1-bedroom flat · TN4 8FL
For saleReduced £30k (−8.6%) on 15 SepListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented one bedroom third floor apartment, built in 2019 to a high specification by Berkeley Homes, this development is a 6 minute walk to the Victoria Place shopping centre, 0.6 miles walk of Tunbridge Wells train station and 0.7 miles of Calverley Park.
Main entrance to stairs and lift. Entrance hall with secure video entry system, cloaks cupboard and separate utility cupboard with washing machine. Double bedroom with built in triple wardrobe.
Bathroom suite with shower over bath.
Reception area with living and dining space, open plan to modern kitchen with fitted units and integrated appliances including oven, hob, microwave, dishwasher and fridge freezer.
Access to the balcony. Allocated parking space and visitor permit.
Utilities/key information Mains electricity/water/sewerage/gas Heating: Mains gas Service Charge: £1,765.72 per annum Ground Rent: £400.00 per annum Local authority: Tunbridge Wells Council Tax Band: C 986 yrs remaining on Lease
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
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FAQ
About 16, Sapphire House, Sovereign Place
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