8 × 1-bed flat · CT16 1EU
Sold STCListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A freehold block of four one-bedroom flats situated on the corner with Albert Road, close to Morrisons, Farm Foods, asda with the town centre also within close proximity.
Dover has the harbour and ferry port to France as well as a mainline railway station at Dover Priory.
The property, which comprises four one-bedroom flats, three of which are let under the terms of Assured Periodic Tenancies and Flat 3 is offered with vacant possession.
The sale also includes an area of ground which may offer future potential, subject to all the necessary consents being obtainable. Flat 1 - Basement Flat One-bedroom.
Tenancy Let under the terms of an Assured Periodic Tenancy at a current rental of £611 per calendar month. EPC Rating D Council Tax Band A Ground Floor Communal entrance.
Flat 2 - Upper Ground Floor Flat Entrance hall, bedroom, living room, bathroom/W.C., kitchen. Tenancy Let under the terms of an Assured Periodic Tenancy at a current rental of £500 per calendar month.
EPC Rating D Council Tax Band A Flat 3 - First Floor Flat Entrance hall, living room, kitchen, bedroom, shower room and separate W.C. Tenancy Vacant - previously let at £725 per calendar month.
EPC Rating C Council Tax Band A Flat 4 - Top Floor Flat First Floor Personal door to Flat 4, entrance hall with stairs to: Second Floor Landing, living room/kitchen, bedroom, bathroom/W.C.
Tenancy Let under the terms of an Assured Periodic Tenancy at a current rental of £700 per calendar month.
EPC Rating D Council Tax Band A Auctioneer's Note At the time of inspections the Auctioneers had been unable to internally inspect Flat 1 (Basement Flat), the details have been provided by the Seller and interested applicants should rely on their own investigations to verify the information provided.
The photographs of flat 3 were taken when the tenant was in situ. Local Planning Authority Dover District Council.
Tel: Website: Freehold with Part Vacant Possession Residential EPC: D Important: All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on the Auction Day.
Price Information *Guides are provided as an indication of each Seller's minimum expectation.
They are not necessarily figures at which a property will sell for and may change at any time prior to Auction.
Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide.
Please check our website regularly at , or contact us on , in order to stay fully informed with the up-to-date information.
*An Administration fee and Other non-optional fees may also be payable in addition to the bid price.
All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing.
This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty.
If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 34 Salisbury Road, Dover
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