2-bedroom flat · CT11 7EZ
For saleListed 21 days
Opportunity summary
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About
~ Guide Price of £185,000-£200,000 | Ref: BM1083 (Ben Morris ~ Bespoke Coastal Property) ~ The Bread Factory, Millers Hill, Ramsgate, CT11 7EZ ~ Leasehold (170 Years) | Two Bedrooms | One Bathroom | Allocated Parking A converted mill apartment with Crittall-style windows in the heart of Ramsgate.
Occupying the second floor of a Grade ii-listed former mill, this two-bedroom apartment pairs the character of its industrial setting with a simple, contemporary interior.
The building dates to 1865, and its original proportions remain particularly evident inside the apartment.
Large, arched Crittall-style windows punctuate the rooms, bringing in natural light and providing an immediate reminder of the building’s former life.
At the heart of the apartment is a generous open-plan living space, bringing the kitchen, dining and sitting areas together in one sociable room.
The kitchen sits neatly to one side, with a long peninsula creating a natural divide between cooking and living areas while providing useful additional workspace and informal seating.
Dark cabinetry is paired with tiled flooring and integrated appliances, including a Neff oven, ceramic hob, extractor, fridge/freezer and dishwasher.
Beyond, there is ample room for both a dining table and a comfortable sitting area. There are two bedrooms, each with built-in storage.
The principal bedroom is particularly atmospheric, with an arched, multi-pane window framing elevated views across the surrounding rooftops and towards the town.
The second bedroom would work equally well as a guest room, nursery or dedicated home office.
The bathroom is generously proportioned and finished in a restrained palette of stone-effect tiling, with a bath and overhead shower, wall-hung WC and vanity unit.
A useful entrance hall provides further storage as well as provision for a washer and dryer, keeping the practical elements of apartment living away from the main living space.
The apartment also has allocated parking and lift access, two increasingly useful additions given its central position. The Setting The apartment is well placed for both the town and the coast.
Ramsgate station is within easy reach, with direct rail services towards London, while the Royal Harbour, seafront and town centre can all be reached on foot.
Ramsgate’s historic streets are home to an increasingly good collection of independent cafés, restaurants and shops, while the harbour and surrounding coastline provide easy access to the beaches and coastal walks for which this part of East Kent is known.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 2,Flat 7, Millers Hill, Ramsgate
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