2-bedroom flat · TN23 5GF
Listing removedListed 251 days
Opportunity summary
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About
Set within a small, well-maintained building of just three apartments, this top-floor two-bedroom apartment is located in the ever-popular area of Singleton and offers bright, spacious accommodation that will particularly appeal to first-time buyers.
Inside, the apartment provides two well-proportioned double bedrooms, with the main bedroom benefiting from an en-suite shower room, along with a separate family bathroom.
The open-plan living room and kitchen is a welcoming and versatile space, filled with natural light and ideal for modern day-to-day living as well as entertaining friends.
The location combines convenience with a strong sense of community.
The Singleton Centre is within comfortable walking distance, offering a parade of local shops and everyday amenities, while a Doctors Surgery is also close by.
There are nearby green spaces and walking routes to enjoy, along with regular transport links providing easy access to surrounding areas, making this a great spot for those looking to balance lifestyle and practicality.
The property is available through the shared ownership scheme, with a 50% share on offer at the advertised price of £105,000.
Shared ownership allows buyers to purchase a portion of the property while paying a reduced rent on the remaining share, helping to make home ownership more achievable for those taking their first step onto the property ladder.
Subject to eligibility, there is often the option to increase your share in the future. The property is also available to purchase at the full vale of £210,000.
Additional benefits include allocated parking and the privacy that comes with living in a building of only three apartments.
A fantastic opportunity to secure a comfortable and well-located home in Singleton.
EPC Rating: C Hallway Composite door to communal hallway, two storage cupboards, one of which houses the hot water cylinder, doors to all rooms, loft access, electric radiator and laminate wood flooring.
Open-Plan Living Room/Kitchen 8.13m x 5.02m Dual aspect with windows to the side and Juliet balcony to the front, built-in cupboard, two electric radiators and laminate flooring.
Kitchen comprising matching wall and base units with work surfaces over, inset 1.5 sink/drainer, built-in electric oven, 4-zone hob and extractor hood, space and plumbing for washing machine and space for free-standing fridge/freezer.
Bedroom 1 3.6m x 3.29m Dual aspect with window to the side and Juliet balcony to the front, fitted wardrobes, electric radiator and fitted carpet.
En-suite Window to the front, large square shower enclosure with thermostatic shower and tiled walls, WC, wash basin with storage below, extraction, shaver socket and tiled flooring.
Bedroom 2 2.99m x 2.37m Window to the side, free-standing wardrobes, electric radiator and laminate wood flooring.
Bathroom Comprising a bath with mixer taps and hand shower attachment, WC, wash basin, extractor fan, shaver socket, wall heater, part wall tiling and vinyl flooring.
Parking - Allocated parking
Value & comps
No previous sales on record.
Returns
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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 Griffin Close, Ashford, TN23
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