1-bedroom house · TN6 1JF
Listing removedListed 121 days
Opportunity summary
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About
A Purpose Built Warden Assisted First Floor Retirement Flat for 60 years+ Residents with One Bedroom, Living Room, Kitchen and Shower Room.
Advantages include Communal Lounge, Communal Laundry Facilities and an On-Site Warden.
EPC: C 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 is 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 Cannon 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. MARTLETS COURT is a retirement property for over 60s conveniently located for the town centre and amenities.
There is an on-site warden and 24 hour emergency pull cord system. There is ample parking for residents and visitors and the flats are surrounded by well-maintained communal gardens.
If you wish to join in there are lots of planned social events and a communal lounge for occupants to enjoy. There is also a communal laundry room and a guest room available to rent for visitors.
The property is approached via a communal door with key fob entry into communal hallway.
Stairs lead to first floor (please note that there is a stair lift also in-situ) ENTRANCE DOOR: to ENTRANCE HALL: recessed area for storage, fuse box, walk in storage cupboard housing hot water tank.
Access to roof void, FULLY TILED SHOWER ROOM: Walk in shower cubicle with Mira shower unit, low level wc, vanity unit with sink and mixer tap, radiator, light, extractor fan MASTER BEDROOM : double wardrobe with hanging and shelving space, double glazed window to front, radiator LIVING ROOM: Double glazed window to front, radiator, opening to: KITCHEN: Area of work surface with a range of base units comprising both cupboards and drawers.
Wall mounted storage cupboard with shelving, four ring electric hob with oven beneath, stainless steel sink with mixer tap and drainer, extractor fan with light and variable speed settings, double glazed window.
OUTSIDE: To the front of the property are ample parking spaces and further parking areas to the rear. Communal gardens surround the property which provide a very pleasant setting.
Length of Lease: TBC Maintenance Charge: £200 pcm Ground Rent: £29.17 per month
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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