2-bedroom flat
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property is located on a popular residential road offering good access to both the town centre and nearby Grosvenor & Hilbert Park.
Tunbridge Wells itself has an excellent mix of social, retail and educational facilities including a number of sports and social clubs and two theatres, a range of primarily independent retailers, restaurants and bars located between the Pantiles and Mount Pleasant and also Camden Road with a further range of multiple retailers at the Royal Victoria Place shopping precinct and nearby North Farm Retail Park.
The town has a good number of well regarded schools at primary, secondary, independent and grammar levels and two main line railway stations offering fast and frequent services to London termini.
This Ground Floor purpose built flat is located in a private gated development with residents parking.
The light and bright accommodation comprises: - Entrance hall, with cupboard, lounge/diner with a balcony which enjoys views over Grosvenor Park and Lake, opening into kitchen area, two double bedrooms with master bedroom ensuite shower room and a separate family bathroom.
Externally the property has residents parking on a 1st come 1st served basis.
New boiler installed in 2025 • council tax band D • EPC rating B • remaining lease 108 • service charge currently £4995.80 p.a. • ground rent £250 p.a.
• 678 square feet “Owner has stated that service charges have been raised for the 2026/2027 financial year to cover works needed to the building, but are not expected to stay at this increased level.
For the financial year 2025/2026 service charge was £2,802.18. Service charge also includes water rates for the property.”
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
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FAQ
About Lake Court, Tunbridge Wells
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