3-bedroom flat · CT11 9AT
Sold STCListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming three bedroom Georgian maisonette is offered to the market chain free and with a share of freehold, presenting an excellent opportunity to acquire a characterful turn key home in a highly central location.
Arranged over multiple levels, the property provides spacious and well balanced accommodation.
There are three generously sized bedrooms, two of which benefit from original built in storage cupboards and original fireplaces.
The main bedroom features a stylish en suite for added comfort and convenience.
The home retains a wealth of character and has been finished to a high standard throughout, allowing any buyer to move straight in with ease.
The inviting lounge boasts a fully working fireplace and original shutters, creating a warm and cosy focal point.
The kitchen is well equipped and features a Smeg range cooker, ideal for those who enjoy cooking and entertaining.
In addition, the boiler is serviced annually, offering peace of mind for prospective buyers. Further benefits include sole access to a boarded loft, providing excellent additional storage space.
Externally, the property enjoys a private rear garden and also a balcony, offering an ideal space for both relaxing and entertaining.
Ideally positioned in a central town location, the home is within easy reach of the Royal Harbour and seafront, and just a short walk from Ramsgate train station and the Loop bus route, making it ideal for commuters and those looking to enjoy all that the area has to offer.
ID Disclaimer If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete ID verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £120 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable.
Location Summary Ramsgate is situated on the southerly aspect of the Isle of Thanet and benefits the country’s only Royal Harbour, its status being granted by King George IV in 1821.
The distinctive and beautiful harbour has a vibrant yachting community alongside some commercial activity and was where the Little Ships evacuation of Dunkirk set out from in 1940.
The town is enjoying something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin.
In recent years the Royal Harbour has seen many restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade.
The town is steeped in history with associations to many well known figures including Queen Victoria , Karl Marx and Vincent Van Gogh as well as having a fascinating network of tunnels beneath the main centre.
The fortunes of the town have been hugely assisted by the recent addition of a high speed rail link to London St Pancras making a commute for many a viable option.
Ground Floor Living/Dining 21' 5" x 12' 0" Balcony Kitchen 14' 3" x 10' 11" Bedroom 10' 10" x 9' 9" Bathroom 7' 5" x 6' 5" Bedroom 8' 9" x 15' 11" Ensuite Bathroom 5' 3" x 5' 7" Bedroom 12' 5" x 12' 8"
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.
Area
Agent & docs
FAQ
About Effingham Street, Ramsgate, Kent, CT11
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