2-bedroom flat · TN27 9AE
Sold STCListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale is this well-presented two-bedroom ground floor apartment, available under shared ownership (35% share), ideally situated in the highly desirable village of Headcorn, Kent.
The property offers spacious and well-balanced accommodation throughout, perfectly positioned between Ashford and Maidstone, with Headcorn’s mainline station, shops, pubs and restaurants all within easy reach-making it ideal for commuters and those seeking village living.
The welcoming entrance hall provides access to all rooms, enhancing the practical layout of the home.
The bright and spacious living/dining room offers excellent space for both relaxing and entertaining.
The modern fitted kitchen is well-equipped with an integrated oven, hob and microwave, complemented by ample worktop and cupboard space and dishwasher and fridge freezer.
There are two generously sized bedrooms, including a well-proportioned principal bedroom and a versatile second bedroom, ideal as a guest room, nursery or home office.
The contemporary three-piece bathroom is finished to a modern standard. Externally, the property benefits from an allocated parking space and access to a communal garden.
This attractive apartment is an excellent opportunity for first-time buyers or those looking to downsize in a popular village setting. Early viewing is highly recommended.
Please note that the price reflects a 35% share in the property (full market value of £220,000) but you are welcome to staircase and purchase a higher percentage of the property if this is affordable for you (additional legal fees may be added).
The terms of the lease for this property are 125 years commencing 2017. The rent payble on the unowned share is £451.67 per month (approx). The service charge is £200 per month (approx).
More information about applying for Shared Ownership: Income Requirement: Total household income must be less than £80,000 a year outside London Property Status: You must be a first-time buyer, a former homeowner who cannot afford to buy on the open market, or an existing shared owner looking to move.
Existing Homeowners: If you currently own a home, you must have formally accepted an offer for the sale of your current home (sold subject to contract) and complete that sale before buying a new shared ownership home.
Affordability: You must be unable to buy a home suitable for your needs on the open market. Buyers will be assessed for affordability.
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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