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See how verdicts work2-bedroom flat · CH62 0DR
For saleListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With views towards farmers fields...
This FIRST FLOOR retirement apartment enjoys a rural setting yet convenient for local shops and public transport with spacious accommodation, communal gardens and parking (with visitor spaces) and the added benefit of being sold with NO CHAIN.
This unit is ready and waiting to make your own.
The Development Forming part of a small over 55s development on the edge of Eastham Village with open aspect over farmers fields to the East with independent security controlled accommodation.
The Accommodation This first floor apartment is well located on the development with communal gardens, rear patio area with mature trees and planted borders.
The side entrance with a sheltered porch, uPVC door opening into the hallway which offers rear door with stairs leading to the first floor.
You also have an external store cupboard with stop cock and water tap.
Living Space A bright well proportioned reception room enjoying the dual aspect to the front and side allowing natural light to pour with connecting door into the kitchen.
Here you have a range of wall and base units with complimentary worktops including space for appliances and plumbing for washing machine with tiled walls and aspect to the rear.
From the hallway you will find 2 generous bedrooms on the right hand side with the main bedrooms benefitting from fitted wardrobes.
The shower room comes with a wash basin, WC and corner walk in shower with tiled walls.
To the rear of the property you have a paved patio area with timber separation and communal gardens, washing line and access to the side.
The asking price is for a 70% share of the property restricted to the over 55 year olds. Applicants are assessed by Riverside home Ownership.
Term - 99 years from November 1991 Service Charge - £109.33 Pcm (this should be clarified prior to purchase) (include external maintenance and decoration, gardening, insurance and provision for personal safety alarms) Riverside confirm a pet would be allowed, however this in on the condition that they do not cause any disturbance or nuisance to other residents, as this is a flat and the garden areas are communal.
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
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FAQ
About Eastham Mews, Eastham Village Road
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