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See how verdicts work3-bedroom house · CT11 8HA
For saleListed 532 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freehold mixed investment property located in prime town centre location This substantial mixed commercial and residential property is located in the heart of busy Harbour Street, Ramsgate, just a short distance from the Royal harbour and High Street.
The property comprises a shop premises trading as a bakers at ground floor and basement levels which are currently let at £10,000 per annum.
On the upper levels with separate access from the rear are two self-contained duplex flats comprising one x one bedroom with a roof terrace, and one x two bedroom with internal lift.
Both flats are currently vacant. Viewings are strictly by appointment. For your viewing appointment please contact the agents Terence Painter on .
Entrance Ground floor entrance with glazed front door and double fronted windows. Shop Retail Area 8.09m x 4.87m (26' 7" x 16' 0") Doorway leading to kitchen/preparation area.
Kitchen/Preparation Area 4.63m x 1.85m (15' 2" x 6' 1") Stainless steel sink unit. Worksurface area. Wash hand basin. Doorway to stockroom.
Stock Room/Storage Area 4.63m x 4.18m (15' 2" x 13' 9") Steps leading down to basement. Hot water cylinder. Built in storage cupboard. Doors to WC and rear lobby with rear access. W.C.
1 Fitted with low level w.c. And wash hand basin. Electric water heater.
Basement Storage 8.17m x 4.90m (26' 10" x 16' 1") Accessed From The Rear Via Albert Court Shared front door leading to lobby with door to shop premises and door leading to the flats.
Stairs leading to first floor level, hallway with private front doors to both flats. Hallway 1 Doors leading to Living Room/kitchen and W.C. Stairs to upper floor level.
Living Room/Kitchen 4.74m x 3.58m (15' 7" x 11' 9") Open plan living room and kitchen with French doors to rear opening to form a Juliette balcony and double glazed window to side.
Fitted with white glass units. Electric oven, gas hob over and extractor above. Stainless steel sink unit inset to work surface area. Laminate flooring. Radiator. W.C. 2 Double glazed window to side.
Fitted with low level w.c. And pedestal wash hand basin. Radiator. Extractor. Laminate flooring. Landing 1 Double glazed window to side. Radiator. Storage cupboard.
Bedroom 4.65m x 3.16m (15' 3" x 10' 4") Double glazed French doors leading out onto a private roof terrace. Radiator. Fitted carpet.
Roof Terrace 4.68m x 2.84m (15' 4" x 9' 4") With glass safety/privacy screen. Shower Room/W.C. 2.34m x 1.45m (7' 8" x 4' 9") Fitted with shower cubicle. Pedestal wash basin and low level w.c.
Extractor. Laminate flooring. Radiator Hallway 2 With stairs leading up to second level. Doors to kitchen and living room. Radiator.
Kitchen 3.48m x 3.17m (11' 5" x 10' 5") Double glazed window to side. Tiled floor. Fitted with a range of white gloss units. Single drainer stainless steel sink unit. Breakfast bar.
Gas hob with extractor over and space for oven under. Wall mounted gas fired boiler. Space for fridge freezer.
Living Room 5.35m x 5.06m (17' 7" x 16' 7") Two casement windows to front, both opening up to form Juliette balconies. Fire surround and hearth. Two wall lights.
Fitted internal 'Stiltz' lift system providing direct access to bedroom above. Two radiators. Open square archway to kitchen. Landing 2 Hatch to loft. Radiator.
Bedroom One 5.04m x 4.36m max (16' 6" x 14' 4" max) Two sash windows to front. Radiator. Access to internal lift. Bedroom Two 4.02m x 3.64m max (13' 2" x 11' 11" max) Double glazed window to side.
Radiator. Fitted shower cubicle. Bathroom/W.C. 2.21m x 1.68m (7' 3" x 5' 6") Fitted with panelled bath with electric shower over, pedestal wash hand basin and low level w.c.
Chrome towel rail radiator. Extractor. Tiled floor.
Shop Tenancy The shop premises are currently let on an informal agreement with a monthly rental of £833 (£10,000 per annum), including building insurance, exclusive of business rates.
We understand that the tenant is prepared to enter into a more formal arrangement if required.
Anti Money-Laundering Checks We are required by law to conduct anti-money laundering checks on all those buying a property.
Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have had an offer accepted on a property you wish to buy.
The cost of these checks is £75 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale directly to Lifetime Legal, and is non-refundable.
We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About 5, Harbour Street, Ramsgate
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