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See how verdicts work1-bedroom house · TN12 6YB
No longer listedListed 200 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain - Ideal first time buyer or investment property.
Well presented one bedroom ground floor apartment, within a short walk of Paddock Wood mainline station, Waitrose and local shopping facilities.
The lovely apartment offers - entry phone to the front, communal entrance hall, double bedroom with recess space for wardrobe, contemporary bathroom, reception room and well fitted kitchen to include oven, hob, fridge freezer, washing machine and dishwasher.
One allocated parking space to the communal car park. Lovely outlook over quiet communal garden with washing line area.
Location Located within a short walk to mainline station and shopping facilities within Paddock Wood to include, Waitrose supermarket, Barsleys department store, butchers, bakers, newsagents/Jempsons, chemist and diy store.
Woodlands Health Centre. Paddock Wood primary school and Mascalls Academy.
The larger towns of Tunbridge Wells and Tonbridge are approximately 7 and 6 miles distant respectively offering a wider variety of shopping facilities.
Mainline station offers a service to London Bridge (Cannon Street), Waterloo East and Charing Cross. In the opposite direction, Ashford International and Dover Priory.
Regular bus service to neighbouring towns and villages. Easy access to A21 which adjoins M25 orbital motorway. Front Footpath leading to front door, entry phone system. Communal entrance hall.
Main front leading to front door of the apartment. Entrance Hall Laminate floor, cupboard housing Elsan hot water tank, doors leading to respective rooms, entryphone system.
Bedroom (12' 2'' x 8' 11'' (3.71m x 2.72m)) Double glazed window to the front, wall-mounted electric heater, carpet as fitted, recess space for wardrobe.
Bathroom (6' 4'' x 6' 10'' (1.93m x 2.08m)) White suite comprising curved shower bath with electric shower over and glass shower panel, close coupled low level w.c., wash basin set into double cupboard.
Localised neutral tiling to walls, mirror above sink, wall-mounted heater and extractor fan, tiled floor.
Sitting Room (15' 2'' x 10' 1'' (4.62m x 3.07m)) Double glazed window overlooking communal garden, carpet as fitted, T.V. Point, wall-mounted electric heater, door to kitchen.
Kitchen (6' 2'' x 11' 1'' (1.88m x 3.38m)) Range of base and wall mounted units with contrasting worktops, inset one-and-a-half bowl acrylic style sink, washing machine, dishwasher, electric double oven and hob with extractor over, fridge/freezer, double glazed window, localised neutral tiling, tiled floor, wall-mounted heater.
Outside Communal garden to the rear with washing line area, allocated parking space to the communal car park. Car Parking Allocated parking space. Specification Electric wall mounted heaters.
Double glazed windows. Lease details 125 year lease as at at 22nd February 1993 - 92 years remaining.
Ground rent: £75.00 Annual Service charge: £1,800 (approx) Please note the property is currently tenanted - section 21 notice served.
Lease Annual Service Charge is approx £1,800.00 Annual Ground Rent £75.00 12 year lease as at 22nd February 1993 - 92 years remaining Any increase on the above is to be confirmed.
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
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FAQ
About 53, The Ridings, Paddock Wood
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