2-bedroom flat · TN6 2XL
For saleListed 96 days
Opportunity summary
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About
*** NO ONWARD CHAIN **** A two bedroom purpose built first floor flat in a block located mid-way between the Town Centre and Railway Station.
The flat comprises two bedrooms, bathroom, lounge/diner, kitchen and balcony. There is also a garage located en bloc.
EPC = E 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.
COMMUNAL ENTRANCE HALL Stairs lead to FIRST FLOOR COMMUNAL LANDING Timber front entrance door to: ENTRANCE HALLWAY Cupboard housing hot and cold water tank. Engineered oak flooring. Consumer unit.
BATHROOM With panel bath, electric Triton shower over, low level w.c., pedestal wash hand basin, part tiled walls and tiled floors. Reeded window to the side. Towel rail. Extractor fan.
Wall mounted heater. KITCHEN A range of wall, base and drawer units with laminate worksurface over. Single stainless steel sink with mixer taps. Electric cooker with extractor fan over.
Space for fridge freezer, space and plumbing for washing machine. Ventilation Unit. Double glazed window with aspect to front. Engineered oak flooring. LIVING / DINING ROOM With electric heater.
Double glazed window to front. Sliding patio doors opening through to balcony. BALCONY, with wrought iron balustrading, BEDROOM With electric heater. Double glazed window.
BEDROOM Double glazed window to front. Electric heater. GARAGE Located in block.
Lease Information: We are advised by our Vendor that the Lease was 150 years from 1981 Lease Information: 150 years from 1981 Maintenance: £398.24 paid per quarterly Grount Rent: £27.19 per quarter 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 - Yes - ask agent for details 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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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
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FAQ
About Montargis Way, Crowborough, East Sussex, TN6
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