2-bedroom flat · CT10 1QF
For saleReduced £25k (−9.1%) on 6 JulListed 428 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly renovated seaside two bedroom apartment located in one of broadstairs' most desirable developments!
The vendor has recently refurbished this fourth floor apartment throughout and has left no stone unturned.
The property benefits from a long welcoming entrance hallway, 18' 11" lounge/diner, kitchen with integrated Bosch appliances, well appointed bathroom, 15' 10" principal bedroom and a second double bedroom.
Offered to the market with no forward chain, this beautiful property is located in the sought after development of Grand Mansions.
The historic building has stood on its current site since 1881 and is a stone throw away from the beach and Broadstairs High Street.
The town's railway station is located within a half mile radius, with Hi-Speed services to London. Call Terence Painter Estate Agents on to arrange your viewing.
Communal Entrance Entrance into the development is gained via a secure communal door, that requires a fob for access. There are carpeted stairs and a lift to all floors.
Entrance Hallway 6.76m x 1.05m (22' 2" x 3' 5") Entrance into the property is gained via a secure wooden door, the entrance hallway has a low level storage cupboard, entry phone system, downlights and carpeted flooring.
Lounge/Diner 5.77m x 3.57m (18' 11" x 11' 9") The lounge/diner features a double glazed window to front, radiator and carpeted flooring.
Kitchen 2.50m x 2.40m (8' 2" x 7' 10") The kitchen benefits from two double glazed windows to the front, high and low level shaker-style units, integrated fridge-freezer, electric oven, washer-dryer and dishwasher.
Stainless steel sink unit and gas hob inset to hardwood countertop with extractor fan. Gas fired boiler, downlights and tiled flooring.
Principal Bedroom 4.59m x 3.24m (15' 1" x 10' 8") The principal bedroom features two double glazed windows to front, radiator and carpeted flooring.
Bathroom 4.57m x 2.12m (15' 0" x 6' 11") The bathroom features a panelled bath with rainfall shower attachment and glass screen, double glazed frosted window, low level w.c, chrome ladder style radiator, underfloor heating, downlights, partly tiled walls and tiled flooring.
Bedroom Two 5.77m x 2.71m (18' 11" x 8' 11") Bedroom two has a double glazed window to front, radiator and carpeted flooring.
Service Charges - £2400 service charge per annum, £600 to be paid every quarter. - No holiday lets or short term lets permitted. - Long term lets allowed. - Freehold.
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 Grand Mansions, Queens Gardens, Broadstairs
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