Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · CT17 0US
No longer listedReduced £20k (−6.7%) on 20 AugListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offers Over £300,000 Geering & Colyer, Kearsney are proud to present this three bedroom, ground floor duplex apartment in a former converted historic mill building of unmistakable prestige.
The grand and elegant development sets the standards for contemporary living in this perfect waterside setting.
A combination of visionary architecture and superb interior design, this residence represents the pinnacle of opulence and comfort.
The internal living space is arranged over two floors with secure entry phone system, entrance hall, cloakroom, bedroom or study and a superb mezzanine balcony overlooking the substantial double height 26ft lounge with dining area which has access to the private riverside balcony.
The kitchen is fitted to a modern standard. Upstairs there is a wonderful relaxing snug area, two further bedrooms with impressive en-suite facilities to the master.
There is also a family bathroom on this level.
The home sits adjacent to the River Dour and is nestled within lavish landscaped gardens complete with a stunning water feature together with private parking for two vehicles.
This elegant apartment provides the perfect setting for living, relaxing and entertaining.
This home is situated in the sought-after and well regarded village of River, with excellent local facilities within walking distance.
These include a very popular primary school, a local Co-Op on Lower Road, a pharmacy/post office, public houses and excellent walks.
There are direct access routes to the A2/M2 and also the M20 via the Alkham Valley. Kearsney train station is a short distance away and has access to Canterbury East on its route to London Victoria.
Just opposite the apartment is a bus stop and a convenience store. To arrange your viewing, please contact the friendly and experienced team at Geering & Colyer, Kearsney.
The below is what has been given to us by the vendor, these details should be confirmed with your legal team before proceeding.
Share of Freehold Ground Rent £50 per year Annual Service Charge £4786.56 Length of lease approximately 977 years left This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 1 Riverside,, Mill Race, Dover
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