1-bedroom flat · TN24 8EL
Sold STCReduced £5k (−4%) on 15 SepListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Share of freehold and being sold with a new 99 year lease! No chain. Looking for a well presented and affordable flat, which is within easy reach of town? This has got to be on your viewing list!
Located on the edge of the main circular road is this studio style flat. The current owner has maintained and updated the property included a new kitchen and is light and airy throughout.
The lounge is a good size with space for the table for dinner and this leads to the bedroom which has enough space for a double bed.
The new kitchen has a range of wall and base units, electric hob, electric oven as well as a fridge / freezer and washing machine.
The bathroom has a modern white suite with bath and shower attachment, w.c and wash hand basin.
The seller advises as of January 2026, the property is share of freehold and with a current annual service charge of approx. £850 and a new lease of 99 years.
This information can be subject to change and amounts quoted may see variances and are provided in good faith. Parking Permits available.
The property is available to view immediately so call or email us today to arrange your viewing!.
DisclaimerThe Agent, for themselves and for the vendors of this property whose agents they are, give notice that:(a) The particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract(b) No person within the employment of The Agent or any associate of that company has any authority to make or give any representation or warranty whatsoever, in relation to the property.(c) Any appliances, equipment, installations, fixtures, fittings or services at the property have not been tested by us and we therefore cannot verify they are in working order or fit for purpose.
Lounge Area (4.2m x 2.4m) Bedroom Area (4.2m x 1.8m) Kitchen (2.4m x 2.2m) Bathroom (2.2m x 1.5m)
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.
Area
Agent & docs
FAQ
About Flat 5, 12,, Wellesley Villas, Ashford
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