FREEHOLD INVESTMENT OPPORTUNITY - High Street, Tonbridge, TN9 1DR - (19 Apartments)
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FREEHOLD INVESTMENT OPPORTUNITY - High Street, Tonbridge, TN9 1DR - (19 Apartments)

By Bracketts Chartered Surveyors

£ 6,950,000

Reviews

2 out of 5 stars

Bracketts Chartered Surveyors says ..

FREEHOLD RESIDENTIAL INVESTMENT – TONBRIDGE TOWN CENTRE 19 High Quality Apartments Fully Let to Tonbridge & Malling Borough CouncilPassing Income: £309,500 per annumInvestment Summary. A rare opportunity to acquire a newly converted and extended freehold residential investment in ...

Property Oracle says ..

This property represents a freehold investment opportunity comprising 19 apartments on High Street, Tonbridge. The location is central, offering good access to local amenities and transport links. The building’s condition appears fair from the exterior, but internal inspections are necessary. There is no garden. The asking price of £6,950,000 equates to approximately £365,789 per apartment, which is below the average property price in Tonbridge. This could be an attractive investment, subject to the condition of the apartments and their rental potential.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
8
Land
1
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
456,000.00 £
Increased by 25.16 %
from 364,328.00 £
Average area rental value
1,667.00 £/mo
Increased by 20.45 %
from 1,384.00 £/mo
Est rental Yield
4.39 %
Decreased by 3.73 %
from 4.56 %
Crime Rate
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • Bracketts Chartered Surveyors created the listing.

Nearby Schools

NameTypeOfstedDistance
Slade Primary School And Attached Unit For Children With Hearing ImpairmentCommunity SchoolOutstanding0.42 KM
Tonbridge SchoolOther Independent School0.49 KM
South Tonbridge Children'S CentreChildren's Centre0.58 KM
Hilden Oaks Preparatory School And NurseryOther Independent School0.96 KM
Hilden Grange SchoolOther Independent School0.96 KM

Images

Photo 1 Photo 3 Photo 3 Photo 2

Nearby Streets

NameAverage PriceAverage SqftDistance
Castle Street £ 290,00000.00 KM
Lyons Crescent £ 330,35700.00 KM
High Street £ 260,50000.00 KM
Tannery Road £ 000.00 KM
Stafford Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Tonbridge5229TON0.68 KM
High Brooms5235HIB5.18 KM
Hildenborough5236HLB5.66 KM
Leigh (Kent)5294LIH7.16 KM
Tunbridge Wells5230TBW7.43 KM

Nearby Listings

AddressPriceTypeScoreDistance
FREEHOLD INVESTMENT OPPORTUNITY - High Street, Tonbridge, TN9 1DR - (19 Apartments) £ 6,950,000BUY5 / 100.00 KM
Lyons Crescent, Tonbridge, Kent, TN9 £ 475,000BUY8 / 100.05 KM
Lyons Crescent, Tonbridge £ 260,000BUY7 / 100.08 KM
Medway Wharf Road, Tonbridge £ 120,000BUY5 / 100.09 KM
Medway Wharf Road, Tonbridge £ 240,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
9 Lyons Crescent £ 578,0000.10 KM
2k Lyons Crescent £ 190,0000.10 KM
2a Lyons Crescent £ 218,0000.11 KM
27 East Street £ 780,0000.14 KM
2e Lyons Crescent £ 220,0000.14 KM