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See how verdicts work2-bedroom flat · TN28 8LH
Listing removedReduced £15k (−10.7%) on 20 JunListed 339 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Introducing this charming top-floor flat , set in a convenient location and offering a great blend of comfort and practicality.
Recently redecorated , this chain-free property is ready for its next owners to move straight in.
Positioned on the top floor, it benefits from pleasant views over the surrounding area, giving the home a light and peaceful feel-perfect for unwinding after a busy day.
Inside, the flat features one well-sized main bedroom along with a smaller single bedroom , making it ideal for a couple, a single occupant wanting extra space, or anyone needing a home office or guest room.
The bright living area and fresh décor throughout create a warm and inviting atmosphere. Residents also have access to parking on a first-come, first-served basis , adding practical convenience.
At offers in the region of £140,000 , this property presents an excellent opportunity for first-time buyers or anyone seeking a simple, low-maintenance investment.
Local shops, amenities, and services are all close by, ensuring everyday essentials are within easy reach.
The surrounding area also offers pleasant walking routes and local spots to explore, adding to the property’s appeal.
This lovely flat provides a comfortable and peaceful living environment with everything you need close at hand.
Don’t miss the chance to make it your own and enjoy the comfort and convenience it has to offer.
EPC Rating: E Location Located close to New Romney town centre, this flat offers easy access to local shops, cafés, supermarkets, and everyday amenities.
The area has a calm, residential feel with convenient bus links nearby.
Romney Marsh’s open spaces and coastal walks are within easy reach, and the flat is close to one of the stations on the Romney, Hythe & Dymchurch Railway-a charming local attraction for leisure trips.
A convenient and well-placed location for comfortable day-to-day living. Communal Entrance Communal entrance with entry phone system. Stairs to third floor landing and entrance to Flat 12.
Entrance Hall (2.56m x 0.87m) Wooden door to flat with newly laid carpeted floor coverings, entry phone and doors to:- Lounge / Kitchen / Diner (4.62m x 3.45m) Dual aspect room with UPVC double glazed windows to front and side of the building.
Kitchen area has vinyl flooring with matching wall and base units. Stainless steel sink, electric hob, fan oven and extractor fan.
Lounge area has newly laid carpeted floor coverings and electric heater. There is also a airing cupboard with hot water tank.
Bedroom (3.42m x 2.92m) UPVC double glazed window to the front of the building with newly laid carpeted floor coverings and electric heater.
Bedroom (2.46m x 2.01m) UPVC double glazed window to the side of the building with newly laid carpeted floor coverings and electric heater. Bathroom (2.27m x 1.45m) Interal room with extractor fan.
Bath with electric shower over the bath, close coupled w/c, vanity hand basin and vinyl flooring. Parking - Off Street Residence parking on first come basis.
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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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 Flat 12, Bank House Mountfield Road, New Romney
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