2-bedroom flat · CT18 8LZ
For saleListed 134 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Situated within the desirable village of Lyminge, this well-presented first floor retirement apartment offers comfortable, secure and low-maintenance living, specifically designed for the over-55s description Situated within the desirable village of Lyminge, this well-presented first floor retirement apartment offers comfortable, secure and low-maintenance living, specifically designed for the over-55s.
The property features two well-proportioned bedrooms, a bright and welcoming living/dining room, and a fitted kitchen, providing a practical and homely layout throughout.
The apartment benefits from a stair lift, ensuring easy and convenient access to the first floor position.
Residents of Wentworth Close enjoy a friendly and supportive community environment, complemented by an on-site manager offering added peace of mind.
The development is further enhanced by a range of excellent communal facilities, including a residents’ lounge – ideal for socialising – and a convenient communal laundry room.
Externally, the property benefits from well-maintained communal gardens, providing a pleasant outdoor space to relax, along with resident parking available on-site.
Located in the heart of Lyminge, the development offers easy access to local amenities, transport links and countryside surroundings, making it an ideal setting for a relaxed retirement lifestyle.
Hallway Lounge Kitchen Bedroom 1 Bedroom 2 Bathroom Agents Note 'The Vendor pays £2466.60 Service charge per annum' Agents Note We are advised that upon sale, a 1% (of the total sale price) fee will be due to the management company.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their 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.
Area
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FAQ
About 7, Wentworth Close, Folkestone
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