7 Bed Detached House, Planning Permission, Canterbury, CT4 6TD, £640,000

High Street, CT4 6TD - 4 views - a month ago

Planning
~217 m²
+15 photos

ValuationFair Value

Sold Prices£340K - £880K
Sold Prices/m²£2.8K/m² - £5.5K/m²

 

 

Square Metres

~217 m²
Price/m²£2.9K/m²

Value Estimate

£646,400

 

 

End Value (After Refurb)

£958,232

Uplift in Value

+50%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£160,000

Stamp Duty & Legal Fees

£52,700

Refurb Costs

£103,625

Bridging Loan Interest

£16,800

Total Cash In

£334,875

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£958,232

Agent Fees (1%)

£9,582

Bridging Loan

£480,000

Bridging Loan Interest

£16,800

Flip Profit

£133,775

Local Sold Prices

22 sold prices from £340K to £880K, average is £492.5K. £2.8K/m² to £5.5K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£397.5K02/210.08 miForge Cottage, The Row, Elham, Canterbury, Kent CT4 6UW4
£675K10/210.13 miHeathfield Cottage, Old Road, Elham, Canterbury, Kent CT4 6UH4
£880K08/230.6 miLone Pine, Canterbury Road, Elham, Canterbury, Kent CT4 6UE4
£475K11/221.89 miAsh Cottage, North Lyminge Lane, Lyminge, Folkestone, Kent CT18 8EE4
£340K01/211.92 miAnmavida, Canterbury Road, Lyminge, Folkestone, Kent CT18 8HX4
£675K03/211.94 miHoneywood House, Brady Road, Lyminge, Folkestone, Kent CT18 8HA4
£540K06/211.94 miBrook Cottage, Canterbury Road, Lyminge, Folkestone, Kent CT18 8HT4
£575K08/221.99 mi14, Station Road, Lyminge, Folkestone, Kent CT18 8HP4
£615K07/212.08 miBedingfield House, High Street, Lyminge, Folkestone, Kent CT18 8EL4
£386K06/212.11 miRobinscroft, Brady Road, Lyminge, Folkestone, Kent CT18 8EU4
£442.5K05/212.11 miSt Dunstans, High Street, Lyminge, Folkestone, Kent CT18 8EN4
£410K09/212.59 mi14, Densole Way, Densole, Folkestone, Kent CT18 7BQ4
£515K05/232.64 mi5, St Johns Way, Densole, Folkestone, Kent CT18 7DW4
£470K01/212.66 mi335, Canterbury Road, Densole, Folkestone, Kent CT18 7BE4
£350K10/202.66 mi342, Canterbury Road, Densole, Folkestone, Kent CT18 7BE4
£510K03/212.66 mi329, Canterbury Road, Densole, Folkestone, Kent CT18 7BE4
£425K06/212.66 mi11, Minter Avenue, Densole, Folkestone, Kent CT18 7DS4
£725K04/212.78 miEstovers, Curtis Lane, Stelling Minnis, Canterbury, Kent CT4 6BT4
£700K12/202.84 miThe Beeches, Sandling Road, Lyminge, Folkestone, Kent CT18 8DX4
£470K02/212.96 mi17, St Marys Drive, Etchinghill, Folkestone, Kent CT18 8NQ4
£600K01/212.96 miThe Chapel, 1, St Marys Drive, Etchinghill, Folkestone, Kent CT18 8NQ4
£380K02/213 miBella Vista, Westfield Lane, Etchinghill, Folkestone, Kent CT18 8BX4

Local Rents

10 rents from £950/mo to £2.9K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£95012/240.08 miThe Row, Elham, Canterbury, CT42
£1,90012/240.12 miElham, Nr Canterbury, Kent3
£1,50012/240.13 miHigh Street, Elham, Canterbury3
£1,39512/240.18 miHigh Street, Elham, Canterbury, Kent, CT43
£1,54012/240.86 miFlint Cottage, Elham Park, Elham, Kent2
£2,80012/241.1 miCanterbury Road, Ottinge, Canterbury, CT44
£1,37512/241.12 miLower Court Cottage, Shuttlesfield Lane, Ottinge, Canterbury, Kent, CT4 6XJ2
£2,90004/242.07 miHigh Street, Lyminge, Folkestone, CT185
£2,30012/242.22 miFryarne Park Farm, Stelling Minnis5
£2,00012/242.43 miBossingham Road, Stelling Minnis3

