2 Bed Bungalow, Planning Permission, Canterbury, CT2 8NF, £425,000

Mill Lane, Harbledown, Canterbury, Kent, CT2 8NF - 2 views - a month ago

Planning
~68 m²
+12 photos

ValuationOvervalued

Sold Prices£170K - £540K
Sold Prices/m²£2.5K/m² - £7.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£6.2K/m²

Value Estimate

£293,850

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£31,200

Total Cash In

£137,450

 

 

Cash Out

 

Rent Range

£890 - £2,000

Rent Estimate

£954

Running Costs/mo

£1,539

Cashflow/mo

£-585

Cashflow/yr

£-7,019

Gross Yield

3%

Local Sold Prices

50 sold prices from £170K to £540K, average is £282.5K. £2.5K/m² to £7.4K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£242K02/210.08 mi49, Shipman Avenue, Harbledown, Canterbury, Kent CT2 8PE2
£215K03/210.18 mi29, Knight Avenue, Canterbury, Kent CT2 8PB2
£245K03/210.28 mi21, Westgate Close, Canterbury, Kent CT2 8JH2
£274.5K12/200.28 mi45, Westgate Close, Canterbury, Kent CT2 8JH2
£287.5K01/230.28 mi35, Westgate Close, Canterbury, Kent CT2 8JH2
£270K03/210.4 mi31, Bishops Way, Canterbury, Kent CT2 8DS2
£290K10/220.41 mi34, Bishops Way, Canterbury, Kent CT2 8DS2
£345K09/210.43 mi9, Hillview Road, Canterbury, Kent CT2 8EY2
£305K11/220.43 mi48, Bishops Way, Canterbury, Kent CT2 8DS2
£350K09/210.44 mi41, London Road, Canterbury, Kent CT2 8LF2
£211K02/210.45 mi9, Somner Close, Canterbury, Kent CT2 8LL2
£480K11/200.45 mi10, Hillview Road, Canterbury, Kent CT2 8EX2
£540K12/200.46 mi42, Cherry Drive, Canterbury, Kent CT2 8ER2
£170K06/230.52 mi27, London Road, Canterbury, Kent CT2 8LN2
£460K11/200.57 mi5, New Street, St Dunstans, Canterbury, Kent CT2 8AU2
£292K02/210.57 mi13, New Street, St Dunstans, Canterbury, Kent CT2 8AU2
£315K08/230.57 mi14, New Street, St Dunstans, Canterbury, Kent CT2 8AU2
£287K10/210.6 mi22, Cross Street, Canterbury, Kent CT2 8AT2
£244.1K08/230.6 mi16, Cross Street, Canterbury, Kent CT2 8AT2
£242.5K12/220.62 mi4, Whitstable Road, Canterbury, Kent CT2 8DH2
£375K12/220.63 mi7, Church Street, St Dunstans, Canterbury, Kent CT2 8AS2
£267K05/210.67 mi59, St Dunstans Street, Canterbury, Kent CT2 8BS2
£395K02/230.71 mi10, Linden Grove, Canterbury, Kent CT2 8AB2
£348K12/220.71 mi11, Linden Grove, Canterbury, Kent CT2 8AB2
£268.5K12/200.74 mi57, Black Griffin Lane, Canterbury, Kent CT1 2DG2
£265K11/210.74 mi294, Wincheap, Canterbury, Kent CT1 3TY2
£235K02/210.75 mi185, Wincheap, Canterbury, Kent CT1 3TP2
£280K06/210.78 mi55, St Peters Grove, Canterbury, Kent CT1 2DJ2
£302K06/210.78 mi76, St Peters Grove, Canterbury, Kent CT1 2DJ2
£275K03/210.78 mi30, St Peters Grove, Canterbury, Kent CT1 2DJ2
£323K11/220.78 mi17, Seymour Place, Canterbury, Kent CT1 3SF2
£333.5K07/230.78 mi25a, Black Griffin Lane, Canterbury, Kent CT1 2DE2
£313K02/210.79 mi27, Tonford Lane, Canterbury, Kent CT1 3XU2
£243K09/210.8 mi1, St Jacobs Place, Canterbury, Kent CT1 3TU2
£291K04/230.8 mi17, St Jacobs Place, Canterbury, Kent CT1 3TU2
£235K01/210.8 mi12, St Jacobs Place, Canterbury, Kent CT1 3TU2
£285K08/210.8 mi17, Becket Mews, Canterbury, Kent CT2 8DF2
£305K10/200.8 mi9, Becket Mews, Canterbury, Kent CT2 8DF2
£225K05/210.81 mi23, Ingoldsby Road, Canterbury, Kent CT1 3UD2
£270K11/210.81 mi8, St Edmunds Road, Canterbury, Kent CT1 2PD2
£375K09/210.81 mi5, Pippins Place, Canterbury, Kent CT1 3FA2
£320K11/220.82 mi25, New Street, Wincheap, Canterbury, Kent CT1 3SS2
£295K11/200.83 mi25, Tower Way, Canterbury, Kent CT1 2DP2
£195K02/210.83 mi1, Tower Way, Canterbury, Kent CT1 2DP2
£200K01/210.83 mi14, Kirbys Lane, Canterbury, Kent CT2 8AG2
£275K01/230.84 mi1, York Road, Canterbury, Kent CT1 3TA2
£307K03/210.85 mi32, Salisbury Road, Canterbury, Kent CT2 7HH2
£235K02/210.85 mi9, Grove Terrace, Canterbury, Kent CT1 3SZ2
£230K06/210.85 mi9, Ivy Place, Canterbury, Kent CT1 3ST2
£280K06/230.85 mi25, Castle Street, Canterbury, Kent CT1 2PX2

