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See how verdicts work2-bedroom flat · ME9 9EQ
Listing removedReduced £15k (−6%) on 18 AprListed 232 days
Opportunity summary
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About
-share of freehold- - No Onward Chain - Iliffe & Iliffe are delighted to bring to market this, two bedroom ground floor apartment, ideally situated in a characterful, Victorian former school.
Converted to residential apartments in the early 21st century, the building was originally Teynham village school.
This property has lots to offer a new owner, boasting two double bedrooms, a private courtyard garden and off street parking for two cars.
Access to the property is made through a large communal entrance hall. On entering the apartment you are greeted by the open-plan living space which includes kitchen/ diner and living room.
The two double bedrooms are equally generously sized and are reached off the main living area. The kitchen and one of the bedrooms enjoy expansive countryside views to the front of the property.
A corridor leads from the living space to the large bathroom and to door to the private courtyard garden.
The courtyard garden is a great, yet manageable size and provides the perfect outdoor space and includes a greenhouse. A gravelled drive leads past the front of the property to off street parking.
This property comes with off-street parking for two cars and space for visitors to park. Teynham village centre and railway station is a short walk from the property.
The station has regular services to Faversham, Sittingbourne, Canterbury and London. The journey time to London is just over an hour.
The village boasts a primary school, church, Co-op convenience store and two public houses.
The village is nestled within the Kent countryside with walks through rolling fields in one direction and the picturesque, coastal setting of Conyer Creek a short distance in the other.
Sittingbourne and the historic market town of Faversham are 3.6 miles and 4.2 miles away respectively.
Both towns contain both good and outstanding schools at primary and secondary level, including grammar schools.
Faversham’s bustling, historic town centre is just a seven minute drive from The Old School.
The town centre is full of independent retailers, coffee shops, pubs and restaurants, as well as a popular market held three days a week.
Held under the iconic Guildhall; Faversham Market is believed to be the oldest in Kent, having been recorded in the Domesday book in 1086.
Faversham is steeped in history with its oldest building dating back to 1234.
A lot of Faversham’s character comes from its charming architecture with buildings surviving from the medieval, Georgian and Victorian periods, through to the present day.
The town is also home to Britain’s oldest brewery – Shepherd Neame. Viewing highly recommended. To book your viewing, please contact Iliffe & Iliffe.
EPC Rating: D Kitchen/Living Room/Dining Room (6.17m x 4.06m) Bedroom One (3.23m x 2.90m) Bedroom Two (3.07m x 2.90m) Bathroom (3.51m x 2.21m) Parking - Off Street
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.
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FAQ
About Apt 1, The Old School Lower Road, Sittingbourne
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