2-bedroom flat · TN2 5GT
For saleListed 215 days
Opportunity summary
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About
Situation: The property is situated close to the centre of Tunbridge Wells, within easy reach of the towns many amenities.
Tunbridge Wells is renowned for its excellent range of amenities, including the Royal Victoria Place shopping centre, cinema complex and theatres.
The town is also well known for the historic Pantiles and its open spaces and parks, and there are a wide variety of bars, coffee houses and restaurants.
For the commuter, Tunbridge Wells mainline station provides a regular service to London Bridge, Charing Cross and Cannon Street in under an hour.
The A21 is also within close proximity and links with the M25.
Description: The property is a particularly spacious, light, airy, and well-presented apartment with lift access, a long lease, and benefits from residents parking.
The accommodation includes; a good-sized entrance hall with two adjacent storage cupboards, one of which having a Megaflow high pressure delivery system ensuring good water pressure to both bathrooms; a spacious living room (extending to 20ft) with bay windows providing a good deal of light, and feature fireplace with marble surround and hearth with stone effect mantel as its focal point; a good-sized kitchen/breakfast room with ample space for a dining table and chairs, a wide range of shaker style wall and base units, complementary work surfaces, attractive tile splashbacks, one and a half bowl sink with mixer tap over, and integrated appliances including a Siemens 4 ring hob and extractor, Electrolux oven, Kenwood dishwasher, Hoover washing machine, and full size Siemens fridge and freezer.
The apartment has two good-sized double bedrooms with the noticeably spacious principal having bay windows providing a good deal of light and sense of space, large fitted wardrobes, and ensuite with panelled bath with shower attachment, separate walk-in shower, mirrored medicine cabinet, low level w/c, wash basin with mixer tap over, and attractive wall tiling.
The property also has a separate guest bathroom, with large walk-in shower, low level w/c, wash basin with mixer tap over, mirrored medicine cabinet, and attractive wall tiling.
The property also benefits from residents parking in addition to well-maintained communal gardens.
There is circa 975 years left on the lease, please contact Green Lizard for further details of the charges and ground rent. Services: Mains water, gas, and electricity.
Local Authority: Tunbridge Wells Borough Council Council tax band: E Current EPC Rating: C Property address: TN2 5GT
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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