1-bedroom flat · TN4 8BT
For saleListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Conveniently located on the ground floor of this mansion apartment block, an extremely well presented and well maintained one bedroom apartment.
The property itself has a good sized principle lounge for entertaining with views over gardens to the front, a large bathroom and a good sized double bedroom with ample room for both bed and bedroom furniture.
A glance at the attached floorplan will give an indication as to the practicality of design.
Chancellor House itself is an extremely well regarded development set behind Mount Ephraim in central Tunbridge Wells in some 5 acres of communal gardens.
To this end it still offers ready access to the town and its facilities but enjoys a tremendous amount of privacy and calm afforded by proximity not only to the aforementioned communal gardens but also Tunbridge Wells Common.
We consider this safe and very pleasant apartment may suit a number of parties and to this end we encourage an early appointment to view.
Entrance Lobby - Kitchen - Lounge - Inner Hallway - Bathroom - Good Sized Bedroom - Beautiful Communal Gardens - Residents Parking On A First Come First Served Basis Access is via a solid door to: ENTRANCE LOBBY: Carpeted, door to a cupboard with good areas of fitted shelving.
Open to: KITCHEN: Fitted with a range of wall and base units with a complementary work surface. Space for a washing machine and fridge. Inset one and a half bowl sink with mixer tap over.
Integrated 'Bosch' electric oven and inset electric hob with extractor over. Tiled floor, part tiled walls, good general storage space.
Georgian style double glazed window to the front with fitted blind. LOUNGE: Of a good size and with ample room for lounge furniture and entertaining. Carpeted, feature radiator, various media points.
Georgian style double glazed windows to the front with a fitted roller blind.
INNER HALLWAY: Carpeted, door to a storage cupboard with areas of fitted shelving and housing electric metres etc, further door to a cupboard with excellent additional storage space currently used as an airing cupboard.
BATHROOM: Low level WC, pedestal wash hand basin, panelled bath with mixer tap over and single shower attachment. Carpeted, tiled walls, towel radiator.
Two sets of opaque double glazed windows to the front. BEDROOM: Of a good size and with ample room for a double bed and associated bedroom furniture. Carpeted, radiator.
Georgian style double glazed windows to the front with the fitted roller blind. OUTSIDE: There are 5 acres (TBV) of beautifully tended communal gardens.
The property also benefits from the use of residents parking on a first come, first served basis in the car park to the right hand of the property as one approaches the front.
SITUATION: Chancellor House is accessed via a private road to the side of the Travelodge Hotel on Mount Ephraim.
This private and quiet location conceals the fact, that via a short and scenic walk across the landmark Tunbridge Wells Common, the property is perfectly located to take advantage of central Tunbridge Wells, in particular the Royal Victoria Place Shopping Precinct, the famous Pantiles, and the Tunbridge Wells main line railway station.
Beyond this Tunbridge Wells has an excellent range of schools catering for a wide range of age groups and leisure facilities include a selection of golf, cricket and rugby clubs, a sports centre, two theatres and private health clubs.
TENURE: Leasehold with a share of the Freehold Lease - 999 years from 1 January 1989 Service Charge - currently £3848.83 per year - This includes maintenance of the gardens and grounds, maintenance of the lift, the apartments central heating and hot water costs and buildings insurance.
No Ground Rent We advise all interested purchasers to contact their legal advisor and seek confirmation of these figures prior to an exchange of contracts.
COUNCIL TAX BAND: D VIEWING: By appointment with Wood & Pilcher ADDITIONAL INFORMATION: Broadband Coverage search Ofcom checker Mobile Phone Coverage search Ofcom checker Flood Risk - Check flooding history of a property England - Services - Mains Water, Gas, Electricity & Drainage Heating - Gas Fired Central Heating ANTI MONEY LAUNDERING REQUIREMENTS: In accordance with HMRC current legal requirements, we are required to carry out AML (Anti Money Laundering) checks on all purchasers once any offer has been accepted.
A nonrefundable administration fee of £30 + VAT (£36) will apply for each prospective purchaser.
Satisfactory AML results and evidence of funds and/or a mortgage AIP are required before any offer can be formally accepted and memorandum of sale issued.
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.
Area
Agent & docs
FAQ
About Mount Ephraim, Tunbridge Wells
Explore nearby