1-bedroom flat · TN23 7AG
Listing removedListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
I expect this balcony apartment close to HS1 to be a popular investment with a sitting tenant. -- Ashford Homes, Toby Hodges.
#TheGardenOfEngland This property is being sold strictly with tenant in situ.
An upper floor, purpose-built apartment in perfect decorative order, offering one bedroom, bathroom, kitchen, lounge (French doors) and a large balcony overlooking the Wye Downs.
Outside the building offers underground parking along with generous outside car parking. The communal entrance has an electronic intercom entry system for guests and keypad code for residents.
Once inside the apartment, you are met with a spacious hall that has ample space and a helpful utility cupboard.
The apartment is neutrally decorated throughout and is certainly ready for immediate occupation.
Both the bathroom and kitchen are in good, modern condition and the apartment enjoys a light and airy feel thanks to good sized windows.
The bedroom and lounge both enjoy access to the adjacent balcony overlooking the Wye Downs in the distance.
Outside There is residential underground parking, to the side of building there is overground visitor parking, and the building has a large foyer and reception desk fully staffed.
Situation 109 George Street is located just off Victoria Road and just a stone’s throw from the Ashford International train station.
From its historic origins as a farming and market town, Ashford has evolved to meet the needs of the modern family with plenty to offer those who enjoy walking, cycling, golf and swimming.
There is a good range of recreational and shopping facilities including a designer outlet and a multi plex cinema within walking distance.
Ashford also offers swift access to the M20 motorway at junctions 9 and 10 providing a fast link with the M25 and the Channel Tunnel.
Lease Details Lease length – 244 year lease Maintenance – £700.00, collected twice yearly. Ground Rent – £150 pa Services: Mains water, electric and drainage are connected.
Council Tax: Band B Viewings strictly by appointment only. Our Ref: AHS260089
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 George Street, Ashford, Kent, TN23
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