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 5PW
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Forward Chain.
This retirement flat is situated on the first floor of a popular development within the heart of Herne Bay, a stones throw away from the seafront and all town facilities including shops and restaurants.
The flat is warden assisted with a double bedroom, fitted kitchen, shower room and lounge.
The properties at Brian Roberts House benefit from having a house manager, intercom system, laundry room and guest room.
First Floor - Hallway - Airing cupboard Lounge - 4.65m x 2.72m (15'3 x 8'11) - Double glazed window to rear, electric storage heater.
Kitchen - 2.59m x 2.79m (8'6 x 9'2) - A range of wall and base units with worktop over, electric oven, electric hob, washing machine. Shower Room - Low level WC, wash hand basin, shower unit.
Bedroom One - 3.73m x 2.59m (12'3 x 8'6) - Double glazed window to rear. Council Tax Band A - NB: At the time of advertising these draft particulars are awaiting approval from our sellers.
Lease Information - We have been advised by the seller that there is 62 years left on the lease. The annual service charge is approximately £238.76 per month.
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 Beach Street, Herne Bay
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