2-bedroom flat · TN9 1GS
For saleListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN ...
2 bedroom retirement apartment, 2 bathrooms, balcony, resident parking, close to town centre A beautifully presented and spacious 2 bedroom apartment situated within the highly regarded McCarthy & Stone development, just a short, level walk from the high street and mainline station.
Designed exclusively for the over-60's, this welcoming community offers an on-site manager, residents' lounge, laundry room, guest suite and a communal patio garden.
The entire development is fully accessible by wheelchair.
The apartment features a generous entrance hall with a large storage cupboard, a bright lounge/dining room opening onto a private balcony, and a well-apportioned kitchen complete with cooker, hob and fridge.
There are 2 good size bedrooms, one benefiting from fitted wardrobes and an en-suite shower room, along with a separate bathroom offering both a bath and a standalone shower.
Residents parking is available.
COUNCIL TAX BAND E - £2,992.66pa (as of 01.04.2026) LEASEHOLD DETAILS Term remaining 106 years Annual Service Charge £4,848.28 (which includes communal facilities and maintenance) Annual Ground Rent TBC (As supplied by vendor) FURTHER INFORMATION ON THIS PROPERTY CAN BE FOUND VIA THE ATTACHED BROCHURE/PARTICULARS.
We are required by law to conduct anti-money laundering checks on all those buying a property.
The cost of these checks is £12 per person (incl VAT) which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required.
This fee will need to be paid by you in advance of us issuing a memorandum of sale, and is non-refundable.
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
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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 Medway Wharf Road, Tonbridge, Kent, TN9
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