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See how verdicts work2-bedroom flat · TN5 7PY
Sold STCListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern first floor retirement flat sits in a lovely location near the popular village of Ticehurst and Bewl Water. The master bedroom and second single bedroom both have fitted wardrobes.
There is a living room with feature fireplace, and a modern bathroom with freestanding bath. The modern kitchen is well equipped with double oven, dishwasher, washing machine, and fridge freezer.
Downash Court benefits from a residents lounge, communal laundry and kitchen.
The Development Manager visits the complex twice a week, and there is the option to have a 24 hour emergency call system so residents can easily get assistance if required.
It is a condition of purchase that residents need to be over the age of 55. Communal garden. Residents and visitor parking. Double glazing throughtout, modern electric heating, EPC band C.
Council tax band C. Good storage with three landing cupboards and access to loft. Tenure: Leasehold. Pets are allowed. No Chain. Viewing highly recommended.
Living Room - 13' 1'' x 11' 6'' (4m x 3.5m) - The living room has a feature fireplace and a double glazed window with views over the communal garden.
There is a ceiling fan, TV point, phone point and a modern electric storage heater. . - ..
- Modern Kitchen - 10' 6'' x 7' 11'' (3.2m x 2.42m) - The modern kitchen has light grey gloss units and Apollo worktops. There is a double glazed window with garden view.
The integrated appliances include a dishwasher, washing machine, double oven and fridge freezer. There is a four ring electric hob and a one and a half bowl sink with mixer tap.
Master Bedroom - 10' 10'' x 7' 10'' (3.3m x 2.4m) - The master bedroom has two fitted wardrobes. There is a ceiling fan, a double glazed window that overlooks the garden, and a modern storage heater.
Modern Bathroom - The modern bathroom has a freestanding bath with floor-standing tap. There is a low-level WC, wall mounted basin with storage underneath and mixer tap.
The room has a stainless steel heated towel rail, a fitted mirror and a wall mounted storage cabinet.
Bedroom 2 - 11' 6'' x 7' 1'' (3.51m x 2.16m) - The second single bedroom has a double glazed window that overlooks the communal garden.
There are two fitted wardrobe cupboards, a ceiling fan and a modern storage heater. ... - ....
- Storage & Loft - The flat has a surprising amount of storage with fitted cupboards in both bedrooms, three storage cupboards on the landing, and access to the loft.
The loft is partly boarded, there is a light and a loft ladder. Location - Local shopping is available in the neighbouring village of Ticehurst, 1.4 miles away.
Nearby there are bus routes to Tunbridge Wells, Wadhurst and Hawkhurst. The mainline stations at Stonegate and Wadhurst are 4.5 and 6.5 miles away respectively.
Lovely country walks are close by at Bewl Water. Epc & Council Tax - Energy Performance Certificate band C. Rother council tax band C, £2265.13 for 2025-26.
Lease, Service Charge & Ground Rent - The property is being sold with a new 99 year lease on completion. The current service charge is £218 per month or £2616 pa, including water.
There is no ground rent. Parking - There is parking on a first come first served basis, and visitor parking.
Additional Notes - It is a condition of purchase that residents need to be over the age of 55. The purchase price represents 70% of the open market value, as per the terms of the original development.
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.
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About 2 Bedroom Retirement Flat, Rosemary Lane, Flimwell
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