1-bedroom flat · TN2 4JP
Listing removedReduced £22k (−11.6%) on 20 JunListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within an elegant Victorian building converted into only four apartments, this charming home offers a wonderful blend of period character, generous proportions, and exciting potential.
Notably, two of the apartments within the building are owner-occupied, contributing to a well maintained and community focused environment.
The living accommodation is particularly spacious and bathed in natural light thanks to large windows, creating a bright and welcoming atmosphere throughout.
There is excellent scope to reconfigure the layout to form a modern open plan living and kitchen space, with room for a central island, ideal for entertaining or contemporary living.
The bedroom is well proportioned and comfortably accommodates storage and furnishings.
The large bathroom includes a full size bath and offers flexibility to be re-designed, with the potential to incorporate a walk in wardrobe or a dedicated work from home space.
Additional benefits include gas central heating, a private storage shed to the rear, and on street parking.
The property is offered with a long lease of approximately 105 years remaining and a low annual ground rent of £150.
This is an excellent opportunity for owner occupiers or investors seeking a characterful home with future potential, set within an attractive period building.
Please quote JE1408 upon making an enquiry.
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 42, Hastings Road, Tunbridge Wells
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