2-bedroom flat · CT15 6DU
For saleListed 212 days
Opportunity summary
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About
An opportunity to be part of an exciting redevelopment and reimagining of Grade 2 listed Victorian former Coastguard cottages into exceptional seaside homes.
There are just 3 apartments, with prices starting at £395,000, created from the turret shaped east wing of the building, with the semi-circular shape giving an interesting feel to the main living rooms as well as providing panoramic views.
The village of St Margaret's at Cliffe offers local shopping, post office, doctor's surgery with pharmacy, newsagent/general store, primary school (Ofsted rated as 'outstanding'), churches and two riding stables, whilst The Bay itself is sheltered for bathing, fishing, sailing etc.
The cliff top to either side of The Bay is mainly in the care of the National Trust and offers some delightful walks.
There are golf courses at nearby Kingsdown and Deal with St George's at Sandwich (the venue of the 2020 British Open).
The nearby award-winning seaside town of Deal offers a good range of small boutique style shops, a Saturday market and a selection of restaurants, bars and pubs.
The Cathedral City of Canterbury offers an excellent shopping centre together with leisure interest, theatres and county cricket.
Excellent links to the continent via the Port of Dover the Channel Tunnel and Eurostar from Ashford and London (St Pancras), 75 minutes from Martin Mill station (approx. 2 miles).
ENTRANCE LOBBY Stairs to; FIRST FLOOR LANDING Door to: DINING HALL Column radiator.
LOUNGE A fabulous semi-circular room with triple aspect giving panoramic views over the gardens The South Foreland valley and the Channel. Column style radiator, stepped shelving.
KITCHEN Fitted with a range of Shaker style floor and wall cupboards with quartz worktops with inset sink.
Built in Neff appliances, oven, induction hob with extractor canopy/light, fridge/freezer and dishwasher. Cupboard housing 'Worcester' gas fired boiler, column style radiator.
From the dining room is a hallway with; column style radiator, cupboard with plumbing for washing machine and access hatch to roof space.
BATHROOM Panelled bath with wall mounted shower over and glazed screen, hand basin with drawers under.
WC with concealed cistern, chrome ladder style radiator, towel rail, tiled floor with under floor heating.
BEDROOM 1 Column radiator, door to: ENSUITE SHOWER ROOM Double width shower cubicle with glass screen, hand basin with drawers under, WC with concealed cistern, tiled floor with underfloor heating, chrome ladder style radiator/towel rail.
BEDROOM 2 Column style radiator. OUTSIDE Access via remote control electric entrance gates. Residents' car park with designated parking space. Shared outside storage room.
Approximately 1.7 acres of communal gardens grasses and wildflowers. NB: the internal photographs shown are for apartment 2.
COUNCIL TAX: TBC SERVICE CHARGE FOR COMMUNAL AREA: TBC MAINS GAS, ELECTRIC, WATER & DRAINAGE INSURANCE BACKED 10 YEAR WARRANTY - DETAILS TBC SM1412
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.
Area
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