Modern Method of Auction
Auction date not yet published
1-bedroom flat · TN4 8DN
Sold STCReduced £10k (−5.7%) on 24 SepListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £175,000.
This property will be legally prepared enabling any interested buyer to secure the property immediately once their bid/offer has been accepted.
Ultimately, a transparent process which provides speed, security and certainty for all parties.
Situated within an elegant period building on the highly regarded Molyneux Park Road, this charming first-floor apartment presents an excellent opportunity for buyers seeking a well-located home or investment in the heart of Tunbridge Wells.
The property offers bright, well-proportioned accommodation throughout, with a superb open-plan living space forming the heart of the home.
The sitting room enjoys an abundance of natural light, creating a welcoming and versatile environment for both relaxing and entertaining, seamlessly flowing into a well-appointed kitchen/dining area complete with fitted appliances, ample storage, and space for dining.
The generously sized double bedroom is a standout feature, enhanced by an attractive bay window that floods the room with natural light and creates a real sense of space.
A modern bathroom, fitted with a bath and electric shower over, completes the internal accommodation.
Externally, the property benefits from a communal rear garden and the rare advantage of access to the exclusive Molyneux Park Gardens - a beautifully maintained private green space reserved for local residents, offering a peaceful retreat just moments from the town centre.
Ideally suited to first-time buyers, investors, or those seeking a conveniently positioned home, the property is within easy walking distance of Royal Tunbridge Wells mainline station, providing fast and frequent links to London, along with the town’s excellent selection of shops, restaurants, and amenities.
Please note: The property includes a balcony which is currently not safe for use and remains locked.
There is no confirmed timeline for remedial works, and buyers should rely on their own investigations.
This is a fantastic opportunity to acquire a characterful property in a prime central location, offered for sale via auction with immediate exchange available.
Location Molyneux Park Road is widely regarded as one of Tunbridge Wells’ most desirable residential addresses, positioned on the sought-after west side of town.
The property is just a short walk from the vibrant town centre, offering an excellent mix of independent boutiques, cafés, restaurants, and leisure facilities.
Royal Tunbridge Wells mainline station is within easy reach, providing regular services to London, making it ideal for commuters.
The area is also well-served by highly regarded schools, including grammar and independent options.
For outdoor enthusiasts, nearby parks, open spaces, and the surrounding Kent countryside offer plenty of opportunity for walking and recreation, while the coast and Bluewater Shopping Centre are both accessible within approximately 30 miles.
Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedures are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
EPC Rating: D Parking - On Street Disclaimer Consumer protection from unfair trading regulations 2008 Kings Estates has not tested any apparatus, equipment, fixtures, fittings or services and cannot verify their condition or suitability.
Buyers should obtain verification from their own solicitor or surveyor. Tenure details are provided by the vendor; we have not seen the title documents.
Items shown in photographs are excluded unless specifically stated in the sales particulars (some may be available by separate negotiation-please ask).
Please check availability and book a viewing with our team before travelling. Anti-money laundering We are legally required to carry out aml checks on all parties.
Once your offer is accepted, Landmark will contact you to complete a secure biometric id check; a non-refundable £30 (inc. VAT) fee per buyer is payable directly to them.
Satisfactory aml results and evidence of funds or a mortgage aip are required before any offer can be formally accepted.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 3, 12B Molyneux Park Road, Tunbridge Wells
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