2-bedroom flat · TN2 3YN
For saleListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freeman Forman are delighted to present this two double bedroom first floor apartment, located on the sought after Knights Wood Development, with allocated off road parking.
This superb apartment offers immaculately presented accommodation throughout and is available with no onward chain. Viewing advised.
Accommodation: There is a communal entrance hall with security entry phone system, along with stairs that lead up to the first floor.
A private entrance brings you into the entrance hall with storage cupboards, leading onto the spacious open plan kitchen/reception room, offering plenty of natural light and a range of integrated appliances.
There are two generous double bedrooms and a stylish bathroom which has been fitted with a white suite. The apartment has electric heating and double glazing throughout the apartment.
Outside: There is an allocated parking space. Location: Located on the highly sought after Knights Wood development, which benefits from its own Primary School and convenience store.
Tunbridge Wells town centre and its extensive range of shopping, recreational and entertainment facilities is within close proximity.
The famous 'Pantiles' with its range of bars, shops and weekly live Jazz music nights, is also just a short distance away, together with being within walking distance of an extensive Retail Park and Cinema.
The Town is also well known for a number of highly regarded state and independent schools in the area, including grammar schools for both girls and boys.
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
FAQ
About Grove Place, Tunbridge Wells, Kent, TN2
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