2-bedroom flat · TN2 5NX
For saleReduced £15k (−3.6%) on 20 JulListed 195 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £425,000 – £450,000.
Freeman Forman are delighted to present this spacious two double bedroom lower ground floor apartment, located on the highly regarded tree lined Broadwater Down, with its own private garden and residents parking.
The property forms part of a handsome mansion building, with large sweeping gravel driveway. This fabulous apartment is available with no onward chain and a viewing comes highly recommended.
Accommodation: The accommodation includes an inviting entrance hall, which leads onto the main reception room, with French doors that then lead into the private rear garden.
There are two large double bedrooms and a contemporary bathroom which is fitted with a white suite.
The rest of the accommodation includes a fitted kitchen with breakfast area and a large room which has previously been used as a dining room. The apartment has a gas fired central heating system.
Outside: The private rear garden is of a generous size and offers the perfect space to entertain family and friends during the warmer summer months. There is a large driveway for residents parking.
Location: Dating back to the 1860s, Broadwater Down is an historic and sought-after wide, tree-lined residential road, much of which lies within a conservation area.
The town centre is easily accessible and offers an extensive range of shops, restaurants, bars and two theatres.
The historic Pantiles are about 0.7 miles away and the Woodland Trust's Hargate Forest, with its network of walking trails, can be accessed from directly opposite the property's driveway.
Mainline rail: Tunbridge Wells (about 1 mile) with regular services to London Charing Cross (via London Bridge and Waterloo East) and Cannon Street from 47 minutes.
The A21 is accessible just north of Tunbridge Wells, linking to the M25 and thereby the national motorway network, Gatwick and Heathrow airports and the Channel Tunnel terminus.
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 Flat B, 42, Broadwater Down, Kent
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