2-bedroom flat · CT11 8DW
For saleReduced £10k (−5.7%) on 13 JulListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying the upper level of this converted house, the apartment is bathed in natural light and offers a sense of privacy.
The interior has been thoughtfully updated to provide a "blank canvas" for its next owner. Living & Dining: The heart of the home is a spacious, open-plan kitchen and living area.
The kitchen area features modern light-grey cabinetry and integrated cooking facilities, all set against crisp white walls and soft grey carpeting that flows throughout the principal rooms.
Split-Level Bedrooms: A defining feature of this home is the layout of the bedrooms.
One bedroom is cleverly positioned on a separate level, accessed via a short staircase with traditional white balustrades.
This room makes a bold statement with elegant, dark damask-patterned feature wallpaper, creating a sophisticated retreat.
Modern Comforts: The second bedroom maintains the bright, airy feel of the home, featuring sloped ceilings that add to the top-floor character.
The Exterior & Bonus Space While this apartment does not feature a private garden, it boasts a highly practical hardstanding area to the side of the building.
Note: Though not legally classified as a formal parking space, this area has been utilised by previous residents for vehicle storage, providing a rare and valuable asset for a top-floor flat in this central location.
The Location: A Coastal Haven Located on the corner of Albert Road, you are perfectly positioned to enjoy the best of Ramsgate.
The Seafront: A mere "stone’s throw" from the stunning cliff-top promenade and the refreshing sea air.
Recreation: King George VI Memorial Park is just moments away, perfect for morning walks or weekend picnics.
Lifestyle: The vibrant Royal Harbour, with its boutique shops, cafes, and award-winning restaurants, is within easy walking distance. Lease & Maintenance Information: Tenure: Share of Freehold.
Lease Length: 999 years. Service Charge: Advised approximately £100 pcm. Agent's Note: This property is ideal for those looking for a coastal home with a bit of personality.
Its unique layout and the convenience of the side storage area make it a fantastic opportunity for first-time buyers or as a "lock-up-and-leave" holiday base.
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 40,Flat 3, Albert Road, Ramsgate
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