We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · TN2 3GG
Sold STCListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***GUIDE PRICE £200,000-£225,000*** Situated on the third floor of a well-maintained building, this bright and well-proportioned two-bedroom apartment offers comfortable living in a sought-after location in Royal Tunbridge Wells.
The property features a spacious lounge/diner measuring over 16ft, providing an ideal space for both relaxing and entertaining, with the kitchen positioned just off this room.
The kitchen offers a practical layout with ample storage and worktop space.
There are two well-sized bedrooms, with the principal bedroom benefitting from generous proportions and plenty of natural light.
The second bedroom is a good-sized room, ideal as a guest bedroom, home office, or for family use. The bathroom is fitted with a bath with shower over, along with a separate sink and WC.
Further benefits include an allocated parking space, adding convenience for residents and visitors alike.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
TUN250487/2 Description ***GUIDE PRICE £200,000-£225,000*** Situated on the third floor of a well-maintained building, this bright and well-proportioned two-bedroom apartment offers comfortable living in a sought-after location in Royal Tunbridge Wells.
The property features a spacious lounge/diner measuring over 16ft, providing an ideal space for both relaxing and entertaining, with the kitchen positioned just off this room.
The kitchen offers a practical layout with ample storage and worktop space.
There are two well-sized bedrooms, with the principal bedroom benefitting from generous proportions and plenty of natural light.
The second bedroom is a good-sized room, ideal as a guest bedroom, home office, or for family use. The bathroom is fitted with a bath with shower over, along with a separate sink and WC.
Further benefits include an allocated parking space, adding convenience for residents and visitors alike.
Location The property is perfectly situated for the High Brooms Mainline Railway Station, The Hilbert and Grosvenor Park, The North Farm Retail Park and local Shopping Parade.
Tunbridge Wells Town Centre is also within easy reach. The Town Centre has many major national stores, a wide variety of individual shops and numerous restaurants.
There are highly regarded schools including separate grammar schools for girls and boys, recreational amenities including a sports and leisure centre, cinema complex, theatre, two golf courses, and two mainline stations with services to London Charing Cross & Cannon Street in approximately 50 minutes.
The major road network of the A21 leading into the M25 is again easily accessible to the north of Tunbridge Wells for other national motorways and Heathrow and Gatwick airports.
Communal Entrance Entrance Hallway Living/ Dining Room 5.08m x 3.8m Kitchen 3.15m x 2.46m Bedroom 1 3.86m x 3.15m Bedroom 2 3.15m x 3.07m Bathroom 2.26m x 1.88m Allocated Parking Leasehold Term of 155 years from the 1st of December 2005 with approx 134 years remaining.
Service Charge: £1,952.00 per annum. Ground Rent: £270.00 per annum.
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease.
Should you proceed with the purchase of this property lease details must be verified by your solicitor.
Value & comps
No previous sales on record.
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 asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Area
Agent & docs

FAQ
About Addison Road, Tunbridge Wells, Kent, TN2
Explore nearby