Modern Method of Auction
Auction date not yet published
3-bedroom semi-detached house · CT2 8PJ
For saleReduced £25k (−12.5%) on 26 SepListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Modern Method of Auction; Starting Bid Price £234,000 plus Reservation Fee.
Offered to the market with no forward chain, this well-loved three-bedroom mid-terrace home presents a fantastic opportunity for buyers looking to put their own stamp on a property that has remained within the same family for over 50 years.
The accommodation is well-proportioned throughout and offers excellent potential for modernisation and improvement.
Upon entering the property, there is a small entrance area leading through to a spacious lounge/dining room that stretches along the right-hand side of the house, providing a comfortable living and entertaining space.
To the rear is the kitchen, which in turn leads through to a versatile additional reception room.
Originally used as coal storage, this space has been converted and could serve as a dining room, home office, playroom, or snug depending on the new owner's requirements.
To the first floor, there are three bedrooms comprising two generous doubles and a further single bedroom.
The family bathroom is complemented by a separate WC, offering additional convenience for family living. The property also benefits from a loft, which is accessed via a pull down ladder.
Externally, the property benefits from a front garden and driveway, with the potential to create additional parking and convert it into a double driveway, subject to any necessary consents.
To the rear is a particularly impressive garden, undoubtedly one of the property's standout features.
Generous in size and offering plenty of space for outdoor entertaining, gardening, and family activities, it provides a wonderful outdoor environment rarely found with similar properties.
Situated in a popular residential location, this home offers buyers the chance to create a fantastic family residence whilst benefiting from no onward chain and a property that has clearly been cherished for generations.
EPC Rating C Material Information Construction Type/Materials: Brick & Block construction and Clay Tiles Broadband Coverage: To check broadband and mobile phone coverage please visit Ofcom here: Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional. Identification Checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable. Location Summary The property is situated within the city of Canterbury, being within easy access of the High Street and all its amenities.
These include an excellent modern shopping centre, the University of Kent, Canterbury Christ Church University and other colleges, together with an excellent choice of schools in both the public and private sectors.
In addition to the High Street is the Kings Mile, which is a lovely mall of boutique style shops, cafes, eateries and public houses.
Sporting and recreational opportunities nearby include: Golf at Scotland Hills, Canterbury, sailing at Whitstable Yacht Club and Herne Bay, county cricket at Canterbury and day trips to France via Eurotunnel, all within easy access.
In addition, the Marlowe Theatre, the spectacular Beaney House of Art & Knowledge and the Gulbenkian (theatre, cinema and café bar) at the University of Kent, all provide a wealth of excellent entertainment in Canterbury.
Canterbury has two mainline railway stations, with Canterbury West offering the high speed service to London (St Pancras 56 mins).
The property is also within easy access of the A2 dual carriageway, which in turn links to the Channel Port of Dover and Brenley Corner at Faversham, adjoining the M2 / A299 (Thanet Way) linking London and the coastal towns respectively.
Ashford International (15.4 miles, London St Pancras 38 mins).
Entrance Hall Lounge/ Diner (18' 2" x 10' 0") Kitchen (12' 7" x 10' 0") Reception Room (8' 2" x 6' 8") First Floor Bedroom (12' 9" x 9' 10") Shower Room WC Bedroom (8' 11" x 7' 1") Bedroom (12' 0" x 10' 2") External Garden Driveway
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
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 advisors 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 40, Priest Avenue, Kent
Explore nearby