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See how verdicts work2-bedroom flat · TN27 9AE
Sold STCListed 52 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located at the end of this quiet cul de sac is this beautifully presented first floor shared ownership apartment.
You enter a communal entrance hall, with a staircase from here taking you to the first floor landing and your own front door.
From here, a spacious hallway with generous utility and storage cupboards leads to the two double bedrooms, modern fitted kitchen with integrated Bosch appliances and quality three piece bathroom suite, with the spacious lounge/dining room at the end of the hallway.
Outside, there are secluded southerly aspect communal gardens, mainly laid to lawn, with the added benefit of external bike storage cupboards and a covered car port providing parking for one or two cars.
This popular location is only a short walk to the centre of the village, which offers a range of independent shops, pubs and restaurants as well as nearby doctor's surgery, playground and well regarded primary school.
Commuters are also well catered for, with regular mainline train services into London as well as easy access to the M20 motorway.
Please note that the price reflects a 35% share in the property (full market value of £220,000) but there is the opportunity to purchase a higher percentage of the property (staircasing) up to 100% of the total value.(additional legal fees may be added).
The rent payable on the unowned share is £451.67 per month (approx). The service charge is £100 per month (approx).
More information about applying for Shared Ownership: Income Requirement: Total household income must be less than £80,000 a year outside London Property Status: You must be a first-time buyer, a former homeowner who cannot afford to buy on the open market, or an existing shared owner looking to move.
Existing Homeowners: If you currently own a home, you must have formally accepted an offer for the sale of your current home (sold subject to contract) and complete that sale before buying a new shared ownership home.
Affordability: You must be unable to buy a home suitable for your needs on the open market. Buyers will be assessed for affordability.
Material information Leasehold Lease Length: 116 Years Remaining Ground Rent: N/A Service Charge: £1,200.00p/a Council Tax Band: B EPC Report: B Broadband: Fibre
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Flat C, 3, Fuggles Close, Ashford
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