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See how verdicts work1-bedroom house · TN6 1JF
Sold STCListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented first floor retirement flat for the over 60s, ideally situated within convenient reach of the town centre and local amenities.
The accommodation comprises one bedroom, lounge, kitchen and shower room, and benefits from access to a residents’ communal lounge and communal gardens.
EPC:C SITUATION: Crowborough is a small East Sussex town with a population of approximately 22,000 situated on the edge of the Ashdown Forest with 6,500 acres of open heathland providing recreational facilities.
Crowborough has a main line station with a regular service to London Bridge, the journey taking about 1 hour.
There are a good range of shops and choice of supermarkets and a leisure centre with swimming pool and squash courts.
Royal Tunbridge Wells is approximately 7 miles distant with regular train services to London Charing Cross and Canon Street in less than an hour.
There is a good choice of state and independent schools in the area. The South Coast at Brighton and Eastbourne is about 25 miles distant and Gatwick approximately 22 miles distant.
There are numerous Golf Courses in the area. MARTLETS COURT is a retirement property for over 60s conveniently located for the town centre and amenities.
There is an on-site warden and 24 hour emergency pull cord system. There is ample parking for residents and visitors and the flats are surrounded by well maintained communal gardens.
If you wish to join in there are lots of planned social events and a communal lounge for occupants to enjoy. There is also a communal laundry room and a guest room available to rent for visitors.
The property is approached via a communal door with key fob entry.
Stairs lead to first floor (please note that there is a stair lift also in-situ) ENTRANCE DOOR: Leads to HALLWAY: Walk-in cupboard housing the fuse box and benefiting from wall-mounted shelving.
Access to roof void. Storage heater. KITCHEN: Fitted with a range of base and wall-mounted units incorporating both drawers and cupboards. Laminate flooring.
Stainless steel sink with drainer and window above. Space for fridge/freezer and cooker with extractor fan over. Wall-mounted fold-out table.
LOUNGE: Double glazed window to the rear overlooking the communal gardens. Storage heater. MASTER BEDROOM: Double glazed window to the rear overlooking communal gardens. Electric radiator.
BATHROOM: Tiled flooring. Walk-in shower cubicle with Mira shower. Pedestal wash hand basin with mixer tap and wall-mounted mirrored cabinet above. Low-level WC. Chrome ladder-style heated towel rail.
Wall-mounted fan heater. Storage cupboard housing the hot water tank. OUTSIDE: Ample parking spaces to the front of the property with additional parking areas to the rear.
The property is surrounded by well-maintained communal gardens, providing a pleasant and attractive setting.
Length of Lease: 40 years Maintenance Charge: £230 per month Ground Rent: £29.17 per month MATERIAL INFORMATION: Property construction - Brick and block Broadband Coverage - this can be found on Ofcom checker Mobile Phone Coverage - this can be found on Ofcom checker Flood Risk - this can be found on Gov.uk - check-long-term-flood-risk Restrictive Covenants - Yes - ask agent for details Rights and Easements - No Services - Mains Water, Electricity, mains drainage Heating - Electric Building Safety- no known concerns Coastal Erosion Risk- no known concerns Planning Permission - no known concerns Accessibility / Adaptations - no known concerns Coalfield / Mining Area - no known concerns
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 Montargis Way, Crowborough, East Sussex, TN6
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