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7 bed end terrace house
Wincheap, Canterbury CT1
£750,000
Wincheap, Canterbury CT1
£750,000
Our Summary
- Subject to a successful planning application the existing property could easily be converted into numerous options, such as
- Additionally, there is a fantastic opportunity to build a two-storey property in the garden, where a precedent has already been set and planning permission would be most likely to be granted, such a development could potentially be
- Offers subject to planning will be considered
- This is a rare development opportunity to find a property in such good condition that offers significant uplift in value
Description
The Wincheap Bed & Breakfast is a four-star guest house in the heart of Canterbury, boasting seven bedrooms with five ensuites, a large west-facing garden, and parking for eight cars. The property is located on the south-east side of Canterbury, just a ten-minute walk to the city center, and is surrounded by history and tourist attractions. The guest house has been fully renovated to maintain its original Victorian features and offers a comfortable stay for guests. The property also has a large basement with good head height, currently used for storage, laundry, and a gym. The garden has significant parking and a pergola with outside dining and hot tub area, providing ample space for relaxation. The property offers development opportunities, including the possibility of converting the existing property into apartments or holiday lets, or building a two-storey property in the garden. With adjusted net profits of £50,000 per annum, this is a rare opportunity to find a property with significant uplift in value.