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See how verdicts work5-bedroom terraced house · CT1 3QE
For saleListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well-presented five-bedroom home situated on a popular road in Wincheap, just a short walk from the city centre.
Currently operating as a fully licensed student HMO, this represents an excellent opportunity for those looking to enter the investment market, whether catering to students of professional tenants alike.
Equally, it would make a strong addition to an established portfolio, having been exceptionally well maintained by the current owner, helping to attract reliable tenants year after year.
It has been a lucrative investment for the current owner, in the past having achieved £565 per room (including bills).
It offers modern, spacious communal areas which enjoy an abundance of natural light.
The kitchen is generously proportioned and has a range of high-gloss units, extensive worktop space, and plenty of storage.
It benefits from two integrated ovens with hobs and freestanding appliances including a washing machine and large fridge/freezer.
There is also counter space creating a breakfast bar for casual dining, making it a practical communal area for housemates.
Accommodation is presented across two floors, with two double bedrooms and a shower room downstairs and three double bedrooms sharing a bathroom upstairs.
All bedrooms are good sizes and can comfortably house double beds. Both bathrooms are contemporary, finished in neutral tones with modern tiling throughout.
One features a spacious walk-in shower enclosure, while the second offers a full-sized bath with overhead shower, providing flexibility for residents.
Despite its current use as an HMO, the property has largely retained its original layout and could easily be reconfigured back into a spacious family home with minimal alteration, turning the downstairs bedrooms back into reception rooms.
To the rear is a private, enclosed garden offering ample potential for landscaping and for buyers to create their own ideal outdoor space.
There is a gate providing alleyway access to the front of the property. Parking is available on street to the front of the property, with no permit required.
Location: Lancaster Road is a quiet road located in Wincheap, a short walk from the city centre.
The area itself has become very sought-after, offering an eclectic mix of independent shops, cafes and leisure facilities including a rock-climbing gym and a brand new padel club.
Wincheap is popular amongst families, due to its well-regarded primary school which offers a nurturing and supportive environment for children to thrive in.
There are a number of play parks and green spaces within a short walk of the property including the beautiful Westgate Gardens and Toddlers Cove playpark.
It is also an area popular with healthcare professionals who work at Kent & Canterbury Hospital which is within walking distance, as well as students who want to be close to the city centre and walking distance to Christchurch University and uca.
Both of Canterbury's mainline train stations are within walking distance, with the East offering direct services to London Victoria and the West providing the high-speed service into London St.
Pancras and the area offers easy access onto the A2/M2 commuter route to London Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 31, Lancaster Road, Canterbury
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