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See how verdicts work2-bedroom flat · TN15 9BD
For saleListed 330 days
Opportunity summary
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About
A second floor two bedroom apartment in an imposing period property with delightful views, a large private communal garden, 20% share of freehold and no onward chain; located in the sought-after village of Ightham with its Ofsted outstanding primary school, park, two pubs, village shop and Oldbury Woods.
Property Description The apartment is accessed via a grand communal entrance hall with panelled walls, feature fireplace and staircase to a communal galleried landing on the first floor and door to an inner hall leading to a staircase to the entrance door to number 5 and door opposite to a walk-in loft storage.
The accommodation comprises: Entrance hall and built-in cupboard; sitting/dining room with lovely views over gardens to woodland; kitchen with base units and laminate worktops, sink with mixer tap, electric cooker; utility room with spaces for washing machine and fridge and two built-in cupboards; bedroom one with lovely views over gardens to woodland and fitted wardrobes; bedroom two; and bathroom with white suite comprising: Bath with shower spray, washbasin and WC.
Location Shopping facilities include Sevenoaks (5 miles), Tonbridge (7 miles), and Bluewater (18 miles).
For rail services, Sevenoaks offers trains to Cannon Street and Charing Cross, while Borough Green has direct services to Victoria and London Bridge.
Local state primary schools include Ightham, Plaxtol, and Shipbourne. Secondary schools in the area include Sevenoaks, Sackville, Borough Green, and grammar schools in Tonbridge and Tunbridge Wells.
Private secondary schools include Sevenoaks, Tonbridge, and Walthamstow Hall. In addition, Sevenoaks has Walthamstow Hall, Solefields, and New Beacon Preparatory Schools.
Otford is home to St Michaels and Russell House Preparatory Schools, while Radnor House School is located in Sundridge.
Leisure facilities in the area feature Wildernesse and Knole Golf Clubs in Sevenoaks, Nizels Golf Club with a private health and fitness centre in Hildenborough, and Reynolds Retreat private health and fitness centre in Borough Green.
Viewing Arrangements Viewings are strictly by appointment only via Kings.
Directions From our Borough Green office head west on the A227 and go straight over the roundabout onto the A25, at the round about take the second exit onto the A227, at the folk in the road turn right, continue for a short distance and turn left on the property land.
What3words: ///riches.basket.divisions Property Information The property also benefits from; gas central heating, a large private communal garden, grounds and shared driveway.
We understand the property is leasehold with the five apartments at Mainfield jointly owning the freehold. The vendor informs us the ground rent is £20 and the service charges c£2000 per year.
The lease is 99 years from 25th December 1975, however the vendor informs us that all the paperwork has been drawn up for a 150 year lease from 28th December 2004 which has been agreed with all the residents and four of them have already been extended.
He also said he is willing to arrange for the lease to be extended if the new buyers require this.
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 5, Mainfield, Ightham
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