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See how verdicts work2-bedroom flat · TN23 4AE
For saleListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared Ownership 40% An immaculately presented first floor apartment ideally located for access to Ashford Mainline station, Victoria Park and just a short walk from the town centre.
A communal entrance with stairs to all floors leads on to the light and airy accommodation, open plan kitchen/living space, two double bedrooms and bathroom/WC.
The property benefits from allocated parking along gas central heating, double glazing with Juliet balcony. Communal Entrance Hall Security intercom, stairs to floors.
Hallway Useful storage cupboard, doors to: Open Plan Kitchen/Living Space (5.74m x 3.99m (18'10 x 13'1)) A wonderfully light and airy space enjoying a triple aspect with Juliet balcony.
Fitted wall and base units, stainless steel sink with mixer tap and drainer unit, electric oven and gas hob with extractor hood and lighting over, integrated fridge/freezer and washing machine, radiator, cupboard housing gas fired boiler.
Bedroom (3.68m x 3.12m (12'1 x 10'3)) Double glazed window, radiator. Bedroom (3.68m x 2.54m (12'1 x 8'4)) Double glazed window, radiator.
Bathroom/Wc Modern white suite comprising panelled bath with mixer tap and mains shower over, low level WC, wash basin Parking Communal car park with allocated parking for one car visitor spaces.
Tenure Leasehold: Balance of 125 years from 2019 Service Charge - £159 per month. Buildings Insurance - £11 per month Rent on remaining 55% £428 per month Services All mains services connected.
Council Tax Ashford Borough 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
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FAQ
About 48, Scholars Way, Ashford
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