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See how verdicts work1-bedroom flat · ME5 9GJ
Listing removedListed 334 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold, 101 years remaining lease: 125 years from 2002 This second floor apartment is conveniently located offering great access to local amenities and excellent public transport links.
Featuring a single reception room, the property benefits from large windows that provide ample natural light and a fabulous garden view.
In addition, this room offers direct access to the property's unique garden feature.
The apartment also boasts a well proportioned kitchen, with a double bedroom, complete with built-in wardrobes, offering plenty of storage space.
The bathroom is well equipped with a walk-in shower providing ease and comfort. The complex has communal areas as well as a laundry room, secure entry system and resident parking.
The development manager can also be contacted from various points within the property in the case of an emergency.
Annual Service charge: Approx: £3,246 The annual management charge includes all water usage and a proportion is taken for a contingency fund to cover incidental community expenses to save asking residents for additional funds - e.g.
May cover communal area decoration, new furniture, replacement laundry equipment, external grounds maintenance, carpet cleaning, some social events held at the flats, etc.
Also covered is the emergency pull cord system within each room in each flat. Annual ground rent charge collected by Estates & Management: Approx £790.26.
Communal facilities: For laundry - washing machines, tumble driers/refuse collection Utilities: There is no gas at the premises, electricity only. Council tax is payable individually by each resident.
In all, this retirement flat provides an exceptional balance of comfort, accessibility and convenience, making it a truly desirable property.
Exterior Patio doors to communal garden Front Door To: Entrance Hall: Bedroom: (15' 5" x 9' 5" (4.7m x 2.87m)) Shower Room: (6' 8" x 5' 5" (2.03m x 1.65m)) Lounge/Diner: (24' 8" x 10' 5" (7.52m x 3.18m)) Kitchen: (7' 6" x 6' 7" (2.29m x 2m))
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 18,, Woodlands Court, Chatham
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