1-bedroom flat · TN2 3RR
For saleListed 40 days
Opportunity summary
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About
Offering extensive, breathtaking views across Tunbridge Wells to the North Downs in the distance and being offered with no onward chain, a one bedroom apartment in this purpose built block with the real advantages of a residents lift, a private terrace, a garage en-bloc and use of extensive communal gardens.
As currently arranged, the property enjoys a generous double bedroom with areas of fitted bedroom furniture, a contemporary kitchen running off of the principal lounge, a further family bathroom with electric shower and a large lounge with views and private balcony.
A glance at the attached photographs will give an indication as to the potential of the property as well as its particular 'X Factor' - those incredible views across the St.
James' quarter of Tunbridge Wells!
Entrance Hallway - Lounge With Doors To Balcony & Views - Kitchen - Bedroom - Bathroom - Garage En-Bloc - Residents Parking On A First Come, First Served Basis - Communal Gardens Access is via a solid door to: ENTRANCE HALLWAY: Fitted carpet, radiator, fitted coat hooks, textured ceiling with areas of cornicing, wall mounted entry phone, wall mounted thermostatic control, door to a cupboard housing hot water cylinder.
Doors to: LOUNGE: Of a good size and with ample room for both lounge and dining furniture and entertaining. Fitted carpet, various media points, textured ceiling with cornicing, radiator.
Impressive views through a double glazed window, further private terrace with sliding double glazed doors and retaining brick and steel work again affording attractive views of Tunbridge Wells.
Open to: KITCHEN: Fitted with a range of wall and base units with a complementary work surface. Inset single bowl sink stainless steel sink with mixer tap over.
Space for washing machine, integrated 'Hotpoint' electric oven and inset four ring 'Hotpoint' electric hob with tiled splashback and extractor hood over.
Wall mounted Worcester boiler, tiled floor, textured ceiling, good general storage space. Double glazed window to the front with fitted blind.
BEDROOM: Of a good size and with room for a double bed and associated bedroom furniture. Fitted carpet, radiator, textured ceiling with cornicing.
Areas of fitted bedroom furniture to include both wardrobes and drawers and a further fitted cupboard with additional deep storage space.
BATHROOM: Panelled bath with mixer tap over and wall mounted electric 'Triton' shower with fitted shower rail, wall mounted wash hand basin with mixer tap over and storage below, low level WC.
Vinyl floor, mirror fronted medicine cabinet, radiator. Opaque double glazed window to the side with fitted blind.
OUTSIDE: The property enjoys the use of extensive, well maintained communal gardens surrounding the building and neighbouring properties.
Residents parking is generally available on a first come, first served basis but the property also enjoys a garage en bloc located off of St. James Park.
SITUATION: The apartment forms one of a small number of blocks in these large extensive communal gardens in the St. James' quarter of Tunbridge Wells.
Whilst a particularly peaceful location the property enjoys good pedestrian access to the town centre as well as both railway stations - situated at both High Brooms and the town centre.
Tunbridge Wells is highly regarded for its mix of social, retail and educational facilities including a number of sports and social clubs, two theatres, a range of primarily multiple retailers both at the North Farm Estate and Royal Victoria Place as well as a further host of independent retailers, restaurants and bars located between Mount Pleasant and the Pantiles.
TENURE: Leasehold Lease - 189 Years from 24th February 2006 Service Charge - currently £2001.08 per year Peppercorn Ground Rent We advise all interested purchasers to contact their legal advisor and seek confirmation of these figures prior to an exchange of contracts.
COUNCIL TAX BAND: C VIEWING: By appointment with Wood & Pilcher ADDITIONAL INFORMATION: Broadband Coverage search Ofcom checker Mobile Phone Coverage search Ofcom checker Flood Risk - Check flooding history of a property England - Services - Mains Water, Gas, Electricity & Drainage Heating - Gas Fired Central Heating ANTI MONEY LAUNDERING REQUIREMENTS: In accordance with HMRC current legal requirements, we are required to carry out AML (Anti Money Laundering) checks on all purchasers once any offer has been accepted.
A nonrefundable administration fee of £30 + VAT (£36) will apply for each prospective purchaser.
Satisfactory AML results and evidence of funds and/or a mortgage AIP are required before any offer can be formally accepted and memorandum of sale issued.
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.
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About Ferndale Close, Tunbridge Wells
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