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See how verdicts work1-bedroom flat · TN28 8QA
No longer listedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located a short walk from Littlestone green and seafront and conveniently within walking distance of a local Spar store.
In the nearby town of New Romney, there is a selection of independent shops and restaurants including a Sainsbury's store.
Primary and secondary schooling are also located close by, with Littlestone championship golf course also within walking distance.
Water sports and activities are also well catered for with Varne Boat Club within walking distance of the apartment and Lydd Aqua Park only a short drive away.
The market town of Ashford is within half an hour's drive and offers a far greater selection of shopping facilities and amenities together with high speed rail services from Ashford International station with travelling time to London St.
Pancras in under 40 minutes. Heading east along the coast you will find the nearby towns of Hythe and Folkestone, giving easy access to the Channel Tunnel Terminal and Port of Dover and M20 motorway.
To the west, the delightful Medieval Cinque Port town of Rye is just a short drive away, with the larger historic seaside town of Hastings located further along the coast.
Communal Entrance Hall A spacious communal entrance hall with a double glazed front door, automatic motion-sensor activated lighting, UPVC double glazed rear door to parking area, stairs to first floor.
Private Reception Hall 10'4 X 5'9 With front door, built-in airing cupboard housing hot water cylinder, newly-installed entry phone, consumer unit, electric heater, glazed panel door opening to lounge/diner.
Lounge/Diner 14'4 X 14'3 (Max Points) Irregular in shape, with two front aspect UPVC double glazed windows enjoying a sea view, feature wall-mounted log effect fire with fan heater, coved ceiling, modern electric storage heater.
Kitchen 8' X 6'5 With UPVC double glazed window with sea view, range of fitted grey gloss finish store cupboards and drawers, square edge worktops with tiled splashbacks, newly-fitted Hisense four ring ceramic hob with newly-fitted Hisense electric oven under and extractor over, ceramic sink/drainer with mixer tap over, cupboard with space and plumbing for washing machine, cupboard with space for fridge/freezer, tile effect vinyl flooring.
Bedroom 11'2 X 11'2 With UPVC double glazed window, modern electric heater.
Bathroom 7'3 X 6' With UPVC frosted double glazed window, panelled bath with mixer tap, Gainsborough electric shower with rainfall showerhead and separate hand-held shower attachment, shower screen, vanity unit comprising wash hand basin with mixer tap over, drawers and storage cabinet under, WC with concealed cistern and shelf over, wall-mounted fan heater, part-tiled walls, herringbone effect vinyl flooring.
Outside: A front lawned area with a central path to the communal front entrance.
There is a residents' parking area to the rear along with a communal storage shed; the apartment has one allocated parking space.
Lease/Service Charge/Ground Rent: We have been advised the following by the vendor: Lease: 66 years remaining Service Charge: £1440.00 per annum Ground Rent: £18.50 per month
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
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FAQ
About Flat 3 Tower Court, 114, St. Nicholas Road, New Romney
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