1-bedroom house · CT11 0BX
For saleListed 92 days
Opportunity summary
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About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £99,000 Springer Homes are delighted to offer this beautiful property in St Mildreds Road, Ramsgate, a 2 Bedroom Basement Flat that boasts its space and Investment opportunity.
Having 2 double bedrooms a spacious kitchen/Lounge area and a good 20ft garden which is private to the flat.
The property is situated around a 10 minutes walk into the town centre, beach and harbour area where you will find all the entertainment, restaurants and amenities needed.
Here are the key features and details about the property: Key Features: 2 Double bedrooms 20ft private garden Short walk to most amenities Leasehold Needs some light refurbishment.
Location Highlights – Ramsgate, Kent Ramsgate is home to the UK’s only Royal Harbour , a vibrant marina lined with cafés, restaurants and waterside bars.
Ramsgate Main Sands offers a wide stretch of golden sand beside the harbour, with traditional seaside amusements and a lively promenade.
The town is surrounded by beautiful bays including Western Undercliff, East Cliff and nearby Pegwell Bay, perfect for coastal walks and quieter beach days.
Ramsgate is known for its elegant Georgian and Regency architecture, historic squares and sweeping sea views along the East Cliff.
The famous Ramsgate Tunnels offer guided tours through a vast wwii air-raid shelter network beneath the town.
Cultural highlights include The Grange , the Gothic home designed by Augustus Pugin, and the town’s maritime heritage museums.
The harbour front has a thriving food scene, from fresh seafood and independent cafés to lively waterfront dining.
Ramsgate sits on the scenic Viking Coastal Trail, linking the town with Broadstairs and Margate along one of Kent’s most picturesque coastlines.
Property Details: Entrance: via main communal and down into the basement Lounge : (12.83ft x 9.63ft approx) Kitchen : (10.18ft x 9.24ft approx) Bathroom: (6.65ft x 5.01ft approx) Bedroom 1: (16.27ft x 7.81ft approx) Bedroom 2: (13.13ft x7.02ft approx) Garden : (Approx 20ft ) We believe this property will be a popular property for those looking to start fresh living by the sea.
Don't be disappointed, enquire today to get your viewing. Please Note ** ai has been used to enhance the brightness of the photos.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as The Auctioneer.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 -, St Mildreds Road,, Ramgate
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