1-bedroom flat · ME12 1UW
Listing removedReduced £5k (−6.7%) on 20 JunListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom First floor Flat with an allocated parking Space Auction: Guide Price of £75,000 Set within Portland House in central Sheerness, ME12 1US, this great value first floor one bedroom apartment is ideal for a for a smart addition to an investment portfolio as the tenant is in Situ.
With a secure entrance system giving peace of mind from the moment you arrive, the building is perfectly placed for everyday convenience, with shops, cafés and local services right on your doorstep.
Best of all, you are also within easy walking distance of the beach, perfect for morning strolls and fresh sea air whenever you fancy it.
Inside, the layout is practical and easy to live in, with a comfortable lounge space to relax or entertain, a fitted kitchen area, and a well proportioned bedroom that offers a quiet retreat at the end of the day.
The apartment’s first floor position suits those who want a little separation from street level while still enjoying simple access.
A real bonus for this central location is the allocated parking space, helping take the stress out of parking in and around the High Street.
For buyers considering the numbers, the property rents for around £850 pcm, making it an attractive proposition for landlords and investors.
Please note the home is being sold by exp UK Modern Auction with a Buy It Now option available, and a reservation fee applies. Early interest is expected, so viewing is strongly recommended.
Being Sold by exp UK Modern Auction (buy it now Option Available) – Reservation Fee Applies This Property is Being sold by exp Modern Auction.
Modern Auction is a faster and more secure way to sell or purchase a property, where the seller and the buyer commit to the transaction and an agreed fixed timescale.
A legal pack (including searches) will be created upfront and made available to any interested parties and passed to the conveyancers once a sale has been agreed.
Please contact exp UK to view these documents.
When an offer is accepted, the buyer will be required to pay a non-refundable Reservation Fee of £6,995 including VAT (in addition to the final negotiated selling price), sign a Reservation Form and agree the Terms and Conditions prior to solicitors being instructed.
If you require a copy of these documents, or for further information, please contact the exp UK Team.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 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
Agent & docs
FAQ
About Portland House,Flat 3, High Street, Sheerness
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