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See how verdicts work1-bedroom property · CT16 1AP
Opportunity summary
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About
DRAFT DETAILS. A FABULOUS ONE BEDROOM THIRD FLOOR APARTMENT WITH BALCONY. This development of stylish apartments are designed for the over 70s and offer a huge range of on-site facilities.
The apartment has a lounge/diner. kitchen, double bedroom with walk in wardrobe, wet room and storage room. On the ground floor is the communal lounge area, restaurant, laundry room and gardens.
An early viewing is highly recommended on this chain free property. This modern development is set in the heart of the town, with a large range of shops within walking distance.
There are excellent access routes to the A2/M2 and the A20/M20. The main line railway station at Dover Priory with its fast link to London in just over an hour, is also a short drive away.
The seafront and the famous white cliffs of Dover are also a short distance away.
The accommodation comprises (measurements are maximum, taken into bays and extremes):- From the communal hallway take the lift or stairs to the third floor. Door to apartment 63 opening to hallway.
Hallway Security intercom system, with both visual and verbal link to the main entrance door. Doors to lounge/diner, bedroom, wet room and store room.
Lounge/Diner 6.07m (19'11) x 3.2m (10'6) Wall mounted heater. Double glazed door opening to the balcony. Door to kitchen. Balcony 1.63m (5'4) x 1.52m (5') Area for table and chairs.
Views over the communal rear gardens. Kitchen 2.59m (8'6) x 2.46m (8'1) Fitted with a modern range of worktop base and wall units. Integrated fridge/freezer and oven and hob with extractor over.
Double glazed window to rear. Bedroom 4.11m (13'6) x 3.1m (10'2) Spacious double bedroom with double glazed window to rear. Wall mounted electric heater. Door to walk in wardrobe.
Walk in Wardrobe 1.85m (6'1) x 1.04m (3'5) Fitted with draw and hanging space. Wet Room 2.24m (7'4) x 2.13m (7') With walk in open shower area. WC and wash basin with cupboard under.
Wall mounted heater and electric towel rail. Storage Room 2.01m (6'7) x 1.3m (4'3) Containing the hot water tank. Wall mounted electric meter and consumer board.
Communal Areas There is an estate manager who oversees the daily running of the development. The communal facilities include lounge which is also used for social events on a regular basis.
Wellness suite and onsite bistro. On the ground floor is a laundry room and guest suite which can be booked at an extra cost. Outside are landscaped communal gardens with seating areas.
LEASE DETAILS There is a long lease remaining of 988 years. The annual service charges are £8,276.52 and can be paid monthly.
The property is purchased and 75% is owned by the new owner and 25% by Mccarthy & Stone Ltd. No rent is payable on the 25% share.
The annual service charges include - Cleaning of communal windows & communal areas Electric, heating and lighting to communal areas.
24 Hour emergency call system Upkeep of gardens and grounds Repairs and maintenance to the interior and exterior communal areas Buildings Insurance Contingency fund for redecoration.
1 Hour domestic assistance is also include in the annual charges.
The annual service charges do not include other costs such as council tax, electricity or TV licence The above information should be checked by your legal representative before proceeding.
Energy Rating - B (82) Council Tax - Band A
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.
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FAQ
About Elkington House, Charlton Green, Dover CT16
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