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See how verdicts work3-bedroom detached house · ME10 1DR
For saleListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Fantastic Investment/Development Opportunity | Prime Town Centre Corner Site Extending to 0.10 acres with Detached Victorian offices 1497sqft | Car Park | Triple Garage/Stores | Planning Permission for Redevelopment of Car Park to Build 7 Apartments.
Historic Town Centre investment opportunity with a total site area of 0.10 acres.
The office/retail unit, known as Times Chambers, is arranged as offices on two floors with a basement extending to 1497sqft.
Good condition throughout with CAT5 network throughout the building, gas fired central heating and air conditioning throughout.
Occupying a busy corner site the property offers good window frontage to West Street and Park Road.
The car park has planning permission, reference 25/502380/FULL for a detached four storey building comprising seven apartments.
Full details are available at pa.midkent.gov.uk A previous application, 21/501565/FULL, also included the conversion of the first floor of the office buiding into an apartment which, in our opionion, could be reinstated under Permitted Development.
NB The Estate Agents Act 1979. The vendors are employed by Quealy & Co.
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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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
FAQ
About Park Road, Sittingbourne, Kent, ME10
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