2-bedroom house · CT6 5ER
Listing removedListed 79 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nicely presented 2/3 bedroom flat over 2 floors with large balcony to rear. Town centre location close to local bus routes. Sea front in walking distances. Council Tax Band B.
Rent £1250.00 per month Deposit of £1442.00. Holding deposit of £200.00 Maain Front Door Wooden front door leading to hallway with power socket.
Cupboard with electric meter Stairs To First Floor Carpet Kitchen Area (2.246 x 3.422 (7'4" x 11'2")) Cupboard housing gas meter, Under counter fridge and freezer, space for washing machine, 1 1/2 bowl stainless steel sink, Boiler for hot water and central heating, Electric cooker, extractor fan over, gray worktop, white units Stairs To Lounge (4.581 x 3.704 (15'0" x 12'1")) Power points internet box, 2 radiators, Double glazed windows, new carpets Bedroom / Dining Room (2.884 x 3.369 (9'5" x 11'0")) Power points, radiator, Double glazed door, new carpets Open Space Door to decked area with glass surround Stairs To: Bathroom (2.463 x 2.309 (8'0" x 7'6" )) Corner shower, Bath, low level W.C.
Basin, part tiled, Radiator Separate Toilet W.C.
With Basin Stairs To Power point, Radiator Bedroom (4.622 x 3.715 (15'1" x 12'2")) 2 Radiators, Power points Bedroom (3.414 x 2.865 (11'2" x 9'4")) Radiator, Power point, Loft Access
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
We're still gathering serviced-accommodation data for this area.
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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 97A, Mortimer Street, Herne Bay
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