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See how verdicts work2-bedroom flat · CT12 6AZ
For saleReduced £10k (−5%) on 28 JulListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Footprints Property are delighted to market this great two bedroom ground floor apartment, accessed via a well maintained communal entrance.
On entering the flat there is a pleasant entrance hallway, with storage cupboard - large enough to fit a washer/dryer, modern family bathroom/WC, two good sized double bedrooms - the master featuring built-in wardrobe space and ensuite shower/WC.
The bright spacious living area is open plan, with a fitted contemporary kitchen with integrated oven, Induction hob, dishwasher and microwave, and the generous lounge and dining area has french doors leading to the exterior, which can double up as a personal entrance.
The property also benefits from an allocated parking space, underfloor heating.
Situated on quiet corner of the Meridian development, just off Manston Road, in close proximity to amenities such as the Westwood Cross shopping complex, as well as some fantastic local primary and secondary schools.
Good transport connections close by with Thanet Parkway station offering fast rail links into London St Pancras.
This stunning two bedroom ground floor apartment, in a modern complex, is absolutely ideal for an investor or as a first time buy.
With allocated parking and close proximity to transport links and local amenities, this is not one to miss out on, so book a viewing today!
Family Bathroom/WC 2.16 x 2.05 m Bedroom 4.44 x 3.13 m Master Bedroom 5.15 x 2.84 m Ensuite 2.0 x 1.48 m Lounge/Dining Room/Kitchen 5.95 x 5.49 m
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 35, Observatory Way, Ramsgate
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