2-bedroom flat · CT11 0EF
To rentReduced £100 (−8.3%) on 14 OctListed 19 days
Opportunity summary
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About
AVAILABLE IMMEDIATELY ~ 2 BEDROOM 1ST FLOOR APARTMENT ~ RECENTLY REDECORATED ~ GATED PARKING TMS ESTATE AGENTS are delighted to offer to the market this beautifully presented 2 bedroom, 1st floor apartment, perfect for professional tenants working from home or a small family.
This property is unfurnished and a long term let.
Situated on the west side of Ramsgate St Mildred's Road is in an ideal location for easy access to Ramsgate Town Centre where you will find local business mixed with high street stores, the Royal Harbour where you will find many eclectic bars and restaurants where you can enjoy stunning sunsets, or take a walk along the scenic West Cliff.
Ramsgate's mainline station is just over 1 kilometre away and offers fast links direct to London. The A299 is also close by offering easy access to Canterbury, Folkestone, Dover and Deal.
The apartment enjoys a bright open plan lounge, kitchen / diner with a breakfast bar, integrated appliances and a Juliette Balcony.
Both bedrooms offer wardrobe storage and the modern bathroom enjoys a shower over the bath.
Externally there is gated parking with 1 allocated space., Available immediately other benefits include double glazing and gas central heating.
Unfortunately under the terms of the lease pets are not permitted. Council Tax Band = B / Deposit = 5 Weeks Rent £1384.60 / Holding Deposit = £276.92 / EPC = C for broadband and phone coverage.
APPLICANTS WILL BE REQUIRED TO SHOW A MINIMUM TOTAL INCOME OF £36,000 PER ANNUM FOR SUFFICIENT AFFORDABILITY FOR THIS PROPERTY.
IF A WORKING GUARANTOR IS REQUIRED THEY WILL NEED AN INCOME OF £43,200 PER ANNUM TO MEET AFFORDABILITY. Call TMS ESTATE AGENTS today to book your accompanied viewing, we are available 7 days a week.
Communal Entrance - Apartment - Entrance Hall - Hard wood floor, large storage cupboard, radiator.
Kitchen / Lounge / Diner - 6.15 x 3.62 (20'2" x 11'10") - Double glazed Juliette Balcony to lounge and double glazed window to kitchen, hard wood floor, integrated fridge freezer, washing machine and dish washer, gas hob & electric oven, breakfast bar and stools.
Bedroom 1 - 3.50 x 3.12 (11'5" x 10'2") - Double glazed window, carpet, radiator, fitted wardrobe. Bedroom 2 - 2.89 x 2.17 (9'5" x 7'1") - Frosted double glazed window, carpet, radiator, wardrobe.
Bathroom - 2.21 x 1.74 (7'3" x 5'8") - Frosted double glazed window, panelled bath with shower over and screen, pedestal wash hand basin, low flush W.C, heated towel rail, fully tiled.
External - Parking - 1 allocated parking space to the rear. P518
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 St. Mildreds Road, Ramsgate
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