1-bedroom flat · TN1 1EY
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Beautifully presented top floor apartment. One of 4 apartments in a handsome detached Grade II listed house in a convenient location to the town.
Presented in excellent order having been refurbished and newly decorated throughout with new carpets. External steps with wrought iron railings lead to a handsome front door and communal hall.
Staircase to first floor. Front door to internal staircase leading to the second floor.
Beautifully light and recently decorated kitchen/reception room with overhauled sash windows to the front, fireplace surround fitted with electric fire, TV point and coved ceiling.
New fitted kitchen with worktops along one wall with upstand, incorporating a stainless steel sink and drainer, induction hob with electric oven beneath, soft closing cupboards cutlery and saucepan drawers, integrated larder fridge.
Double bedroom features multipaned sash window with far reaching view, period fireplace with cast iron inset.
Staircase down to a half landing area and door to a separate utility room with fitted worktop, stainless steel sink and drainer, fitted washing machine and space for larder freezer, sash window to the side useful triple sized storage/wardrobe cupboard.
Bathroom comprising of recently fitted panelled bath with shower attachment with folding screen, low level WC, wall mounted washbasin with drawers beneath, gas fired combination boiler providing central heating and domestic hot water, fitted medicine cabinet, window to side and rear.
Outside Communal garden laid to lawn with mature shrubs including flowering Camellia, bin store and side access to the front. The property is share of freehold with a 999 year lease.
Service charge £88 per calendar month. Viewing Strictly by appointment only through sole agents Sumner Pridham
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
FAQ
About Hanover Road, Tunbridge Wells
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