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See how verdicts work2-bedroom flat · TN28 8NP
For saleListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Greatstone House is an exceptional new development, perfectly positioned along the beachfront at Greatstone enjoying breathtaking sea and coastal views.
This impressive penthouse apartment forms part of a striking Art Deco-inspired building, ideally located close to local amenities including shops and a nearby bus route.
Inside, the property boasts a spacious open-plan living area with doors leading onto a private balcony - an ideal space for relaxing or entertaining while taking in the stunning sea views.
The contemporary kitchen is beautifully designed with sleek handleless units, integrated appliances, and a wine cooler, while a central island may be available by separate negotiation.
The apartment further benefits from two stylish bathrooms, including a Jack and Jill en-suite to the principal bedroom and a luxurious four-piece en-suite to the second bedroom.
Additional highlights include air conditioning throughout the apartment, neutral decor that provides the perfect blank canvas for personal touches, lift access to all floors with a video entry system for added security, disabled access to the main entrance, and an allocated parking space complete with an EV charging point for convenience.
The property is offered with a 999-year lease and a share of the freehold.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
FOL260097/8 Location Set along the unspoilt Kent coastline, Greatstone is a peaceful seaside village on the edge of Romney Marsh, offering a rare blend of coastal beauty and open countryside.
Greatstone is renowned for its expansive sandy beach, stretching for miles along the English Channel.
Unlike more commercial seaside destinations, the area retains a sense of calm and openness, with far-reaching views, wide skies, and uncrowded shoreline-ideal for relaxed coastal living.
Behind the beach lies the distinctive landscape of Romney Marsh, characterised by grazing land, waterways, and nature reserves, creating a tranquil and picturesque environment.
Greatstone enjoys a tucked-away feel while remaining accessible.
Road links connect easily to New Romney and Ashford, where high-speed rail services provide direct routes to London, making the area suitable for both permanent residence and weekend retreat.
Communal Entrance With steps or level access to the communal entrance. Stairs or lift service to each apartment. Secure entry with video entry system.
Allocated Parking This impressive building offers allocated parking to the rear with each apartment having one allocated parking space.
Share Of Freehold We have been informed by our vendor that each apartment will be sold with a 1/6th share of the freehold.
Lease Details We have been informed by our vendor that each apartment is being sold with an underlying 999 year lease.
Service Charge We have been informed by our vendor that the service charge is £1950 per annum. Ground Rent To be confirmed. Council Tax To be confirmed. EPC Rating Awaited
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Apartment 3, 2, The Parade, New Romney
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