2-bedroom flat · TN31 7DH
For saleListed 32 days
Opportunity summary
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About
Tenure: Leasehold Description Perched above the historic lanes of Rye this period apartment with its own private balcony pairs original character features with panoramic views across the roof tops of one of England’s best preserved medieval towns.
Set in the heart of Rye this Grade II Listed building looks over ‘Wish Ward’ to one side and ‘The Mint’ to the other and is positioned to enjoy everything the town has to offer on the doorstep, with a wide range of bespoke shops, galleries, public houses and eateries.
You enter the property via Wish Ward, passing the landmark ‘Wish Ward Cistern’ as you approach the communal entrance which is shared by one other apartment.
Here a staircase leads you to the front door with steps to the internal hallway.
From here you are transported into the triple aspect kitchen/breakfast room providing a range of units and space for a table by the window looking over ‘The Mint’.
This space extends further to a compact private balcony which looks down towards where ‘The Mint’ meets ‘Mermaid Street & up across the rooftops toward ‘The Mermaid’ & ‘West Street’.
The hallway with window to the side also leads you to the dual aspect bathroom offering a bathtub with wall mounted shower above, w.c and wash hand basin.
Next from the hallway is the living room where the character starts to unfold with exposed wall beams creating a characterful feel which is further enhanced as you continue into the inner hallway with exposed wall and ceiling beams and two secret windows allowing natural light to flow through.
This hallway leads to both bedrooms which sit on either side of the property with bedroom room of generous size and bedroom two providing the flexibility for a home office, dressing room or guest bedroom.
The owner believes the lease to be apoox. 106 years (tbc) and currently the maintenance is conducted on an "as and when" basis, with the owner responsible for a 25% share of any costs.
EPC Rating: F Location This wonderful property would be ideal for anyone looking for a welcoming retreat in the heart of Rye, second home or holiday let and sits amongst the fantastic selection of eateries, coffee houses, independent cinema and galleries which are surrounded by stunning architecture within the conservation area of this ancient town.
Rye Train station is also within walking distance offering services to Ashford International, London & Brighton.
Rye has a fantastic connection to art, seaford and music with the Art festival, Rye Scallop Week and Rye International Jazz & Blues Festival being popular attractions.
Living Room (3.34m x 3.49m) Kitchen/Breakfast Room (3.64m x 3.49m) Bathroom (2.18m x 1.78m) Bedroom One (3.12m x 3.53m) Bedroom Two (2.03m x 2.87m)
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 15 Wish Ward, Rye
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