£442.5K05/211.5 miSt Dunstans, High Street, Lyminge, Folkestone, Kent CT18 8EN4
£475K11/221.52 miAsh Cottage, North Lyminge Lane, Lyminge, Folkestone, Kent CT18 8EE4
£615K07/211.52 miBedingfield House, High Street, Lyminge, Folkestone, Kent CT18 8EL4
£540K06/211.55 miBrook Cottage, Canterbury Road, Lyminge, Folkestone, Kent CT18 8HT4
£675K10/211.6 miHeathfield Cottage, Old Road, Elham, Canterbury, Kent CT4 6UH4
£575K08/221.6 mi14, Station Road, Lyminge, Folkestone, Kent CT18 8HP4
£397.5K02/211.72 miForge Cottage, The Row, Elham, Canterbury, Kent CT4 6UW4
£700K12/202.15 miThe Beeches, Sandling Road, Lyminge, Folkestone, Kent CT18 8DX4
£725K04/212.29 miEstovers, Curtis Lane, Stelling Minnis, Canterbury, Kent CT4 6BT4
£380K02/212.62 miBella Vista, Westfield Lane, Etchinghill, Folkestone, Kent CT18 8BX4
£470K02/212.65 mi17, St Marys Drive, Etchinghill, Folkestone, Kent CT18 8NQ4
£600K01/212.65 miThe Chapel, 1, St Marys Drive, Etchinghill, Folkestone, Kent CT18 8NQ4

Local Rents

14 rents from £950/mo to £2.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£2,80012/241.17 miCanterbury Road, Ottinge, Canterbury, CT44
£1,37512/241.34 miLower Court Cottage, Shuttlesfield Lane, Ottinge, Canterbury, Kent, CT4 6XJ2
£2,90004/241.52 miHigh Street, Lyminge, Folkestone, CT185
£1,90012/241.6 miElham, Nr Canterbury, Kent3
£95012/241.73 miThe Row, Elham, Canterbury, CT42
£1,50012/241.77 miHigh Street, Elham, Canterbury3
£1,39512/241.8 miHigh Street, Elham, Canterbury, Kent, CT43
£1,54012/241.84 miFlint Cottage, Elham Park, Elham, Kent2
£2,00012/242.13 miBossingham Road, Stelling Minnis3
£1,20009/242.28 miTo Let - Elmsted, Ashford2
£1,65004/242.29 miCanterbury Road, Etchinghill, Folkestone, CT183
£2,30012/242.33 miFryarne Park Farm, Stelling Minnis5
£1,70012/242.35 miFernham, Stelling Minnis3
£1,30003/252.36 mi-2

Local Area Statistics

Population in CT4

16,587

Population in Canterbury

65,078

Town centre distance

9.64 miles away

Nearest school

1.50 miles away

Nearest train station

3.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+49%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Listed for £899,500

June 13, 2024

Floor Plans

Description

  • Delightful country home with origins in the 18th Century +
  • Renovated and extended by the current owners +
  • With planning permission and huge potential +
  • Separate 2.83 acre field incorporating paddocks and barn +
  • Detached office, workshop, stables and garages +
  • Short drive to local village shops or nearby Canterbury +

This delightful detached country home has its origins in the 18th century but has been renovated and extended over the years while still retaining charming period features. It includes a detached office, a large workshop, double garage, stables and a nearby 2.83 acre field incorporating two paddocks and a barn with planning permission to be converted into additional stables and a manege. The cottage is surrounded by fields and has a spacious driveway flanked by a lawn where you can park numerous vehicles. The delightful dual aspect sitting room has a beamed ceiling, a brick fireplace and log burner as well as hard wearing wood effect flooring that flows through double pine doors into the beamed dining room. This has built in bookshelves, access to the inner hall and French doors to a decked terrace with footings for a potential garden room. The country kitchen has a range cooker, solid wood units housing appliances and an adjacent utility room and cloakroom. The first floor landing leads to the family bathroom and three double bedrooms including the dual aspect main bedroom, while on the top floor there is a dressing area/study and an attractive double bedroom/playroom. The garden lawn is bordered by high trees and includes a summerhouse and access to the detached office that is currently configured as a sitting room, a kitchenette/diner and toilet. The stable block consists of two large and one small stable/store room and a tack room.

What the Owner says:

This cottage is on a 2000 year lease and still has 1814 years to run so, although it is technically a leasehold property, it realistically comes under the category of a ‘Virtual Freehold.' We moved here 24 years ago and have renovated and extended the property including creating the second floor accommodation, underpinning the house, renewing plumbing and electrics and building the annex and have planning permission for a garden room and two porches. Sadly a change in circumstances mean we have to move but hope to stay in the area. It is not far to Lyminge with its shops, surgery, post office, pharmacy and primary school and Elham is also within easy reach. There are plenty of places for walking, cycling and riding including Lyminge Forest and two golf courses nearby. While Sandling station is not far away with fast trains to St Pancras taking just over an hour.

Room sizes:

  • SPLIT LEVEL GROUND FLOOR
  • Hall
  • Kitchen: 13'6 x 8'6 (4.12m x 2.59m)
  • Living Room: 16'7 x 10'1 (5.06m x 3.08m)
  • Dining Room: 10'2 x 9'3 (3.10m x 2.82m)
  • Utility Room/WC
  • SLIT LEVEL FIRST FLOOR
  • Landing
  • Bedroom 1: 16'9 (5.11m) narrowing to 12'2 (3.71m) x 10'6 (3.20m)
  • Bedroom 2: 10'1 x 9'1 (3.08m x 2.77m)
  • Bedroom 3: 10'0 x 8'8 (3.05m x 2.64m)
  • Bathroom: 10'11 x 5'11 (3.33m x 1.80m)
  • SECOND FLOOR
  • Dressing Area/Study: 12'9 x 9'2 (3.89m x 2.80m)
  • Bedroom 4: 16'4 x 12'5 (4.98m x 3.79m)
  • OUTSIDE
  • Front Garden
  • Driveway
  • Rear Yard
  • Double Garage/Workshop: 20'6 x 16'1 (6.25m x 4.91m)
  • Seperate Field (Paddocks/barn)
  • OUTBUILDING 1
  • Room 1 (office): 13'7 x 10'7 (4.14m x 3.23m)
  • Room 2: 11'2 x 9'4 (3.41m x 2.85m)
  • Toilet
  • Stable: 13'6 x 9'5 (4.12m x 2.87m)
  • Shelter: 10'10 x 8'6 (3.30m x 2.59m)
  • OUTBUILDING 2
  • Workshop: 20'6 x 16'1 (6.25m x 4.91m)
  • Store: 11'11 x 6'4 (3.63m x 1.93m)
  • Stable: 12'4 x 9'8 (3.76m x 2.95m)  
    The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Fine & Country, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Agent Details

Fine & Country, Canterbury

01227 532510

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