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See how verdicts work1-bedroom flat · CT5 3FP
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A contemporary ground floor apartment forming part of the desirable Swale Park development, conveniently situated for access to Tesco supermarket, schools, bus routes, Whitstable station (1.1 miles) and High Street (1.3 miles).
The comfortably proportioned accommodation has been finished to a high specification throughout and is arranged to provide an entrance hall, open-plan kitchen/living room incorporating a smartly fitted kitchen area with integrated appliances, a double bedroom with built-in wardrobe and a stylish bathroom.
The apartment benefits from one allocated parking space and the use of a secure cycle store. No onward chain.
Location Olympia Way forms part of a desirable modern development, conveniently positioned for access to Whitstable and within close proximity to Tesco supermarket and The Crab & Winkle Way, which forms part of the National Cycle Network Route and follows the path of an old railway line linking Whitstable with Canterbury through Blean Woods, one of the largest areas of ancient broad leaved woodland in the South of England.
Whitstable is an increasingly popular and fashionable town by the sea which enjoys a variety of shopping, educational and leisure amenities including sailing, watersports, bird watching and walking as well as the seafood restaurants for which it has become renowned.
Whitstable mainline railway station offers fast and frequent services to London (Victoria) approximately 80mins and the surrounding area.
The high speed Javelin service provides access to London (St Pancras) with a journey time of approximately 73mins.
The A299 is also easily accessible offering access to the A2/ M2 linking to the channel ports and subsequent motorway network.
Accommodation The accommodation and approximate measurements (taken at maximum points) are: Ground Floor • Entrance Hall • Living Room/Kitchen (6.00m x 4.49m (19'8" x 14'8")) • Bedroom (3.51m x 3.26m (11'6" x 10'8")) • Bathroom (2.39m x 2.39m (7'10" x 7'10")) • Parking One allocated parking space.
Lease The property is being sold with the remainder of a 125 year lease granted on 1st January 2011 (subject to confirmation from vendor's solicitor).
Ground Rent We have been advised that the Ground Rent for 2025/2026 will be £250 per annum (subject to confirmation from vendor's solicitor).
Service Charge We have been advised that the Service Charge for the year 2025/2026 will be £900 (subject to confirmation from vendor's solicitor).
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.
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FAQ
About 137, Olympia Way, Whitstable
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