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See how verdicts work2-bedroom terraced house · ME17 2FJ
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
"This home has really been cared for by the current owner, easy to move straight into". - Sam Newman, Marketing Consultant.
Presenting to the market is this two bedroom end of terraced house being sold on a shared ownership basis through West Kent Housing.
The new owner will own a 35% share of the property and there will be a monthly rent to be paid on the following 65% share.
A purchase price of £112,000 is based on a RICS valuation of £ 320,000 for the full market value. Rent on the 65% equity share is £716.46 per calendar month.
The house is a former Jones Homes build found on the edge of Lenham village.
The accommodation is arranged to include an entrance hallway, lounge, large kitchen/diner with rear doors onto the garden and a cloakroom.
To the first floor you will find two well proportioned bedrooms and a modern fitted bathroom. To the outside, there is allocated parking to the front for two vehicles.
A pathway leads to the front door and side pedestrian gate. The rear garden has been landscaped to enjoy a patio area, lawned area and decorative flower bedrooms to the borders.
Lenham is a popular village with a range of shops, restaurants, amenities, schooling and church.
There are great commuter links with a mainline station to London, bus routes to the nearby town of Ashford or Maidstone and access to the M20 found at junction eight.
This property is being sold with no forward chain so please arrange a viewing today. Front Door To Hallway Radiator. Amtico flooring. Stairs to landing.
Lounge 14' 0" x 9' 11" (4.27m x 3.02m) Double glazed window to front. Radiator. TV point. Fitted carpet. Thermostat.
Kitchen/Diner 17' 5" x 13' 1" (5.31m x 3.99m) Double glazed doors to rear. Radiator. Range of base and wall units. One and a half stainless steel sink with drainer. Integrated fridge/freezer.
Integrated washing machine. Integrated dishwasher. Electric Bosch oven and gas hob. Extractor with light. Cupboard housing Vaillant combination boiler. Heating controls. Localised tiling.
Amtico flooring. Cupboard understairs. Cloakroom Modern low level WC. Pedestal sink. Radiator. Extractor. Amtico flooring. Localised tiling. Landing Storage cupboard. Fitted carpet.
Radiator. Loft hatch. Bedroom One 13' 1" x 13' 1" (3.99m x 3.99m) Two double glazed windows to front. Radiator. TV point. Thermostat. Fitted carpet.
Bedroom Two 13' 1" x 10' 6" (3.99m x 3.20m) Double glazed window to rear. Radiator. Fitted carpet. Bathroom Double glazed obscured window to side. Low level WC. Pedestal sink.
Panelled bath with separate shower attachment. Localised tiling. Amtico flooring. Chrome heated towel rail. Extractor. Front Slabbed path to front door and side access with gate.
Parking Two allocated spaces to the front. Rear Garden Patio area and pathway to shed. Lawned area. Fully enclosed with decorative border. Garden enjoys a sunny aspect. Water tap.
Wall light. Agents Note Applications are through West Kent Housing. Further details can be found at
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 Rushmore Grove, Lenham, Maidstone, ME17
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