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See how verdicts work2-bedroom flat · CT17 0FX
For saleListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Draft Details...Price Range £240,000 - £250,000 | A Stunning Riverside Apartment | Two Double Bedrooms | En-Suite & Luxury Bathroom | Allocated Parking | Set within an exclusive riverside development, this exceptional state-of-the-art apartment offers a rare combination of contemporary luxury and tranquil surroundings.
Constructed in 2022 by an award-winning developer, this beautifully appointed home provides stylish, modern living with generous proportions and an impressive specification throughout.
Upon entering the property, you are immediately greeted by a superb open-plan kitchen, dining, and living space, perfectly designed for modern lifestyles.
The high-quality fitted kitchen boasts elegant quartz worktops and a range of integrated appliances, seamlessly flowing into the spacious dining area and inviting lounge, where floor-to-ceiling corner windows allow natural light to flood the room while framing attractive views of the surrounding grounds.
A particular highlight of the property is the covered balcony, accessed directly from the dining area.
Overlooking the communal grounds, the balcony provides a peaceful setting to relax and enjoy the soothing sounds of the nearby river and waterfall.
The principal bedroom benefits from a stylish en-suite shower room, while the second generous double bedroom is served by a luxurious family bathroom featuring contemporary porcelain tiling and underfloor heating for added comfort.
Further benefits include a secure entry phone system, allocated parking, and access to excellent on-site amenities, including a convenience store and public gymnasium.
Occupying a prime position within this prestigious development, the apartment sits adjacent to the striking Clock Tower Lofts conversion and within the historic grounds of the former Paper Mill, enjoying picturesque riverside surroundings and beautifully landscaped communal areas.
Combining luxury, convenience, and a unique waterside setting, this outstanding apartment presents a fantastic opportunity for professionals, downsizers, first-time buyers, and investors alike.
For your chance to view call Burnap + Abel on .
Lounge 15' 1" x 11' 6" (4.60m x 3.51m) Kitchen/Dining Area 15' 6" x 14' 9" (4.72m x 4.50m) Bedroom One 10' 10" x 10' 7" (3.30m x 3.23m) Bedroom Two 12' 7" x 10' 6" (3.84m x 3.20m) Bathroom 7' 7" x 6' 9" (2.31m x 2.06m) Lease & Service Charge Information The vendors are coming back to to confirm lease length, service charges and ground rent.
Area Information Waterwheel House is a stunning conversion of an original 1840's Mill.
The building was redeveloped in 2014 by Gillcrest Homes and is not only striking but rather beautiful, whilst staying true to its origins.
Crabble Hill is an area on the outskirts of Dover, conveniently situated and with easy access to; Kearsney, Whitfield and the seafront.
Highlights of Dover and the surrounding area include, Dover Castle spectacularly towering above the town and a £30 million redevelopment project in the St James' Street area providing new retail units, restaurants and a cinema.
The seafront has a wonderful promenade and pebble beach providing a hub for water sports, in particular a sheltered training ground for Channel swimmers and the Western Harbour area is also undergoing a period of transformation with considerable investment being used to create a new marina, pier and ‘curved arm’ which will attract a host of cafes, bars, and restaurants.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Waterwheel House, Crabble Hill, Dover
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