2-bedroom house · TN1 2DA
Listing removedListed 136 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Alternative 'no deposit' option available. Mercer Street is a well-presented three-bedroom period home arranged over four floors, offering 1,148 sq. Ft. Of flexible accommodation.
The property features a kitchen/diner, separate sitting/dining room, two double bedrooms, a versatile loft room, utility room, family bathroom and a rear garden with shed.
Mercer Street is a popular central residential road within easy reach of Royal Victoria Place Shopping Centre, Calverley Road precinct and the wide range of shops, cafés and restaurants found between Mount Pleasant and The Pantiles.
Tunbridge Wells mainline railway station is also conveniently located nearby, making the property well placed for commuters and those wishing to enjoy the town centre amenities.
The accommodation begins on the lower ground floor with a kitchen/diner fitted with a range of units, worktops and new appliances including an oven, induction hob, dishwasher, fridge and freezer.
Also on this level is a useful utility room with oak worktop, Belfast sink, washer dryer and tumble dryer, together with a bathroom fitted with both a bath and separate walk-in shower.
The ground floor provides a sitting/dining room with good natural light and space for both living and dining furniture. On the first floor are two double bedrooms.
A particular feature of the property is the second-floor loft room, providing a versatile space with remote-controlled blinds.
Outside, the rear garden offers an area for outdoor enjoyment and includes a useful garden shed.
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
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FAQ
About 2, Mercer Street, Kent
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