2-bedroom flat · TN5 6RD
Listing removedReduced £25k (−6.3%) on 20 JunListed 219 days
Opportunity summary
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About
Situation: The property is situated in an exclusive development of quality apartments and houses in a quiet location in the much sought after village of Wadhurst, voted the best place to live in the UK in 2023.
The High Street is less than a mile distant and offers an excellent range of shops and services for everyday needs including a Jempson's Local store and post office, a Co-Op & Morrisons convenience store, a mini market, cafés, restaurants, delicatessen, butcher, baker, pharmacy, bookshop, art gallery, florist, public houses, as well as a doctor's surgery, dentist, state and independent primary schools and the well-regarded Uplands Community College and Sports Centre.
For the commuter, Wadhurst mainline station is located within 1⁄2 mile and provides a regular service to London Charing Cross/Cannon Street in under an hour.
There is also a regular bus service and the A21 is within easy reach and links with the M25.
The regional centre of Tunbridge Wells is about 6 miles distant and provides a comprehensive range of amenities including the Royal Victoria Shopping centre, cinema complex and theatres.
The beautiful surrounding countryside includes Bewl Water Reservoir, reputedly the largest area of inland water in the South East, where a wide range of water sports can be enjoyed and the extensive outdoor activity centre at Bedgebury which also includes the tranquillity and beauty of the National Pinetum.
Description: This excellent second floor apartment forms part of a detached property of just six apartments built by Daniel Homes in 2007 to a very high standard and includes a modern and spacious kitchen/breakfast room with top of the range appliances and granite work surfaces, a well appointed ensuite and family bathroom with modern sanitary ware, an entry phone system and an alarm system.
With external elevations of brick beneath a slate tiled roof, the property benefits from double glazing throughout.
A communal reception hall gives access to the apartment which is located on the second floor of the building and includes the following accommodation: A good-sized entrance hall with a useful storage cupboard and airing cupboard, a light and spacious sitting/dining room with views, a beautifully appointed kitchen/breakfast room, a large master bedroom with an en-suite shower room and a useful study area, a further double bedroom with access to a large loft space providing excellent storage and a family bathroom.
The property is approached over a private block paved road which leads to a private parking space. The apartment benefits from visitor parking and good-sized communal gardens to the front.
Services: Mains water and electricity.
Gas-fired central heating Local Authority: Wealden District Council Current energy efficiency rating: B Current council tax band: E (£3,297.04 per annum) Current service charge: £2,224 per annum Post code for sat nav: TN5 6rd
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.
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