2-bedroom flat · CT16 1QS
Sold STCListed 36 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom lower floor flat with private rear garden. The flat offers a spacious lounge/diner, two bedrooms, kitchen and shower room.
Further benefits include gas central heating, front courtyard area, private rear garden and access to the large rear communal gardens.
An early viewing is highly recommended on this chain free property.
Situated in this fabulous Grade II listed building, this lower ground floor flat is within walking distance of the town centre, along with the St James shopping area featuring a Marks & Spencer Food Hall, Cineworld and Next amongst others, this is a brilliant position to be.
The beautiful sea-front and the main-line Priory railway station are just a short walk away. From Priory you can catch the fast link train to London St Pancras in 1 hour 5 minutes.
There are good access routes to the A2/M2 to Canterbury and London too.
The accommodation comprises (measurements are maximum, taken into bays and extremes):- External steps leading down to front courtyard and front door opening to hallway.
Cupboard containing meters and the boiler. Electric consumer board. Door to kitchen. Kitchen (3.40m x 2.51m) Fitted with worktop and base units.
Integrated electric hob and space for cooker and fridge. Window to side. Radiator. Door to lounge/diner. Lounge/Diner (5.38m x 4.19m) Window to front. Radiator.
Door to inner hallway and double doors to bedroom 1. Inner Hallway Radiator. Doors to bedrooms and shower room. Leading to rear lobby. Bedroom 1 (4.90m x 3.23m) Window to rear. Radiator.
Alcove cupboards. Bedroom 2 (3.38m x 2.82m) Window to rear. Radiator. Shower Room (2.57m x 2.29m) Shower cubicle. Low level WC and wash basin. Radiator. Space for washing machine. Rear Lobby Radiator.
Door to garden. Outside Front - Courtyard area. Rear garden - lower storage space.
Steps to lawn with access to several acres of communal garden, which contains 2 mature red beech trees and beyond a delightful wood area where you can go for a walk.
Lease Details The vendor has advised that there is a lease of 125 years from 2004, so approximately 103 years remaining.
The current ground rent is £350 per year for the first 25 years of the lease and then increases to £500 for the next 25 years. The annual service charges including buildings insurance is £2,000.
The above information should be checked by your legal representative before proceeding. Energy Rating - C (72) Council Tax - Band A
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
Agent & docs
FAQ
About 15, Basement Flat, Victoria Park, Dover
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