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See how verdicts work2-bedroom flat · TN3 9QQ
For saleListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 4, The Victoria, Withyham Road, Groombridge, East Sussex, TN3 9QQ Available with no chain, this delightful two-bedroom apartment situated on the lower ground of this fine period conversion of a former public house in Groombridge village with it's own private parking space.
Groombridge is a charming village with quaint pubs, convenience store, bakery and post office. Viewing highly recommended.
You enter through a communal entrance with telephone entry system, where a few stairs lead you to the entrance of the property.
Stepping into the entrance hall with its recently fitted carpets, there is fitted cupboard housing the immersion tank. Doors to each of the rooms lead from the hallway.
Ahead of you is the kitchen with its living and dining space combined, making it a fantastic open plan room with good quality carpeted flooring being a continuing feature.
There is plenty of space for chunky sofas along with a small table and chairs.
The kitchen itself is well presented and has fitted appliances to include a dishwasher, electric fan oven, electric hob with extractor hood above and fridge/freezer.
There are plenty of fitted cupboards at floor and eye level along with generous work surfaces.
This fantastic room features a smart lighting system throughout, allowing different 'moods' to be selected. There are two double bedrooms with opposite aspects, both carpeted.
Completing the apartment is the bathroom which is well presented and has been well maintained. It includes a bath with shower attachment, WC and wash basin.
The apartment has its own private parking space at the front of the building with plenty of additional, unrestricted parking available on street, close by.
Groombridge is a beautiful village lying on the border of Kent and Sussex.
It offers picturesque countryside and features the historic Spa Valley Railway, with journeys from the village taking you to both Eridge, High Rocks and Tunbridge Wells.
The area boasts many walks, a recreation ground, village hall, convenience store, family bakery and post office. For entertainment, there are two pubs within walking distance, with both serving food.
There is a regular bus route from Groombridge taking you to Tunbridge Wells which offers an extensive range of amenities, pubs, restaurants, shops and educational facilities.
Communal Entrance Private Entrance Hall Carpeted with radiator and airing cupboard housing the new electric boiler.
Bedroom One 10 5" x 9 7" ( 3.17m x 2.92m ) Carpeted double bedroom with part obscure double glazed window to the front.
Bedroom Two 12 x 7 11" ( 3.66m x 2.41m ) Carpeted double bedroom with double glazed window to the side. Bathroom Obscure double glazed window to the front.
White panel bath with mixer taps and shower above. WC and Wash hand basin. Open Plan Living Room Kitchen 20 1" x 10 8" ( 6.12m x 3.25m ) Mostly carpeted with two double glazed windows to the side.
Wall lights in the living area. The kitchen is fitted with wall and base units, 1 bowl sink and drainer, Electric oven and hob and fridge freezer and has space for an integrated washing machine.
Allocated Parking Space The property is currently available with no chain for immediate occupation. Should this property be wanted for rent, current rents are in the region of £1100 per month.
Ground rent - £250 pa Maintenance costs £1250 pa There are 80 years left on the lease. The property currently rents for £1050 pcm with tenants already in situ so there is rental income from day one.
Flooded in the last 5 years: No. Parking Availability: Yes.
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.
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FAQ
About Flat 4, The Victoria, Withyham Road, Groombridge
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