Palace Street, Canterbury
CH

Palace Street, Canterbury

By Charles Bainbridge Estate Agents

£ 450,000

Reviews

2 out of 5 stars

Charles Bainbridge Estate Agents says ..

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 property has accommodation set over four floors and is configured to provid...

Property Oracle says ..

This two-bedroom, one-bathroom property located on Palace Street in Canterbury’s Westgate offers a prime location within walking distance to Canterbury Cathedral, a variety of shops, and excellent transport links. The property’s situation within a historic area adds to its appeal. However, the interior images suggest that the property requires modernisation and updating to meet contemporary standards. The dated décor, worn kitchen and bathroom, and lack of any significant garden space are notable drawbacks. The listing price of £450,000 places it at the lower end of the market for Palace Street, implying a relatively fair price, though one that would need to be adjusted for the upcoming refurbishment costs. The absence of details regarding the plot size prevents a complete assessment. Potential buyers should carefully factor in the cost of necessary renovations when considering this property. The property could be appealing to a buyer who is comfortable undertaking some DIY or renovations and is willing to accept the limited outdoor space in return for a desirable city centre location.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
8
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
466.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
222,854.00 £
Decreased by 15.77 %
from 264,570.00 £
Est sale value
134,208.00 £
Decreased by 6.19 %
from 143,062.00 £
Average area rental value
1,201.00 £/mo
Increased by 7.91 %
from 1,113.00 £/mo
Est letting value
466.00 £/mo
Unchanged by 0.00 %
from 466.00 £/mo
Est rental Yield
6.47 %
Increased by 28.12 %
from 5.05 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Charles Bainbridge Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
St Johns Church Of England Primary SchoolVoluntary Controlled SchoolGood0.30 KM
The King'S School CanterburyOther Independent School0.31 KM
St Peter'S Methodist Primary SchoolVoluntary Controlled SchoolGood0.55 KM
Riverside Children'S Centre (Canterbury)Children's Centre0.55 KM
St Thomas' Catholic Primary School, CanterburyVoluntary Aided SchoolOutstanding0.57 KM

Images

Photo 1 Photo 8 Photo 7 Photo 9 Photo 10 Photo 13 Photo 14 Photo 19 Photo 12 Photo 15 Photo 18 Photo 19

Nearby Streets

NameAverage PriceAverage SqftDistance
Duck Lane £ 90,00000.00 KM
The Causeway £ 97,37500.00 KM
St. Peter's Street £ 499,95000.00 KM
Canterbury Lane £ 310,00000.00 KM
Barton Mill Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Canterbury West5007CBW0.77 KM
Canterbury East5164CBE1.00 KM
Sturry5029STU5.01 KM
Bekesbourne5198BKS6.49 KM
Chartham5008CRT7.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Palace Street, Canterbury £ 450,000BUY5 / 100.00 KM
Palace Street, Canterbury, Kent £ 750,000BUY7 / 100.01 KM
King Street, Canterbury £ 210,000BUYUnknown0.05 KM
King Street, Canterbury £ 750,000BUY6 / 100.05 KM
Laurence Court, Knotts Lane, Canterbury, CT1 £ 325,000BUY6 / 100.07 KM

Nearby Properties

AddressPriceDistance
21c Palace Street £ 385,0000.00 KM
16 Palace Street £ 425,0000.00 KM
19 Palace Street £ 200,0000.00 KM
15 Palace Street £ 35,0000.00 KM
20 King Street £ 1,225,0000.05 KM