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 workHouse · CT1 2QA
Listing removedListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Canterbury, within the City Walls, and on the northern side of Adelaide Place is this aesthetically attractive barn.
Adelaide Place lies between Stour Street and Castle Street within close proximity of the City centre with its wide array of shopping facilities, cafes, restaurants and tourist attractions.
Previous Planning Permissions Canterbury City Council granted Planning Permission under Ref: Ca/94/0371/can for conversion of the barn to a single dwelling (renewal of Planning Permission ca/89/0163/can, dated 27th May 1994, subject to conditions).
Canterbury City Council granted Planning Permission under Ref: Ca/00/00024/can for conversion of barn to a single dwelling, dated 22nd February 2000, subject to conditions.
Canterbury City Council granted Planning Permission under Ref: Ca/05/00003 for conversion of barn to a single dwelling (renewal), dated 16 February 2005, subject to conditions.
All the above Planning Permissions have now expired.
Current Planning Application An application has been made to Canterbury City Council, under Ref: Ca/22/00906, for Change of Use of the barn to a dwelling together with bike store.
The application has not yet been determined. Proposed Accommodation Ground Floor Entrance hall, cloakroom, sitting room, kitchen and dining room.
First Floor Landing, bedroom one with en-suite, two further bedrooms and bathroom. Outside Parking space, bin store, garden and cycle store.
Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation.
They are not necessarily figures at which a property will sell for and may change at any time prior to Auction.
Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price.
All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing.
This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty.
If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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.
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FAQ
About The Barn, Adelaide Place, Canterbury
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