1-bedroom flat · TN2 5TB
Sold STCListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £180,000 - £195,000. Freeman Forman are delighted to present this first-floor studio apartment, forming part of this striking period property, in one Tunbridge Wells premier locations.
The property is being sold with a share of the freehold and benefits from a useful basement storage area. Viewing advised.
Accommodation: A communal entrance leads up to the first floor of the property and private entrance into the apartment.
The accommodation includes an entrance hall, fitted kitchen, bathroom with white suite and an open plan living room with large storage cupboard and steps that lead up to a mezzanine bedroom area.
Outside: There are communal gardens and a useful basement storage cupboard which belongs to the apartment.
Location: The property is located on Warwick Park, offering easy access into the Town Centre, The Pantiles and the Mainline Railway Station.
There are highly regarded schools including separate grammar schools for girls and boys, recreational amenities including a sports and leisure centre, cinema complex, theatre, two golf courses, and two mainline stations with services to London Charing Cross & Cannon Street in approximately 50 minutes.
The major road network of the A21 leading into the M25 is again easily accessible to the north of Tunbridge Wells for other national motorways and Heathrow and Gatwick airports.
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.
Area
Agent & docs
FAQ
About Flat 6, Warwick Towers, 42, Warwick Park, Kent
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