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See how verdicts work1-bedroom flat · CT16 2QS
Sold STCReduced £5k (−5.3%) on 2 OctListed 66 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This top floor one bedroom flat will make an ideal first time buy or investment. Set in a popular residential area, the flat has a lounge/diner, bedroom, kitchen and bathroom.
Further benefits include double glazing and an allocated parking space. An early viewing is highly recommended on this chain free property.
Within the local area is a good range of shops including Morrisons and Asda and Dover town is also nearby.
There are excellent access routes to the A2/M2 and the A20/M20 and for anyone needing to commute by train then Dover Priory, with its fast links to London St Pancras in just 1 hour 5 minutes, is only a short drive away.
Close by is St James's development which has a cinema complex, a range of restaurants and High Street shops including Next and Marks & Spencer. Hallway Telephone entry system.
Cupboard containing the water cylinder. Electric consumer board. Doors to all rooms. Lounge/Diner (4.45m x 2.87m) Double glazed window to front and to side with distant sea views. Electric heater.
Kitchen (2.64m x 2.34m) Fitted with a range of worktop base and wall units. Integrated oven & hob with extractor over. Space for washing machine and fridge/freezer.
Double glazed window to side with distant sea views. Bedroom (3.25m x 2.97m) Double glazed window to front. Electric heater. Loft access. Storage cupboard.
Bathroom (2.16m x 1.68m) Panelled bath with shower attachment over. Low level WC and wash basin. Frosted double glazed window to rear. Outside Allocated parking space.
Lease Details The vendor has advised that there is a lease remaining of 89 years. The annual service charges/buildings insurance are £1,989.75. The annual ground rent is £300.
The above information, should be checked by your legal representative before proceeding. Energy Rating - D (63) Council Tax - Band B
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 8, Magpie Lodge, Mayfield Avenue, Dover
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