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See how verdicts work2-bedroom flat · ME8 8NP
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In Need Of Some Updating But Offering Generous Accommodation This Is Perfect Ftb & Great Location This purpose-built ground floor flat presents an exciting opportunity for those seeking a property with significant potential.
This two-double-bedroom residence provides a generous 624 sq. Ft. (58 sq.
M) of accommodation, all conveniently arranged on one level.The flat boasts a spacious lounge, perfect for relaxation and entertaining, alongside a functional kitchen and a well-proportioned bathroom.
While perfectly liveable, the property offers a fantastic canvas for a first-time buyer or a downsizer to bespoke to their own taste, transforming it into a truly personalised home.
Imagine designing your dream interior, from modernising the kitchen to creating a contemporary bathroom suite, all within a solid foundation.
Externally, residents benefit from access to communal gardens, complete with a practical drying area.
A notable feature is the en bloc garage, which, while currently in need of repair, offers valuable off-street parking or additional storage once refurbished.
This presents another excellent project for the new owner, adding significant value and utility to the property. Location is a key advantage here.
The flat is within comfortable walking distance of a mainline railway station, providing excellent connectivity for commuters.
Families will appreciate the proximity to schools catering for all ages, making the morning routine considerably easier.
For those who enjoy the outdoors, Berengrave Nature Reserve, Motney Hill, and Riverside Country Park are all close at hand, offering picturesque riverside walks and various leisure pursuits.
Motorists will find the property exceptionally well-placed for transport links.
A short drive connects you to the lower road, leading directly to the Medway Tunnel and onwards to the M2, M20, and M25 motorways.
These major routes provide swift access to London, the Kent coast, and beyond, making this an ideal base for regional travel.
This property truly represents a superb chance to acquire a well-located flat with ample scope for customisation and improvement, promising a rewarding project and a wonderful home for its next owner.
Agents’ note: The garage forms part of the property’s title but has never been used by the seller and is in a poor state of repair.
Its condition has been taken into account when setting the asking price.
The seller will not enter into any further negotiations or agree to any price reduction in respect of the garage or the cost of any necessary repairs.
Leasehold Property Lease Commencement Date: 125 years from 25 March 1983 (82 years remaining) Managing Agent: Orbit Second Mardale Housing Society Limited Monthly Maintenance Fee: £97.00 Annual Ground Rent: £5.00 These figures have been provided by the seller.
Any buyer is advised to have the figures confirmed by their legal representative prior to committing to a legally binding contract. Measurements: All Measurements Are Approximate.
These sales particulars have been prepared by Jacksons Estate Agents upon the instructions of the vendor(s).
Services, fittings, and equipment referred to within the sales particulars have not been tested and no warranties can be given.
Accordingly, the prospective buyer(s) must make their own enquiries regarding such matters. The measurements for the floor space have been taken from the information on the EPC.
Additional Services: To enable you to budget for your move, we can provide you with a complete breakdown of all expenses associated with moving, including legal fees, survey fees, early repayment charges, removal fees and all aspects of mortgage charges.
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
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 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
Agent & docs
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FAQ
About Wakeley Road, Kent
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