Bracketts Chartered Surveyors says ..

Property Oracle says ..

This property, situated on Mount Ephraim in Tunbridge Wells, presents a unique opportunity. Currently operating as office space, it benefits from planning permission for conversion back to a residential dwelling. The location is undoubtedly a strong selling point, with its proximity to excellent schools like Tunbridge Wells Girls' Grammar School and The Wells Free School, alongside the convenience of Tunbridge Wells train station for commuting. The surrounding area displays impressive properties, indicating a high-value neighbourhood. The interior is presented in good condition within the confines of the provided images. The renovation process to convert it back to a residential property would be a crucial factor in determining the final value. The lack of detailed information regarding plot size and exact square footage makes a full assessment challenging. The images show what seems like a relatively modest building, suggesting that while the location elevates the price point, the final valuation would strongly depend upon the success of a residential conversion project. The current asking price of £700,000 requires a careful consideration of the conversion costs involved before a definitive conclusion on its value for money can be reached. Potential buyers should budget for potential renovation expenses and obtain a professional survey before making an offer. A detailed survey of the structure will be critical in determining the value for money. Therefore, we give this property 6 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

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