64a The Pantiles, Tunbridge Wells, Kent, TN2
TA

64a The Pantiles, Tunbridge Wells, Kent, TN2

By Targetfollow Estates Limited

£ 400,000

Reviews

2 out of 5 stars

Targetfollow Estates Limited says ..

Investment Opportunity - Tenants in situA stunning and well-proportioned 4 bedroom apartment located in the heart of the beautiful and historic Pantiles in Tunbridge Wells. Currently tenanted: £19,500pa in year 1 and £21,000pa in year 2.

Property Oracle says ..

This 4-bedroom apartment located at 64a The Pantiles, Tunbridge Wells, presents an interesting investment opportunity. Situated in a prime location within the prestigious Pantiles area, it benefits from excellent proximity to local amenities, transport links (Tunbridge Wells station is less than a kilometer away), and several schools. The property is currently tenanted, generating rental income, making it appealing for investors. The provided images reveal a mixed state of repair. The kitchen seems recently refurbished, showcasing modern fittings. However, the bedrooms shown display some signs of wear and tear, such as stained carpets and minor wall imperfections. While not requiring extensive renovations, a refresh of the bedrooms to modernize the property would likely enhance its overall appeal and rental potential. The absence of any information regarding plot size or private outdoor space indicates that it's likely a flat within a larger building, which is standard for properties in this historic location. The lack of information on whether the apartment includes allocated parking or access to communal facilities could be a factor to consider. Considering the attractive location in the highly sought-after Pantiles area and the existing rental income, the list price of £400,000 seems competitively priced, making it worthy of consideration for buy-to-let investors. However, potential buyers should factor in the cost of any necessary cosmetic improvements to maximize the rental value. A comprehensive survey would be essential before finalizing a purchase. Therefore, we give this property 5 / 10. *Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.*

Price
7
Condition
6
Location
9
Land
1
Bedrooms
4
Bathrooms
1
Sqft (est)
720.00

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Targetfollow Estates Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
The Mead SchoolOther Independent School0.36 KM
The Ark Children'S CentreChildren's Centre0.90 KM
Broadwater Down Primary SchoolCommunity SchoolGood0.91 KM
The Wells Free SchoolFree SchoolsGood1.15 KM
Claremont Primary SchoolCommunity SchoolOutstanding1.39 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Swan Passage £ 350,00000.05 KM
Maple Close £ 950,00000.50 KM
Vale Road £ 650,00000.64 KM
Eridge Road £ 287,50000.71 KM
Crescent Road £ 516,25000.96 KM

Nearby Transport

NameNLCTLCDistance
Tunbridge Wells5230TBW0.72 KM
High Brooms5235HIB3.38 KM
Frant5218FRT4.77 KM
Tonbridge5229TON7.41 KM
Eridge5459ERI7.47 KM

Nearby Listings

AddressPriceScoreDistance
64a The Pantiles, Tunbridge Wells, Kent, TN2 £ 400,0005 / 100.00 KM
The Pantiles, Tunbridge Wells £ 325,000Unknown0.05 KM
The Rear, Pantiles, Tunbridge Wells, Kent, TN2 £ 350,000Unknown0.05 KM
The Pantiles, Tunbridge Wells, Kent, TN2 £ 840,000Unknown0.08 KM
35, The Potteries, Tunbridge Wells, TN2 £ 375,000Unknown0.12 KM

Nearby Properties

AddressPriceDistance
38 The Pantiles £ 770,0000.00 KM
68a The Pantiles £ 415,0000.00 KM
40 The Pantiles £ 90,0000.00 KM
46a The Pantiles £ 245,0000.02 KM
46b The Pantiles £ 285,0000.02 KM