2-bedroom flat · ME3 9AX
Listing removedListed 942 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom apartment located on the first floor of this retirement development Flack Gardens comprises 8 bungalows and 27 apartments arranged over 2 floors.
The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour emergency Appello response system. Each property comprises an entrance hall, lounge, kitchen, two bedrooms and a bathroom.
It is a condition of purchase that residents be over the age of 55 years. Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Draft details Accommodation Front door leads to the Entrance Hall Access to all rooms, power point, storage heater and telephone point.
Living Room TV aerial point, power points, storage heater and emergency pull cord.
Modern Fitted Kitchen With Double Glazed Window Fitted with a range of wall and base units, sink unit and fitted worktops, built in oven and hob, fridge/freezer and washing machine.
Storage heater, emergency pull cord. Bedroom One With Double Glazed Window Storage heater, built in wardrobe, power points, emergency pull cord and telephone point.
Bedroom Two With Double Glazed Window Power points and emergency pull cord. Bathroom With Double Glazed Window Tiled and fitted with suite comprising walk-in shower, emergency pull cord.
WC with low level flush, pedestal wash hand basin, wall mounted heated towel rail. Fan heater.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 30, Flack Gardens, Hoo
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