2-bedroom flat · TN2 3RR
For saleReduced £15k (−5.2%) on 20 JunListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freeman Forman are delighted to present this two bedroom third floor apartment, located in the popular St.
James area of Tunbridge Wells, with residents parking, lift, private balcony and communal gardens. The property is just a short walk from the highly regarded St. James Primary School and Town Centre.
An internal viewing comes highly recommended. Accommodation: A communal entrance hall leads with staircase leads up to the apartment entrance.
The accommodation includes an entrance hall, spacious double aspect living room, offering lots of natural light and access to the private balcony.
There are two generous bedrooms with fitted wardrobes, a well appointed kitchen and bathroom which is fitted with a white suite.
There is a gas fired central heating system and double glazing throughout. There is underfloor heating in the hallway, kitchen and bathroom. There is a long 165 year lease on the property.
Outside: There are large communal park like gardens, laid mainly to lawn and residents parking.
Location: The apartment forms part of one of a small number of blocks in these large extensive communal gardens in the St. James' quarter of Tunbridge Wells.
Whilst a particularly peaceful location, the property enjoys good pedestrian access to the town centre as well as both railway stations - situated at both High Brooms and the town centre itself.
Tunbridge Wells is highly regarded for its mix of social, retail and educational facilities including a number of sports and social clubs, two theatres, a range of primarily multiple retailers both at the North Farm Estate and Royal Victoria Place as well as a further host of independent retailers, restaurants and bars located between Mount Pleasant and the Pantiles.
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.
Area
Agent & docs
FAQ
About 13 Dudley Lodge,, Ferndale Close, Kent
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