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See how verdicts work2-bedroom flat · TN4 8QY
For saleReduced £10k (−6.3%) on 18 SepListed 492 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Vacant with no forward chain - The Homes Group are delighted to present to the market this newly refurbished purpose-built two bedroom retirement flat.
Set in the popular residential area of Rusthall with its local shops and amenities, and road links via the nearby A264 to Tunbridge Wells or East Grinstead, whereas the nearby Tunbridge Wells town centre provide a comprehensive selection of shops and services.
This property would make the ideal home for someone looking to downsize in retirement.
Benefits include: Two double bedrooms with built in wardrobe to the master bedroom, a good-sized living room, newly fitted kitchen, newly fitted shower room with a white suite, double glazing and electric heating.
Externally the property benefits from communal gardens, launderette, on-site warden and parking (subject to a charge of £100 p/a).
Tenure Leasehold - Lease Term: 99 years from 18 Jan 1988 (circa 61 years left), Ground Rent: £225 p/a, Service Charge: We have been advised by the seller that the current service charge is £1,927.96 per annum for the year 2025 - 2026.
All information is to be verified by your solicitor.
Communal Entrance Hallway Living Room (4.65m x 4.11m (15'3 x 13'6)) Kitchen (2.97m x 1.88m (9'9 x 6'2)) Bedroom One (4.72m x 2.90m (15'6 x 9'6)) Bedroom Two (2.95m x 2.87m (9'8 x 9'5)) Bathroom (2.90m x 1.88m (9'6 x 6'2)) Tenure: Leasehold Council Tax: Band B
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
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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
Agent & docs
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FAQ
About 23 St Pauls Court, St. Pauls Street, Tunbridge Wells
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