3-bedroom house · CT12 6AZ
Listing removedListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Explore the possibilities with this freehold three-bedroom townhouse, offering versatile living spaces and a fantastic opportunity to create your ideal home or investment.
Entering via the front door to the hallway, with WC, you are greeted by an open-plan living, dining, and kitchen area, providing a bright and cohesive space designed for modern lifestyles.
This adaptable layout is perfect for both everyday living and entertaining, allowing you to tailor the configuration to your preferences.
The property features three comfortable bedrooms, over two floors, offering ample space for various needs.
One of the bedrooms benefits from an en-suite bathroom, providing a private and convenient retreat. A separate family bathroom serves the remaining bedrooms.
Externally, the property includes a private rear garden, offering an outdoor space for relaxation, gardening, or enjoying the fresh air.
Further enhancing convenience are two allocated parking spaces, one of which is undercover, providing practical solutions for vehicle storage.
The parking has direct access via a side door from the garden.
Situated in a well-connected area, the townhouse is conveniently located near local shops and amenities, ensuring everyday essentials are within easy reach.
Ramsgate train station, just over a mile away, offers high-speed rail links to London, making it ideal for those who commute or enjoy city visits.
Excellent road networks nearby provide swift access to and from Thanet. The property is currently tenanted.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 advisors 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
Agent & docs
FAQ
About 42, Observatory Way, Ramsgate
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