# 2 bedroom flat for rent (CT2 8AN)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 7, THE MERCHANT STORE, STATION ROAD WEST, CANTERBURY, KENT CT2 8AN |
| Price | £1,200 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | E |
| Last sold | £150,000 Oct 2014 |

## Description

STUDENTS/SHARERS PREFERRED! AVAILABLE NOW. Two bedroom fully furnished basement apartment on Station Road West, within walking distance to the city centre. The property offers a good sized living room and fully fitted kitchen. Two double bedrooms and one bathroom. Call now to view! EPC Grade D. Council Tax Band E. Security Deposit £1384. Holding Deposit £276. Please see our online listing for more details.

**IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:**

We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. 

CAE140003/2

## Property Photos

- ![Front](/listings/photos/157718159/1610714) - Front
- ![Lounge](/listings/photos/157718159/1610716) - Lounge
- ![Kitchen](/listings/photos/157718159/1610718) - Kitchen
- ![Dining Area](/listings/photos/157718159/1610720) - Dining Area
- ![Lounge](/listings/photos/157718159/1610721) - Lounge
- ![Bathroom](/listings/photos/157718159/1610722) - Bathroom
- ![Bedroom 1](/listings/photos/157718159/1610723) - Bedroom 1
- ![Bedroom 2](/listings/photos/157718159/1610724) - Bedroom 2
- ![Kitchen](/listings/photos/157718159/1610725) - Kitchen
- ![Kitchen](/listings/photos/157718159/1610726) - Kitchen

## Floorplans

- ![Floorplan](/listings/photos/157718159/1610727) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/157718159/1610728) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE MERCHANT STORE FLAT 7 STATION ROAD WEST, CANTERBURY, KENT, CT2 8AN | £150,000 | 28/10/2014 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 153 STATION ROAD WEST, CANTERBURY, KENT, CT2 8DE | £255,000 | 28/11/2025 | Flat |
| ABBOTS LODGE 23 ROPER ROAD, CANTERBURY, KENT, CT2 8FD | £207,500 | 18/03/2025 | Flat |
| 138 STATION ROAD WEST, CANTERBURY, KENT, CT2 8HY | £160,000 | 29/11/2024 | Flat |
| ABBOTS LODGE 21 ROPER ROAD, CANTERBURY, KENT, CT2 8FD | £135,000 | 13/11/2023 | Flat |
| THE MERCHANT STORE FLAT 8 STATION ROAD WEST, CANTERBURY, KENT, CT2 8AN | £330,000 | 10/10/2023 | Flat |
| KIRBYS HEIGHTS FLAT 4 STATION ROAD WEST, CANTERBURY, KENT, CT2 8FB | £230,000 | 07/09/2023 | Flat |
| STERLING COURT FLAT 10 POUND LANE, CANTERBURY, KENT, CT1 2HY | £198,000 | 19/06/2023 | Flat |
| WESTSIDE APARTMENTS FLAT 3 STATION ROAD WEST, CANTERBURY, KENT, CT2 8WA | £266,000 | 02/06/2023 | Flat |
| THE MERCHANT STORE FLAT 2 STATION ROAD WEST, CANTERBURY, KENT, CT2 8AN | £325,000 | 26/05/2023 | Flat |
| 14 CARRIAGE MEWS, CANTERBURY, KENT, CT2 8AL | £227,500 | 17/05/2023 | Flat |
| 131 STATION ROAD WEST, CANTERBURY, KENT, CT2 8DE | £196,000 | 17/04/2023 | Flat |
| 157 STATION ROAD WEST, CANTERBURY, KENT, CT2 8DE | £240,000 | 28/02/2023 | Flat |
| ABBOTS LODGE 32 ROPER ROAD, CANTERBURY, KENT, CT2 8FD | £338,000 | 21/11/2022 | Flat |
| 42 ORIENT PLACE, CANTERBURY, KENT, CT2 8AW | £287,500 | 15/11/2022 | Flat |
| ABBOTS LODGE 50 ROPER ROAD, CANTERBURY, KENT, CT2 8FD | £152,000 | 11/11/2022 | Flat |
| 91 STATION ROAD WEST, CANTERBURY, KENT, CT2 8SE | £220,000 | 20/10/2022 | Flat |
| THE MERCHANT STORE FLAT 3 STATION ROAD WEST, CANTERBURY, KENT, CT2 8AN | £440,000 | 05/10/2022 | Flat |
| 24 GREAT STOUR PLACE, CANTERBURY, KENT, CT2 7EY | £316,500 | 29/09/2022 | Flat |
| 97 STATION ROAD WEST, CANTERBURY, KENT, CT2 8SE | £200,000 | 29/09/2022 | Flat |
| TEMPLARS COURT FLAT 6 KIRBYS LANE, CANTERBURY, KENT, CT2 8JX | £160,000 | 28/09/2022 | Flat |

**Area average:** £244,200 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £179,367 (15 Flat, CT2, 2024–2026)
- **Deviation:** -99.3%

## Rental Range

*ONS Price Index of Private Rents (Canterbury). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,151/mo
- **Realistic:** £1,279/mo
- **Optimistic:** £1,407/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Canterbury (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £893/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Great Stour Place, CT2 | £1,300/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Tannery Way North, CT1 | £1,395/mo | 2 | 0.4 miles | OpenRent |
| 2 Bed Flat, Canterbury Lane, CT1 | £1,399/mo | 2 | 0.51 miles | OpenRent |

**Average rent: £1,365/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 116.25% (strong)
- **Max investor price (0.8%):** £174,375
- **Target investor price (1%):** £139,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,395/mo).*

- **Gross yield:** 1395%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £1,226/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4226.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -18.1%
- **10y growth:** -24.7%

## House Price Index (HM Land Registry)

*Official index for Canterbury; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** 1.7%
- **5y growth (index):** -2.3%
- **10y growth (index):** 14.3%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)