We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · CT1 2DZ
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A most attractive Grade ll listed period building set in the colourful King's Mile area of the City in amongst a vibrant range of independent retailers, cafes and bistros and only a short walk the Cathedral precincts.
The mixed use property has accommodation arranged over four floors and is configured to provide retail premises on the ground floor and basement, and a residential split-level flat on the upper two floors.
The retail premises is pleasantly presented providing a shop with window frontage to Palace Street and on the lower ground floor are two basement rooms providing stock storage.
From the rear access is gained to the courtyard garden which measures approx 20' 7'' x 11' 11'' (6.27m x 3.63m) enclosed by solid brick walls and w/c.
The residential split-level flat on the upper levels is attractively presented and includes a large sitting/dining room to the front with views of the Cathedral spire.
To the rear is an attractively fitted kitchen/dining to the rear, storage cupboard and patio doors to a small decked area enjoying views over the roof tops of the City.
On the second floor are two comfortable bedrooms, both with inbuilt storage cupboards and the bathroom. The apartment benefits from gas fired heating and a good-sized loft.
The property is centrally located with all the main facilities and attractions are within walking distance including Canterbury Cathedral, the Marlowe Theatre and Whitefriars shopping comlex.
The City also has a comprehensive range of Schools and Colleges plus two Universities. The High-Speed rail link provides services to London St.
Pancras from Canterbury west station with a journey time of approx. 55 mins. Current rateable value: Approx.
£8,100 Council tax band: Flat - B Tenure: Freehold EPC Rating: Commercial premises - 108E EPC Rating: Flat - 64D What3words: ///bath.neon.skip
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

FAQ
About Palace Street, Canterbury
Explore nearby