Local Rents

21 rents from £890/mo to £2K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£98004/240.14 miCanterbury, Kent2
£1,10004/240.14 miMill Lane, Harbledown, CANTERBURY2
£89004/240.26 mi-2
£1,02503/240.29 miWestgate Close, Canterbury2
£1,10003/240.3 miRheims Court, Canterbury, Kent, CT22
£1,10005/240.31 miWestgate Close, Canterbury2
£1,20003/240.35 miBishops Way, Canterbury - Ref 0332
£2,00004/240.46 mi-2
£2,00004/240.46 miLondon Road, Canterbury, CT22
£1,20004/240.49 miBishops Way, Canterbury2
£1,10003/240.5 miLondon Road, CANTERBURY2
£1,19502/250.57 mi-2
£1,25004/240.57 miChurch Street, St. Dunstans, Canterbury2
£1,35003/240.59 miCross Street, Canterbury2
£1,40005/240.59 miWesley House, Whitstable Road2
£1,36003/240.59 miCross Street, St. Dunstans, Canterbury Ref 20112
£1,15005/240.59 miSt Thomas Hill, Canterbury2
£1,15003/240.59 miSt Thomas Hill, Canterbury2
£1,05003/240.6 miNew Street, Canterbury2
£95004/240.6 miWhitstable Road, Canterbury2
£1,07503/240.6 miWhitstable Road, Canterbury2

Local Area Statistics

Population in ct2

31,022

Population in Canterbury

65,078

Town centre distance

1.35 miles away

Nearest school

0.30 miles away

Nearest train station

0.81 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+59%

Sales demand

Buyer's market

Capital growth (5yrs)

+12%

Property History

Listed for £425,000

March 3, 2025

Floor Plans

Description

  • Chain Free +
  • Planning permission granted +
  • Large Plot +
  • Parking +
  • Spacious living +
  • Easy access to Motorways +
  • Close to City centre +
  • Train stations nearby +

Chain Free | Planning permission granted | Large Plot | Parking | Spacious living | Easy access to Motorways | Close to City centre | Train stations nearby

Mann Estate Agent in Canterbury are delighted to offer this two bedroom detached bungalow to the market.

Located on a large plot hidden away on a private no through road in the popular village of Harbledown, this is an exciting opportunity with planning permission in place to demolish the existing bungalow and build a four bedroom detached house measuring approximately 3,700sqft (Planning number CA/22/01714)

We also hold a video showing a 3D walk around of the property once built to above planning consent.

Subject to a change of planning this home could be easily be transformed with the large loft space to be converted.

Externally this property has a driveway for two cars and large garden wrapping around the bungalow.

This truly is a must see to really appreciate what is on offer, so give the team here a call today!

Agent Details

Mann, Canterbury

01227 202196

Next Steps?

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

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