On behalf of Kent County Council, the Residential Development Land team of property consultancy Knight Frank has launched a residential development site in Canterbury to market, that will eventually feature purpose-built student accommodation (PBSA).
The 4.2-acre development site, formerly known as Chaucer School, presents an exceptional residential development opportunity with a Gross Development Value of £23m.
“We are thrilled to bring this exceptional development opportunity to market, showcasing the vast potential of the former Chaucer School site. This project presents a unique opportunity for both residential and student accommodation, which will once completed, contribute to the growth and vitality of Canterbury. The site’s strategic location will not only meet the accommodation needs of the community, but it will also potentially have a positive impact on Canterbury’s residential and educational offerings for its current and future residents.”Aimée Pritchard-Davies, Partner in the City & East Land team, Knight Frank
Part of the draft Canterbury District Local Plan 2020, the Chaucer School site has received a positive pre-application response for a residential-led scheme comprising a minimum of 70 residential homes, including 30% allocated for affordable housing. Discussions with Canterbury County Council have also paved the way for a potential student housing scheme, aligning with the growing demand for PBSA.
Designed by DHA Architects, the proposed PBSA scheme includes 597 bed spaces distributed across four buildings, designed to enhance the existing landscape while meeting the demand for quality student accommodation.
“We are pleased to have appointed Knight Frank to commence marketing on this rare and prominent development opportunity in Canterbury. The pre-application supports residential development for the site but alternatively could provide some much-needed student accommodation within Canterbury.”Niral Patel, Disposal, Acquisition and Investment Surveyor, Kent County Council
The site is located a mile from Canterbury city centre, a historical city known for its UNESCO world heritage site Canterbury Cathedral. It is also well connected and is a ten-minute drive from Canterbury West and Canterbury East train stations, providing direct services to central London.