2-bedroom flat · TN30 6FS
Listing removedListed 92 days · slow let
Opportunity summary
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About
A very large and immaculate, newly constructed 2 bedroom penthouse apartment finished to a very high standard both internally and externally.
The property is extremely spacious and bright being located on the second floor and includes clever window balconies with far reaching views across surrounding farmland and Tenterden Church Spire.
Description The property has been thoughtfully constructed with modern living in mind using high quality materials, stylish bathroom suites, new carpets and impressive flooring, high pec kitchen with granite worktops and air source heat pump heating provides an energy saving efficiencies expected with a new apartment of this quality.
The accommodation comprises; entry phone access and pristine common parts, large open plan kitchen living space floor to ceiling windows and 2 window balconies with pretty far reaching views, bespoke handmade kitchen with integral appliances, 2 large double bedrooms both with en-suite shower rooms, stylish family bathroom with bath and shower, new carpets throughout.
The exterior includes automatic electric security gate, common part exterior courtyard garden and two allocated parking spaces Services: Mains electricity, Mains water, Mains drainage, Air source heat pump heating.
Council: Ashford Band: C (tbc) EPC: B eicr: Yes Unfurnished Available now! Fees Holding Deposit (per tenancy) - One week’s rent. This is to reserve a property.
Please Note: This will be withheld if any relevant person (including any guarantors(s)) withdraw from the tenancy, fail a Right to- Rent check, provide false or misleading information, or fail to take all reasonable steps to enter into a tenancy agreement (and / or Deed of Guarantee) within 15 calendar days of the holding deposit being received (or other Deadline for Agreement as mutually agreed in writing).
Security Deposit (per tenancy. Rent under £50,000 per year) Five weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy. Security Deposit (per tenancy.
Rent of £50,000 or over per year) Six weeks’ rent. This covers damages or defaults on the part of the tenant during the tenancy.
Unpaid Rent Interest at 3% above the Bank of England Base Rate from Rent Due Date until paid in order to pursue non-payment of rent.
Please Note: This will not be levied until the rent is more than 14 days in arrears. Unpaid Rent Tenants are liable for the actual cost of replacing any lost key(s) or other security device(s).
If the loss results in locks needing to be changed, the actual cost of a locksmith, new lock and replacement keys for the tenant, landlord and any other persons requiring keys will be charged to the tenant.
If extra costs are incurred there will be a charge of £15 per hour (inc. VAT) for the time taken replacing lost key(s) or other security device(s). Variation of Contract (Tenant’s Request) £50 (Inc.
VAT) per agreed variation. To cover the costs associated with taking landlord’s instructions as well as the preparation and execution of new legal documents.
Change of Sharer (Tenant’s Request) £50 (inc. VAT) per replacement tenant or any reasonable costs incurred if higher.
To cover the costs associated with taking landlord’s instructions, new tenant referencing and Right-to-Rent checks, deposit registration as well as the preparation and execution of new legal documents.
Early Termination (Tenant’s Request) Should the tenant wish to terminate their contract before the end of the fixed term, they shall be liable for the landlord’s cost in re-letting the property as well as all rent due under the tenancy until start date of the replacement tenancy.
These costs will be no more than the maximum amount of rent outstanding on the tenancy. Client Money Protection is provided by Propertymark. Redress through The Property Ombudsmen Scheme.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 2C Mercers Drive, Coombe Lane, Tenterden
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