2-bedroom flat · ME19 5SN
Sold STCListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Built by Taylor Wimpey in approximately 2018 as part of the final phase of the development, the Kestrel apartments enjoy a lovely position on the fringes of Leybourne Chase, West Malling.
Located on the top (second) floor, this home benefits from a private lobby area adjacent to your front door, giving the feel of your very own entrance porch.
Inside, you’ll find spacious storage cupboards within the hallway, two double bedrooms, a modern bathroom, and a wonderful open plan living, dining and kitchen area that forms the heart of the home.
The property also comes with a private, allocated parking space located conveniently close to the building.
This apartment is offered for sale at a discounted rate under the Discounted Open Market Value Scheme .
To qualify, buyers must meet the following criteria: Be a first time buyer Have a household income below £80,000 per year Be living or working within the borough of Tonbridge & Malling, or have immediate family who do The discounted purchase price is £204,000, representing 85% of the full market value (estimated at £240,000).
For those who love the outdoors, Leybourne Chase offers an exceptional lifestyle.
Woodland walks, the trim trail, nearby playing fields and expansive parkland provide endless opportunities to enjoy fresh air and nature.
And when you fancy a treat, take a short stroll to Average Doughs bakery at the sports pavilion.
All on site facilities are within easy walking distance, while the thriving market town of West Malling, with its independent shops, boutiques, restaurants and mainline rail station, is just a few minutes’ drive away.
Accommodation Communal Entrance - stairs to second floor Private Entrance Hallway with large storage cupboards Open Plan Kitchen / Dining / Living Room - 23'6 x 11'6 Bedroom 1 - 12'4 x 12'3 Bedroom 2 - 12'3 x 7'7 Bathroom Outside Private Allocated Parking Space Important Information on Anti-Money Laundering Check We are required by law to conduct Anti-Money Laundering checks on all parties involved in the sale or purchase of a property.
We take the responsibility of this seriously in line with HMRC guidance in ensuring the accuracy and continuous monitoring of these checks.
Our compliance partner, Move Butler, will carry out the initial checks on our behalf.
They will contact you and where possible, a biometric check will be sent to you electronically only once your offer has been accepted.
As an applicant, you will be charged a non-refundable fee of £30 (inclusive of VAT) per buyer for these checks. The fee covers data collection, manual checking, and monitoring.
You will need to pay this amount directly to Move Butler and complete all Anti-Money Laundering checks before your offer can be formally accepted.
You will also be required to provide evidence of how you intend to finance your purchase prior to formal acceptance of any offer.
Material Information This property is offered for sale at a discounted rate on a 'discounted open market value scheme'.
Buyers must meet certain criteria in order to purchase - these being : first time buyers earning less than £80,000 per year, currently working or living in the borough of Tonbridge & Malling or have immediate family who live in the borough.
The discounted purchase price is £204,000 (which equates to 85% of the full market value, estimated at £240,000) Council Tax : Band C - Tonbridge & Malling Borough Council Tenure : Leasehold Expires 2141 (114 years remaining - correct at time of listing) Ground Rent : £390.30 per annum (correct at time listing) Service/Maintenance Fee : £1440 per annum (correct at time listing) Estate management Fee : £610.68 per annum (correct at time listing) Services - The home is supplied by Mains Gas, Electric & Water Agents Note - All measurements and floor plans are for illustration purposes only.
No Appliances have been tested prior to sale. Buyers are encouraged to verify all leasehold information and associated charges with their appointed solicitor.
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.
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FAQ
About CHAIN FREE APARTMENT - Rowan Street, Leybourne Chase, West Malling, Kent, ME19 5SN
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