6-bedroom flat · CT16 1QR
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Investment opportunity - block of five spacious flats An excellent opportunity to acquire a substantial residential investment comprising five spacious leasehold flats, offered for sale strictly as a single portfolio.
The accommodation consists of four generous one-bedroom flats and a spacious two-bedroom flat occupying the top floor.
The flats are well proportioned throughout and offer attractive accommodation with strong rental potential.
Four of the five flats are currently let, producing a combined rental income of approximately £32,640 per annum.
There is considerable scope to increase the existing rents towards current market levels, with an anticipated combined rental income across the development in the region of £45,000-£48,000 per annum, subject to refurbishment, market conditions and appropriate tenancy arrangements.
The basement flat currently requires refurbishment before being placed onto the rental market.
This has been taken into consideration within the asking price and provides an incoming purchaser with the opportunity to improve the accommodation and further enhance the overall rental return.
The properties are being sold on a leasehold basis only, and the sale does not include the freehold interest in the building.
Prospective purchasers should satisfy themselves as to the individual lease terms, service charges, ground rents and other relevant leasehold provisions through their legal representatives.
This opportunity is likely to appeal particularly to portfolio landlords and property investors seeking an established income-producing investment with further potential for rental growth and value enhancement.
Please note: The five flats are offered strictly as one transaction. Individual flats will not be considered for separate sale.
Early enquiries are recommended for further information regarding the existing tenancies, rental schedule and leasehold arrangements.
Tenure: Leasehold (100 years) Ground Rent: £100 per year Service Charge: £800 per year
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 3 Victoria Park, Dover
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