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See how verdicts work3-bedroom flat · TN2 5GQ
Listing removedReduced £45k (−5.7%) on 9 FebListed 409 days
Opportunity summary
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About
An immaculate two/three bedroom ground floor apartment in this convenient position in central Tunbridge Wells with a private garden and allocated parking.
Description Redcliffe Place is an immaculately presented ground floor apartment within this highly regarded and well maintained gated development.
The generous layout, which exceeds 1,400 sq ft, benefits from good ceiling heights, ample natural light, private outside space, modern kitchen, and very good storage all contributing to a feeling of light and space.
Upon entering the apartment, the versatile reception hall/dining room leads to the well equipped kitchen.
The kitchen/breakfast room is fitted with integrated appliances, including an electric oven and hob, microwave oven, dishwasher, and fridge/freezer.
A separate utility room houses a washing machine and tumble dryer, along with additional useful storage.
Of particular note is the impressive formal sitting room, which has direct access to the private garden and features an attractive fireplace.
This very welcoming room is ideal for day-to-day living and entertaining.
The principal suite enjoys rear-facing views, with ample space for furniture, and opens onto a dressing room and a well-appointed en suite bath and shower.
The second double bedroom, with a bank of fitted wardrobes, is of good size.
A third double bedroom offers flexibility of use, making it ideal for overflow accommodation for visitors or as a home office/study.
A further shower room and a separate cloakroom complete the accommodation. Outside - The garden has a large paved patio with a small area of lawn with a well-stocked flower border.
A gate leads on to the communal gardens which are laid to lawn with mature trees around the boundary, creating a lovely leafy backdrop in the summer months.
There is an allocated parking space with the property, together with visitors’ spaces for guests. Location Redcliffe Place is located on the popular south side of Tunbridge Wells.
The town centre is easily accessible, being approximately 1.3 miles and offering an extensive range of shops, department stores, restaurants, bars and coffee houses, together with two theatres, one of which also shows films.
The historic and picturesque Pantiles Georgian shopping colonnade and the old High Street area is a walk of just over a mile, and the Royal Victoria Place shopping mall is reached in approximately 1.6 miles.
Knights Park out of town retail park is approximately four miles and offers a multi-screen cinema complex, bowling alley, health/fitness club and further large outlet stores.
Local amenities include a "One-Stop" local store, with Post Office and Fullers Butchers in Hawkenbury and TN2 Food and Wine is a popular family-run grocery store on the Frant Road.
There are several parks and open green spaces in the vicinity, including Dunorlan Park and the town’s Common, with its extensive acreage of woodland and open spaces, loved by children and dog walkers for generations, as well as Hargate Woods which are accessible off Broadwater Down.
The Nevill Golf Club and Nevill Ground (tennis and cricket) are nearby in Warwick Park.
The surrounding countryside is designated as an Area of Outstanding Natural Beauty and boasts several places of historic interest and attractive walks, including the famous Ashdown Forest, sailing and fishing at Bewl Water near Wadhurst and cycling trails at Bedgebury Forest.
Mainline rail: Tunbridge Wells (approximately 1.2 miles) has services to London Charing Cross (via London Bridge and Waterloo East) and Cannon Street with journey times of under an hour.
Communications: The A21 is accessible just north of Tunbridge Wells, which links to the London M25 orbital and thereby the national motorway network, Gatwick and Heathrow airports.
Square Footage: 1,478 sq ft Leasehold with approximately 993 years remaining. Additional Info Local Authority: Tunbridge Wells Borough Council Services: Mains water, electricity and drainage.
Electric Storage heater No ground rent Please note: Redcliffe Place is not permitted to be permanently occupied by any person or persons under the age of 18 years.
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.
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FAQ
About 16, Redcliffe Place, Kent
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