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See how verdicts work2-bedroom terraced house · CT11 9JU
No longer listedReduced £30k (−14.3%) on 20 JunListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well located two bedroom mid terrace property is situated in a central town position just a short walk from the Royal Harbour and Western Esplanade.
Ideal for buyers seeking convenience the home is also close to the local Loop bus route and a range of local amenities.
The accommodation offers a practical and well balanced layout including a separate utility room and a private courtyard garden to the rear providing useful outdoor space.
The property has been previously rented and has therefore been regularly maintained and compliant with relevant safety standards reflecting a well looked after home.
Further improvements and ongoing upkeep have been carried out by the current owners ensuring the property is presented as a solid and appealing option.
Offered chain free this property would suit a range of buyers including first time purchasers investors or those looking for a centrally located home close to the seafront.
Id disclaimer Identification checks Should a purchaser(s) have an offer accepted on a property marketed by Miles & Barr, they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £60 inc. VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued.
This charge is non-refundable under any circumstances.
Location summary Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821.
The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940.
The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin.
In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade.
The town is steeped in history with associations to many well known figures including Queen Victoria, Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre.
The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.
Ground Floor Living Room (11' 8" x 10' 11") Kitchen (10' 9" x 9' 1") Utility Room (7' 10" x 4' 9") Bathroom First Floor Bedroom (11' 8" x 10' 11") Bedroom (10' 9" x 7' 7") Exterior Front Garden Rear Garden
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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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 31, Townley Street, Kent
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