2-bedroom flat · TN28 8QJ
For saleReduced £25k (−20%) on 20 OctListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting a fantastic opportunity for buyers seeking a project, this two bedroom lower ground floor apartment is offered to the market chain free, with offers invited in the region of £125,000.
Situated in a well-established coastal area, this flat offers a wealth of potential for those looking to refurbish and create a home tailored to their own tastes and requirements.
The accommodation comprises a welcoming entrance hallway, leading to two bedrooms that provide comfortable sleeping arrangements and flexible living options.
A generous living room offers ample space for both relaxation and entertaining, while the kitchen presents a blank canvas for modernisation and personalisation.
The bathroom is conveniently located and, like the rest of the apartment, would benefit from updating to enhance both style and functionality.
The property also features useful storage areas, ensuring that day-to-day living remains organised and clutter-free. Residents enjoy access to a communal garden and a private front terrace.
This apartment is ideal for first-time buyers, investors or those wishing to downsize, offering the chance to add significant value through refurbishment.
The property is well positioned for access to local amenities and the beach, making it a practical choice for a range of buyers.
With no onward chain, the purchase process is simplified, enabling a swift transaction for motivated purchasers.
Whether you are looking to step onto the property ladder, expand your investment portfolio or create your perfect home, this lower ground floor flat represents a rare chance to acquire a property with enormous scope at an attractive price point.
Early viewing is highly recommended to appreciate the potential and to secure this promising apartment before it is snapped up.
EPC Rating: D Entrance Porch (1.65m x 1.36m) UPVC double glazed frosted glazed private door to the entrance of flat one, large storage area with UPVC door to private front patio area.
Solid wooden door to the entrance hall and tiled flooring. Entrance Hall (3.32m x 1.19m) Carpeted floor coverings with coving and a radiator.
Door to:- Lounge (5.45m x 4.57m) Single glazed sash bay windows to the front of the property, carpeted floor coverings and a radiator.
Bathroom (2.40m x 2.23m) Internal room with a bath, close coupled w/c, hand basin and vinyl flooring. Part tiled walls with a radiator and extractor fan.
Internal Hallway (3.76m x 1.15m) Carpeted floor coverings and doors to:- Bedroom (3.92m x 3.26m) Wooden single glazed sash windows to the side of the property with carpeted floor coverings and a radiator.
Bedroom (3.94m x 1.90m) Single glazed sash wooden windows to the rear of the property with carpeted floor coverings and a radiator.
Kitchen (3.54m x 2.29m) Single glazed sash windows to the side of the property with wooden door to the communal garden.
Matching wall and base units with fan oven, electric hob, extractor fan and a radiator. Space for a washing machine and fridge/freezer.
Communal Garden Communal Garden to the rear of the property with door from the kitchen. Front Garden Private front outdoor space in need of a make over.
Parking - On Street On street parking on surrounding roads.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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.
Area
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FAQ
About 1 Littlestone House Marine Parade, New Romney
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