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See how verdicts workStudio flat · TN2 3HF
Sold STCListed 190 days
Opportunity summary
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About
Located in a popular residential area of Tunbridge Wells, this well-presented first-floor studio apartment at Oakwood Rise offers a bright and comfortable living space, ideal for first-time buyers or investors alike.
Accessed via well-maintained communal areas, the apartment is situated on the first floor.
Upon entering, you are greeted by a welcoming hallway, with a modern shower room positioned to the left, complete with a stylish suite and the added benefit of a useful storage cupboard.
The hallway leads through to the main studio room, a bright and airy space filled with natural light and enjoying pleasant views over the communal gardens.
The room offers ample space for both living and sleeping arrangements and has been enhanced by recently upgraded storage heaters for improved comfort and efficiency.
Just off the main living area is the contemporary kitchen, which has been recently renovated and is well-equipped with appliances.
The kitchen also benefits from attractive views over the communal gardens, creating a light and enjoyable space to cook.
Externally, the property is set within well-maintained communal grounds, providing a peaceful setting for residents.
The apartment further benefits from an allocated parking space located at the rear of the building.
This is a fantastic opportunity to acquire a low-maintenance home in a convenient and desirable location.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
TUN260035/2 Description Located in a popular residential area of Tunbridge Wells, this well-presented first-floor studio apartment at Oakwood Rise offers a bright and comfortable living space, ideal for first-time buyers or investors alike.
Accessed via well-maintained communal areas, the apartment is situated on the first floor.
Upon entering, you are greeted by a welcoming hallway, with a modern shower room positioned to the left, complete with a stylish suite and the added benefit of a useful storage cupboard.
The hallway leads through to the main studio room, a bright and airy space filled with natural light and enjoying pleasant views over the communal gardens.
The room offers ample space for both living and sleeping arrangements and has been enhanced by recently upgraded storage heaters for improved comfort and efficiency.
Just off the main living area is the contemporary kitchen, which has been recently renovated and is well-equipped with appliances.
The kitchen also benefits from (truncated) Location Oakwood Rise is a peaceful and well-connected residential area in the popular town of Royal Tunbridge Wells.
Surrounded by greenery and close to Grosvenor and Hilbert Park, it offers a perfect balance of suburban calm and easy access to amenities, making it ideal for commuters.
The town centre is just over a mile away, with a wide range of shops, restaurants, and cultural attractions, including the historic Pantiles.
Highly regarded schools such as Skinners' Kent Academy and St James’ Primary are nearby, along with nurseries and parks.
High Brooms station is within walking distance, offering regular trains to London in under an hour, while the A21 provides excellent road links to the M25 and beyond.
With local shops, schools, green spaces, and strong transport links all close at hand, Oakwood Rise is a fantastic place to call home.
Communal Entrance Entrance Hall Sitting/ Bedroom 4.47m x 3.07m Kitchen 2.84m x 2.16m Shower Room 1.9m x 1.73m Communal Gardens Allocated Parking Share of Freehold Term of 999 years from the 20th of June 1984 with approx 957 years remaining Service Charge: £480 per annum Ground Rent: £0 per annum.
Lease, ground rent and maintenance details have been provided by the seller, but their accuracy cannot be guaranteed, as we may not have seen a copy of the original lease.
Should you proceed with the purchase of this property lease details must be verified by your solicitor.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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.
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About Oakwood Rise, Tunbridge Wells, Kent, TN2
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