3-bedroom detached house · CT11 8PP
Listing removedListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is ideally located close to the town center and the golden sand of Ramsgate beach, and enjoys something of a Renaissance with its large amount of Grade II Listed property, many set within elegant Regency squares, or overlooking the sea, others with links to or influenced by the architect Augustus Pugin.
The Royal Harbour has a variety restaurants, cafes and bars emerge alongside quirky independent retail outlets, some utilising the arches on the quayside beneath Royal Parade.
This former factory is set back off Victoria Road, and nestled in between 2 properties and accessed via a graveled driveway which offers ample parking.
On entering the property, you are greeted by a good sized hallway which has lovely ceramic flooring and stairs that lead to the first floor.
The kitchen is a good size and located at the front of the house and has 2 double glazed windows giving the room lots of light.
There are a matching range of wall and base units and combi boiler, double glazed door leading out to a walled courtyard garden.
There is an ultra modern huge bath/shower room with a white suite comprising of shower, bath, low level WC and wash basin.
At the back of the house is the lounge/dining room again a wonderful size and has a beautiful feature fireplace. On the first floor is the landing, 3 double bedrooms and separate WC.
The principal bedroom is a nice size room with dual aspect so double glazed window to the side and front and built in wardrobe.
Bedroom 2 again is a double room with further built in wardrobes and bedroom 3 is currently being used as a dressing room. You will also find a separate WC.
Council Tax Band C Freehold Mains water, electric, gas, gas central heating, sewer Fixed wireless broadband
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.
Area
Agent & docs
FAQ
About Victoria Road, Ramsgate
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