2-bedroom flat · CT21 6DQ
For saleReduced £35k (−9.7%) on 20 JunListed 239 days
Opportunity summary
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About
Detailed Description Description This ground floor apartment forms part of a small and highly regarded development on West Parade.
The property offers bright, well-proportioned and attractively presented accommodation.
The layout includes an entrance hall, a generous sitting/dining room with open-plan kitchen, opening onto a south-facing terrace from where a magnificent panorama of the sea and around the bay to Dungeness can be enjoyed.
There are two double bedrooms, the principal bedroom benefiting from an en-suite shower room and sea views, along with a separate family bathroom.
The property is offered for sale with a long lease and the purchase price also includes a share in the freehold.
There are also two allocated parking spaces within the car park to the rear of the building. For room sizes please refer to the floor plan.
Situation In a prime beachfront location, very close to the prestigious Fisherman's Beach development and moments from the unspoilt seafront of this ancient Cinque Ports Town, with its long stretches of unspoilt shingle beaches where one can dine in style at the Waterfront or on the beach itself at The Lazy Shack.
The house is also on a level approach to the Royal Military Canal and to the nearby bustling High Street which enjoys a variety of independent shops, boutiques, cafes, bars and restaurants.
In addition there are 4 supermarkets (including Waitrose, Sainsbury and Aldi).
There is also a selection of sports and leisure facilities in the vicinity including tennis, bowls, cricket, squash and sailing clubs as well as other water sports facilities.
Hythe Bay Primary School is also very accessible. The larger town of Folkestone is around 5 miles and the Cathedral City of Canterbury is approximately 17 miles distant.
The area is fortunate in having particularly good communications with a main line railway station in Saltwood (Sandling - 3 miles) and access to the M20 (Junction 11 - 4 miles).
The High Speed Link rail service to Stratford and St Pancras is available from Folkestone West (5 miles) and Ashford International (10 miles), with journey times of 53 and 37 minutes respectively.
The Channel Tunnel Terminal is around 4 miles away and the ferry port of Dover is 13 miles away. (All distances are approximate.)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 1 The Terrace Apartments, West Parade, Hythe
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