2-bedroom flat · ME17 2PW
Listing removedListed 161 days
Opportunity summary
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About
"This superb retirement development is ideally located near the village square, with beautifully tranquil gardens". - Matthew Gilbert, Senior Branch Manager.
An opportunity to acquire a two bedroom ground floor apartment within the popular and award winning Atwater Court Retirement Development in the village of Lenham.
The accommodation is arranged to include a 19ft living room with door onto a patio area and views over the communal gardens. Added to this there is a fitted kitchen and two bedrooms and a bathroom.
There is also UPVC double glazing and a garage found in the nearby block.
Being part of an exclusive retirement scheme, there are the added benefits and security of a full time resident Courtyard Manager and the Aid Call Emergency System as well as other features.
There is also the use of the very well maintained communal gardens, laundry and guest suite. Lenham is a well served village with shops, pubs, post office, doctors surgery and dentist.
There is also a railway station in the village and good access to the M20 motorway at Leeds village. The property is also being sold with no onward chain, so an early viewing comes most recommended.
Lobby Entrance door to Hall Double storage cupboard. Electric panel heater. Telephone point. Phone entry system. Shelving.
Lounge/Diner 19' x 14' 2" (5.79m x 4.32m) Double glazed window and double glazed door to side. Two electric panel heaters. Television point.
Casement door to Kitchen 9' 8" x 8' 2" (2.95m x 2.49m) Double glazed door to side. Range of base and wall units. Stainless steel sink unit. Diplomat electric oven and hob with extractor over.
Space for washer/dryer, fridge/freezer and slimline dishwasher. Electric panel heater. Localised tiling. Vinyl flooring. Bedroom One 13' 10" x 11' 5" (4.22m x 3.48m) Double glazed window to side.
Two sets of built in double wardrobes. Electric panel heater. Television point and telephone point. Bedroom Two 10' 10" x 8' (3.30m x 2.44m) Double glazed window to side. Built in double wardrobes.
Airing cupboard. Electric panel heater. Bathroom White suite comprising of low level WC, hand basin, large walk in shower cubicle with Mira shower unit. Chrome heated towel rail. Extractor.
Localised tiling. Garage There is a garage found in nearby block with electric up and over door and internal power.
Courtyard Area Accessible via the lounge and kitchen is a private paved patio area which looks onto the extensive communal grounds. Communal Gardens Communal open garden area. Large feature pond.
Allotments and formal gardens. Facilities Use of wash room, visitors apartment and personal allotment upon availability. Agents Note 1. The property is a leasehold property.
There is a 150 year lease on the property, starting from 1984. 2. There is a 55+ age covenant for the purchase property.
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.
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FAQ
About 9, Atwater Court, Lenham
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