2-bedroom flat · CT9 5DL
Sold STCReduced £50k (−16.7%) on 24 JunListed 198 days
Opportunity summary
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About
Sea views - no chain - share of freehold - parking - ground floor We are delighted to market this No chain, 2 double bedroom with ensuite, ground floor apartment with views across Westbrook Bay beach and allocated parking.
This apartment is located directly on the sought after Royal Esplanade at Westbrook and just a stones throw from the beach which is in the top 50 of The Times UK' best beaches in a small block of just 3 apartments.
This apartment would make an ideal home or holiday home and could be purchased with all of the furniture. It’s currently being used as a holiday let, marketed by Airbnb.
It benefits from a good size lounge/diner with sea views, a fitted kitchen with integrated appliances, modern bathroom and 2 double bedrooms, the master having an ensuite, plus a door that opens to a private courtyard/drying area.
It also benefits from a share of the freehold with long lease and a communal garden with private shed and allocated parking at the front.
Its just a 10 minute walk to the Railway station and under a mile to the Old Town. Council Tax band is just A.
Communal Entrance Via an entry phone with double glazed door to the rear communal garden and sheds, carpeted hall and staircase, smoke and fire alarms.
Apartment Entrance Hall Entry phone, carpeted, alarm panel, down lights, coving, 2 radiators, thermostat, cupboard housing the tank and storage, fire and smoke alarms, cupboard housing washing machine and dryer.
Lounge/Dining Area With a double glazed bay window to the front with sea views and fitted blinds, 2 radiators, carpeted, down lights, coving, extractor, TV and phone points, opening and step down to kitchen.
Kitchen Step upto the lounge/dining area and door to hall. A range of matching wall and base units in a matt cream with a tiled splash back and stainless steel sink and drainer.
Integrated dish washer, fridge, freezer, electric oven and hob with extractor over. Down lights and under cupboard lighting, coving and telephone point.
Bedroom Double glazed window to the rear with fitted blind, carpeted, down lights, coving, radiator, TV point, built in wardrobe.
Bathroom Panelled bath with shower over, heated chrome towel rail, wash basin into gloss white vanity unit, shaver point, close coupled WC, extractor, down lights, panelled walls.
Bedroom Double glazed window to the rear with fitted blind, carpeted, down lights, coving, radiator, telephone point, built in wardrobe and drawers, UPVC door to private decked courtyard/drying area.
Ensuite Bathroom Shower cubicle, heated chrome towel rail, wash basin into gloss white vanity unit, shaver point, close coupled WC, extractor, down lights, panelled walls, feature block glass wall.
Communal Garden To the rear of the property with a drying area and a private shed.
Lease and Maintenance We have been advised by the current owner that the property will be sold with a third share of the freehold and a 999 year lease with an annual service charge of £700 Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QCL230187/8
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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About Flat 1, 7, Royal Esplanade, Kent
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