2-bedroom flat · TN25 7FU
Listing removedListed 94 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Evolution Properties are thrilled to bring to the market this two bedroom apartment situated in a sought after location in close proximity to a host of amenities, including supermarkets, shops, and cafes, all of which are easily reachable by public transport.
This spacious two bedroom apartment is situated on the highly sought after Bridgefield development.
Offering Two double bedrooms, the main bedroom with ensuite shower room, bedroom two overlooks the front and would make an ideal home office if required.
The bathroom has a modern white suite with panelled bath and shower over, w.c and basin.
The spacious open plan living room and dining room has double doors and windows opening to the rear and the modern fitted kitchen has a fine range of wall and base units, work surface, inset sink, four ring gas hob with oven below, integrated fridge / freezer, dishwasher and washing machine.
Outside, there is an allocated parking space plus further visitor bays. The apartment enjoys a private patio terrace with side pedestrian access.
This lovely property is ideally situated for easy access to William Harvey Hospital and there are excellent transport links as well, including Ashford International Station and links to the M20.
Council Tax band B / Deposit = 5 weeks rent £1384.61 / Holding deposit £276.92/ EPC rating B for broadband and phone coverage.
Applicants will be required to show A minimum total income of £36,000 per annum to show affordability for this property and guarantors will be required to show A minimum total income of £43,200 DisclaimerThe Agent, for themselves and for the vendors of this property whose agents they are, give notice that:(a) The particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract(b) No person within the employment of The Agent or any associate of that company has any authority to make or give any representation or warranty whatsoever, in relation to the property.(c) Any appliances, equipment, installations, fixtures, fittings or services at the property have not been tested by us and we therefore cannot verify they are in working order or fit for purpose.
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
Agent & docs
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FAQ
About 15, Ryeland Way, Ashford
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