2-bedroom house · CT1 2BZ
Listing removedReduced £25k (−4.5%) on 28 AugListed 123 days
Opportunity summary
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About
This property comes complete with all furniture, fixtures and fittings, ready for immediate occupation upon completion of purchase.
Surely one of the most beautiful properties in Canterbury, set on the Great Stour river in an historic setting, this one really is something special.
Tranquil, yet in the heart of the old city and just a few minutes walk from Canterbury West station, Butterfly Cottage was newly built in 1997 - using the Roman City Wall as it's foundation - to complete the end of an historic 19th Century terrace.
In 2018 the current owners purchased Butterfly as a one bedroomed property, and have since made a series of high quality improvements and conversions to transform it into what is now a truly spectacular and unique 2.5 bedroom riverside dwelling.
The property features a large fully vaulted living space on the first floor with real washed oak flooring opening onto a beautiful new glazed balcony and a large bay window which actually projects over the river!
This spacious living area also opens on to a brand new stylish high gloss white fitted kitchen with all white appliances and solid oak worktops, as well as a separate utility room.
The two main double bedrooms - which both feature French Doors to a Private Riverside Terrace - are located downstairs.
The main bedroom has it's own built in wardrobe suite, whilst the second could alternatively be utilised as a fabulous riverside home office.
There’s also a third double bed squeezed into a vaulted mezzanine above the living area. Reached by a ladder it can be used to sleep an additional (fit and able!) guest or two...
But do 'Mind Your Head!' The large luxury bathroom with bath and fully glazed shower over is also downstairs, as is an additional WC recently installed under the stairs.
The City of Canterbury itself offers a wide range of shopping facilities, restaurants and entertainment including the popular Marlowe Theatre.
Butterfly Cottage is perfectly placed to enjoy all that the City Centre offers, with a short stroll taking you into the High Street with its abundance of amenities and restaurants.
There are plenty of sports facilities, schools and Grammar schools within the locality.
Canterbury West station is just a short walk away, with its High-Speed link taking you to St Pancras in as little as 50 minutes.
There are also excellent road networks, with the A2 giving access to the Continent and the M2 to London and the airports.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
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FAQ
About Butterfly Cottage, 13, Pound Lane, Canterbury
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