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See how verdicts work2-bedroom flat · TN9 1SY
For saleListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*50% SHARE OF OWNERSHIP* Waghorn and Company are please to present to the market this two double bedroom first floor apartment located in the heart of Tonbridge Town Centre, with easy access to to Local shops, transport links and the historic Tonbridge Castle.
The property has salient features to include; telephone entry system, dual aspect sitting room, newly fitted bathroom. an early viewing is highly recommended.
Entrance Access is via a communal entrance with telephone entry system, stairs leading to first floor leading to private entrance door.
Entrance Hall Wood laminate flooring, doors to bedrooms, sitting room, kitchen and bathroom, storage cupboard and radiator.
Sitting Room 17' 11'' x 12' 0'' (5.46m x 3.65m) Double glazed window to front, double glazed door to side with Juliette balcony with views over the Tonbridge Castle, laminate flooring and two radiators.
Kitchen 13' 6'' x 7' 0'' (4.11m x 2.13m) Double glazed window to side, single stainless steel sink and drainer with cupboards under and a further range of matching base and wall units, space and plumbing for washing machine and space for free standing fridge freezer, built in electric oven and four ring gas hob with extractor fan over, wall mounted gas boiler and inset spotlights.
Bedroom 1 14' 0'' x 8' 0'' (4.26m x 2.44m) Double glazed window to side and radiator. Bedroom 2 9' 4'' x 14' 5'' (2.84m x 4.39m) Double glazed window to front and radiator.
Bathroom 7' 6'' x 4' 0'' (2.28m x 1.22m) Low level W/C, hand wash basin, panelled bath with mixer taps and shower over, inset spotlights, shaver socket, extractor fan and radiator.
Tenure Length of Lease: Approx.
106 Years Ground rent and Service Charge: £249.11 We understand that the rent element for the 50% is currently £321.90 PCM The above would need to be confirmed by the buyers solicitor prior to entering into a legal binding contract.
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 Medway Wharf Road, Tonbridge
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