2-bedroom flat · CT11 9NG
For saleReduced £10k (−5.7%) on 3 JulListed 521 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling all first time buyers or buy to let investors.
Oakwood homes are delighted to offer to the housing market this lower ground floor maisonette with two double bedrooms, in the popular area of Grange Road, Ramsgate.
Being fully refurbished throughout, this property comprises a kitchen/diner, spacious lounge, bathroom, and two double bedrooms.
Further benefits include off street parking for one car, double glazing, and outside space.
Grange Road is close to the beach and amenities, such as Co-op, and good transport links around Thanet on your doorstep. 78 years remaining on the lease.
£100 pa ground rent which doubles every 33 years, next increase due 2036.
Identification checks If an offer is accepted on a property marketed by Miles & Barr, all purchasers are required to complete id verification checks.
This is a legal obligation under Anti-Money Laundering Regulations. We use a specialist third-party company to carry out these checks.
The fee is £60 (including VAT) per person or £100 (including VAT) if purchasing under a company name, payable once the offer is agreed and before the sales memorandum is issued.
Please note that this charge is non-refundable. Location Summary Well located for local am unities, Thanet lopp and Ramsgate train station is walking distance offering high speed trains to London.
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
Agent & docs
FAQ
About 21B, Grange Road, Kent
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