We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom property · CT6 5RP
Listing removedListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom, centrally located retirement apartment close to all the local shops and amenities in Herne Bay town.
Offered with NO FORWARD CHAIN and finished to a very high standard, to include fitted kitchen and fully furnished bedroom.
Kimber Estates are please to bring to the market this well presented residence.
Built by McCarthy Stone, the development provides a House Manager, 24 hour emergency lifeline system, guest room, laundry room, residents' parking and communal lounge, all set in well kept gardens.
Ground Floor - Communal Entrance - Via secure entry door, access to communal lounge, laundry room and guest suite. Stairs and lift to all floors.
First Floor - Entrance Hall - Via entrance door, built in airing cupboard housing hot water tank, consumer unit, emergency pull cord and intercom door entry system.
Lounge - 18' 3" x 10' 4" (5.56m x 3.15m) Double glazed bay window to front, emergency pull cord, storage heater, vertical blinds, fitted carpet, open plan to: Kitchen - 7' 3" x 7' 0" (2.21m x 2.13m) Fitted kitchen comprising of a range of wall and base units with worktops over, ceramic tiled splash backs, built in Diplomat ceramic hob and electric oven, space for fridge, freezer and dishwasher, single drainer unit sink, extractor fan.
Bedroom - 13' 5" x 8' 7" (4.09m x 2.62m) Double glazed window to front, vertical blinds, storage heater, comprehensive range of fitted bedroom furniture, emergency pull cord.
Shower Room - White suite comprising of low level WC, vanity wash hand basin with backlit mirror, shower cubicle with thermostatically controlled shower, full ceramic tiling to walls, extractor canopy and emergency pull cord.
Council Tax Band B - Nb.
- We are advised by the seller that:Annual Ground Rent = £426.28Annual Service Charge = paid to Feb 2025 was £3133.73 (01/03/2024 – 31/08/2024 £1573.06 and 01/09/2024 – 28/02/2025 £1560.67) Lease - 125 years from 1991.
Nb - At the time of advertising these are draft particulars awaiting approval of our sellers.
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.
Area
Agent & docs
FAQ
About Parkside Court, Kings Road, Herne Bay
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