1-bedroom flat · TN1 1LY
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Doorknobs are pleased to welcome to the market this one bedroom apartment, situated in the heart of Tunbridge Wells close to the Mainline Station and Town Centre.
Location The property is set within the heart of Tunbridge Wells, offering many local amenities within a short walk away.
Tunbridge Wells offers many shopping and entertainment facilities such as the Theatre, Royal Victoria Shopping Centre, The Old Hight Street and just a short walk from The Pantiles.
The property is just a 5 minute walk to the Mainline Station offering direct services to London.
Description On entrance to the property you come through to the hallway with doors leading to all rooms. Small storage cupboard.
There is an open plan kitchen/ living room which is a good size with outlooks onto the front. A large bay window offers plenty of light which streams through. Neutrally decorated and neutral carpet.
The kitchen has been fitted with cream fronted units with a black granite effect worktop. Appliances include an oven, hob, fridge/freezer and washing machine.
The bedroom is a small double bedroom with a window overlooking the rear. The bathroom has been fitted with a white suite comprising of a bath with a shower over, hand basin and w.c.
Door leading to a flat roof which currently the occupier uses to dry clothes. Lease Information The property is Leasehold with a 120 year lease that started in 1989, leaving 83 years remaining.
The ground rent is currently at £20 per annum with no annual service charge. The current arrangement is maintenance and insurance etc is paid when needed.
The last insurance payment was around £450 for the year.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 1, 10, Monson Colonnade, Tunbridge Wells
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