1-bedroom flat · TN2 3GG
Listing removedReduced £55 (−4.8%) on 11 SepListed 56 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a popular development a short walk from High Brooms Main Line Station, this well presented One Bedroom Apartment also benefits from an allocated parking space.
ACCOMMODATION: Entrance Hallway with entry phone system leads to a spacious double aspect open plan Reception Room with juliette balconies to both sides.
The Kitchen area is fitted with a good range of wall and base level cupboards and integrated appliances. The Bathroom comprises a white suite including a shower over the bath.
Completing the accommodation is good size Double Bedroom. OUTSIDE: Allocated parking for one car.
SITUATION: The property is conveniently located close to High Brooms mainline railway station with its fast and frequent train services to London and the South Coast.
The main town centre of Royal Tunbridge Wells is approximately a mile and half distance and offers an excellent range of shopping facilities including the Royal Victoria Place Shopping Mall and the Calverley Road Precinct with more specialist shops, cafes, bistros and restaurants in the High Street and Pantiles areas of the town.
The area is well served with a variety of schools both state and independent for children of all ages and recreational amenities include Tunbridge Wells Sports and Indoor Tennis Centre on St Johns Road, excellent local parks, golf, rugby and cricket clubs whilst on the outskirts of the town your will find the Knights Park Retail Centre home to a multi-screen Cinema, Tenpin Bowling Complex, Private heath club as well as supermarkets and take away restaurants.
VIEWING: Strictly by prior appointment with Wood & Pilcher Letting & Management IMPORTANT AGENTS NOTE: The agents have not tested electrical/gas appliances, heating and water systems and therefore recommend any prospective tenants satisfy themselves as to the working order of such equipment or utilities.
We endeavour to ensure these particulars are accurate; however they do not constitute a contract and are for guidance only.
Prospective tenants should satisfy themselves in respect of any furnishings provided.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Addison Road, TUNBRIDGE WELLS
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