2-bedroom terraced house · TN23 4AE
Sold STCListed 45 days
Opportunity summary
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About
Summary Situated in the popular and sought-after location of Scholars Way, this well-presented two-bedroom terraced home is available on a shared ownership basis, offering an excellent opportunity for first-time buyers to take their first step onto the property ladder.
Description Situated in the popular and sought-after location of Scholars Way, this well-presented two-bedroom terraced home is available on a shared ownership basis, offering an excellent opportunity for first-time buyers to take their first step onto the property ladder.
The accommodation is thoughtfully arranged and comprises an entrance hall, a convenient downstairs cloakroom/WC, and a spacious lounge/diner providing the perfect setting for both everyday living and entertaining.
The property also benefits from a fitted kitchen and a bright, contemporary feel throughout.
Upstairs, there are two generous double bedrooms and a modern family bathroom, making the home ideally suited to couples, young families, or those looking to downsize.
Externally, the property features a private rear garden, ideal for relaxing and outdoor dining, while allocated parking adds to the practicality and convenience of this attractive home.
Situated close to local amenities, schools, and excellent transport links, this modern shared ownership property represents a fantastic opportunity to purchase a stylish and affordable home in a sought-after Ashford location.
Agents Note This property is currently under shared ownership in conjunction with Orbit Housing Association who have criteria for any purchase, the advertised price is for the sellers 35% share.
£548.12 per month is paid to the Housing Association as rent for the retained share. Service Charge is £23.04 Ground Rent is £000.
Please make contact with Orbit Housing Association for guidance on purchase requirements.
In addition, Orbit Housing Association have advised that they would be prepared to staircase a transaction to 100% Freehold ownership.
This would mean that any potential purchaser would buy the vendor’s 35% share and the remaining 65% share from Orbit Housing Association providing a Freehold purchase on completion.
Your conveyancer will advise with regard to the timescales involved and you should satisfy yourself in regard to lending affordability.
Cloakroom/Wc Lounge Kitchen First Floor Bedroom 1 Bedroom 2 Bathroom Outside Driveway Rear Garden Agents Note "Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead." We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 9, Scholars Way, Ashford
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