2-bedroom flat · CT9 3BS
For saleReduced £20k (−7.1%) on 3 AugListed 274 days
Opportunity summary
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About
Sea views - 3 balconies - no chain - share of freehold! Your Move are delighted to market this no chain, first floor apartment in this iconic Art Deco 1930s former hotel which was converted in 1950.
It still retains many original features with the grand foyer and its wooden cladded walls and lifts which were all salvaged from the grand cruise ship rms Mauretania which served the British forces in World War I.
This apartment benefits from an entrance hall, spacious fitted kitchen with a door to a balcony and sea views, utility room with a further balcony with sea views, master bedroom with its own balcony and sea views, second double bedroom, modern bathroom and the lounge/diner with its double glazed boxed bay window with window seats and panoramic sea views.
It also benefits from a 1/25th share of the freehold with a 925 year lease, communal garden, resident parking and is just a stone's throw from the cliff tops of Palm Bay with its sandy beaches.
Although there is currently a tenant and they would understandably like to stay it could be sold vacant although it currently produces an annual return of £ 14,400.
This would make an ideal home, holiday home or investment so call today to view and appreciate all this home has to offer.
Communal Entrance Via entry phone system into the grand foyer with stairs and lifts to all floors, hallway which leads to the external rear door leading to the communal garden and residents parking.
Apartment entrance hall Large carpeted hallway with telephone point, entry phone system, 2 smoke alarms, cupboard housing meter and fuse box, thermostat.
Lounge/Diner Via a glass panel door, a double glazed boxed bay window with window seats to enjoy the panoramic sea views, fitted carpet, TV and Sat points, wall mounted electric heater, feature electric fireplace, coving.
Kitchen Via a glass panelled door with a double glazed window and door to a balcony with sea views.
A range of matching wall and base units in a matt white finish with stainless steel sink and drainer and metro tiled splash backs.
Freestanding electric cooker with extractor over, integrated fridge and washing machine, laminate flooring.
Utility Room Via glass panelled French doors with double glazed window and patio door to a balcony with sea views, gloss white units, laminate flooring.
Master Bedroom With a double glazed window and door to private balcony with sea views plus a further double glazed window to the rear with fitted blind, carpeted, wall mounted electric heater, coving, telephone point.
Bedroom Double glazed window to the rear with fitted blind, carpeted, wall mounted heater.
Bathroom Obscured double glazed window to the rear, panelled bath with Triton shower over, wash basin into gloss white vanity unit with mirror and light over plus wall mounted gloss white vanity unit, close coupled WC, heated chrome towel rail, tiled floor and localised tiling, coving, Lease and Maintenance Details We have been advised by the vendors that there are 925 years remaining on the lease and it comes with a 1/25th share of the freehold with a ground rent of £45 per annum and service charges currently at £5580 per annum.
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. QCL250112/8
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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FAQ
About Flat 9, Northumberland Court,, Northumberland Avenue, Kent
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