Modern Method of Auction
Auction date not yet published
3-bedroom bungalow · CT5 3EL
For saleListed 42 days
Opportunity summary
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About
For sale by Modern Method of Auction; Starting Bid Price £325,000 plus Reservation Fee.
A well-presented and versatile three-bedroom semi-detached bungalow, situated on South Street in the popular coastal town of Whitstable.
A particular feature of the property is the good-sized rear garden, providing an attractive outdoor space for relaxing, entertaining and enjoying the warmer months.
The property also benefits from off-street parking, a valuable feature in this popular area.
The property offers comfortable single-level living with three bedrooms, two bathrooms, and well-proportioned living accommodation, making it an ideal home for families, couples or those looking for convenient bungalow living.
For sale by Modern Method of Auction; Starting Bid Price plus Reservation Fee.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The buyer will pay £300 inc VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £7,080 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional.
EPC Rating D Location The popular seaside town of Whitstable is situated on the stunning North Kent coast, 7 miles north of the historical city of Canterbury and less than 60 miles from central London.
With its quaint alley ways, colourful high street and peaceful shingle beaches this town has a lot to offer both residents and holiday makers.
For entertainment there are excellent water sport facilities, plenty of art galleries, and a wealth of independently run restaurants, boutiques and cafes to enjoy along the vibrant high street.
The Crab and Winkle Way, one of the earliest passenger railways and the first ever steam-powered railway in the world, follows the disused railway line between Canterbury and Whitstable, and is now a popular walking and cycle route through woods and countryside.
Road links via the A299 Thanet Way give easy access to the M2 for travel to London and beyond.
Whitstable also has a main line train station providing fast and frequent links into London Victoria (1hr 30 mins) and London St Pancras (1hr 11mins).
Entrance Hall Bedroom (10' 3" x 9' 5") Living Room (16' 9" x 11' 1") Shower Room Bedroom (13' 4" x 11' 1") Kitchen (10' 9" x 9' 5") Sun Room (20' 5" x 10' 2") First Floor Bedroom (16' 8" x 13' 0") Ensuite Bathroom External Garden Driveway
Value & comps
No previous sales on record.
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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 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 136, South Street, Kent
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