1-bedroom flat · ME12 2PW
Listing removedListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by tender – closing date 4PM on 2nd September 2026 Calling all cash buyers and property investors!
An exciting opportunity to acquire this one-bedroom ground floor apartment, offering excellent potential for those looking for a refurbishment project or investment opportunity.
The accommodation comprises a spacious lounge, kitchen/diner, double bedroom and bathroom, together with the added benefit of a private garden.
The property requires full modernisation throughout, providing the incoming purchaser with the opportunity to improve and add value.
The property is being sold with approximately 61 years remaining on the lease and prospective purchasers should make their own enquiries regarding the lease term and any potential extension.
The property is being offered for sale by tender, with all bids to be received by 4pm on Wednesday 2nd September 2026.
Please contact our office to request a Tender Pack, which provides full details of the property and explains the process for submitting a bid.
Cash buyers only Open Viewing Slots (No Appointment Needed): Wednesday 26th August 2026: 10am - 11am Saturday 29th August 2026: 2pm - 3pm Leasehold Details: 99 years from 17 June 1988 (61 years remaining) Ground Rent: £275 per year until 2053 (£400 from 1954 for the remainder of the term) Service Charge: £957.50 every 6 months (£1915 per annum) A copy of the Lease is available upon request.
The information provided above is given to the best of our knowledge and is for guidance purposes only.
Buyers should ask their solicitor to verify all leasehold information and should rely on their solicitor’s enquiries and advice before proceeding with the purchase.
Anti-Money Laundering Regulation: We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property.
We take the responsibility of this seriously in line with hmrc guidance in ensuring the accuracy and continuous monitoring of these checks.
Our partner, Hipla, will carry out the initial checks on our behalf. We will send you a link to conclude a biometric check electronically.
As an applicant, you will be charged a non-refundable fee of £12 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking and monitoring.
You will need to pay this amount directly to Hipla and complete all Anti-Money Laundering checks before your offer can be formally accepted.
The Accommodation Provides: Hall (3.58m (11'9") x 0.69m (2'3")) Living Room (3.58m (11'9") x 3.43m (11'3")) Kitchen (4.11m (13'6") x 2.82m (9'3")) Bedroom 1 (3.58m (11'9") max x 2.82m (9'3")) Bathroom (2.06m (6'9") x 2.00m (6'7")) Storage (1.14m (3'9") x 1.07m (3'6"))
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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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.
Area
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FAQ
About Flat 1, 85, Winstanley Road, Sheerness
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