We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CT6 5LL
For saleReduced £5k (−3.8%) on 20 OctListed 515 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom first floor retirement apartment Richmond Court was constructed by McCarthy & Stone (Developments) Ltd and comprises 47 properties arranged over 4 floors each served by a lift.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello call system. Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years, or in the event of a couple, one must be over the age of 60 years and the other over 55 years.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Draft details Accommodation Front door to: Entrance Hall Emergency intercom and door entry system. Ceiling light point. Power point. Living Room With Balcony Fire surround with electric fire.
Storage heater. Power points. TV aerial point. Emergency pull cord. Ceiling light point. Telephone point. Doors leading to: Kitchen With Window Tiled and fitted with wall and floor units.
Stainless steel sink unit. Work tops. Fitted electric oven with ceramic hob. Integral fridge and freezer. Extractor hood and fan. Power points. Spot lights.
Bedroom Built in mirror fronted wardrobe with hanging rail and shelf above. Electric heater, power points, emergency pull cord, ceiling light point. Telephone point.
Shower Room Tiled and fitted with walk-in shower. Emergency push button. Vanity unit. WC with low level flush. Extractor fan. Wall mounted electric heater. Strip light. Heated towel rail.
Airing Cupboard Airing cupboard with pulsa coil immersion heater. Shelf over immersion heater. Stop cock and electric meter.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 6, Richmond Court (Herne Bay), Herne Bay
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