Local Area Statistics

Population in ct4

16,587

Population in Canterbury

65,078

Town centre distance

9.27 miles away

Nearest school

0.10 miles away

Nearest train station

4.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+49%

Sales demand

Buyer's market

Capital growth (5yrs)

+25%

Property History

Listed for £640,000

March 11, 2025

Description

  • Stunning position in charming village of Elham +
  • Uniquely restored Grade II* listed property +
  • Character bar and restaurant areas (55-65) +
  • Five en-suite letting bedrooms and two bedroom flat +
  • Front & rear external trade space (45-50) +
  • Suitable for continued use or residential conversion (STPP) +

The Abbot's Fireside is located in the charming and historic village and conservation area of Elham, Kent. The village lies in the centre of the Elham Valley, a picturesque area of the North Downs, in the Kent Downs Area of Outstanding Natural Beauty. Elham village lies approximately 9 miles south of Canterbury and 5 miles north east of Folkestone. The area is renowned for it's vast countryside and is popular with tourists, hikers and nature enthusiasts.

The area boasts numerous tourist attractions drawing large amount of visitors to the area including the historic City of Canterbury, Dover Castle, Port Lympe Zoo, Wigham Wildlife Park and numerous golf courses.

The area is accessed via the A2 trunk road running between Canterbury and Dover as well as the M20 linking Folkestone to London via the M25.

The Abbot's Fireside is a charming and historic Tudor building built as an inn in 1451, and is understood to have been used by The Duke of Wellington as his headquarters whilst preparing his battle with Napoleon at Waterloo, and King Charles II and the Duke of Richmond hid in the main fireplace when being chased by the Roundheads during the English Civil War. The property is Grade II* listed housing a number of stunning original features. This two-storey property is of timber-frame construction with plaster infilling under a pitch tiled roof. The Abbot's Fireside has been lovingly restored and renovated which has ensured the property has retained much of it's rustic charm and unique features.

GROUND FLOOR
- LOBBY.
- SNUG: With stripped wood flooring, exposed timbers and an imposing inglenook fireplace with original carved mantelpiece and log burner. Capable of providing comfortable seating for 8-12.
- RESTAURANT: Split level trade space is superbly presented with a combination of original tiled and stripped wooden flooring, exposed timbers and a grand inglenook with original carved mantelpiece and wood burner, as well as a second brick-built inglenook fireplace. Capable of providing seating for 40 patrons.
- BAR: Capable of providing seating for 12 patrons. Benefitting from a second bar area to the rear.
- GENTLEMEN'S TOILETS.
- LADIES TOILETS.
- LOBBY/SUMMER ROOM.
- UTILITY ROOM.
- TRADE KITCHEN: With extractor, six burner range cooker, salad station, two deep fat fryers, double deep fat fryers and dry store pantry offset. In addition there is a area adjacent.
- SKULLERY/WASH-UP/PREP AREA.

BASEMENT
- CELLAR: Incorporating an original bakers oven.

FIRST FLOOR
Letting accommodation, comprising:
- 3 x FOUR POSTER DOUBLE BEDROOMS WITH EN SUITE BATHROOM (one with dressing room offset).
- 2 x DOUBLE BEDROOM WITH EN SUITE BATHROOM.
- OFFICE.

SECOND FLOOR
Owner's accommodation, comprising:
- DOUBLE BEDROOM WITH EN SUITE BATHROOM.
- DOUBLE BEDROOM WITH EN SUITE SHOWER.
- OFFICE.

EXTERNAL
- FRONT TRADE PATIO: A sun-trap capable of providing seating for up to 25 patrons.
- FRONT PARKING: Space for six vehicles.
- REAR COURTYARD: With seating for up to 25 patrons.
- REAR GARDEN: With decking and seating for 15-20.

We are of the opinion that, subject to planning permission, the property may be suitable for conversion into a single grand residential dwelling. Interested parties should make their own enquiries with the Local Authority.

The property has recently been let to a third-party, however the business is currently closed. No trade is sold or warranted. Historic accounts are not available.

Any interested party must make their own assumptions as to achievable trade figures giving regard to the location, size and style of the property.

A full Premises Licence is held (LC202101-707) permitting alcohol sales (on and off):
Monday to Saturday 11:00-23:00
Sunday 12:00-22:30

All mains services are connected.
Rateable Value: £16,250.
Local Authority: Folkestone & Hythe District Council

Agent Details

Sidney Phillips Limited, South East

01892 352914

Next Steps?

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