The Pantiles, Tunbridge Wells, Kent, TN2
By Peter Leete & Partners
£ 840,000
Reviews
2 out of 5 stars
Peter Leete & Partners says ..
POTENTIAL DEVELOPMENT OPPORTUNITY. A rare opportunity to acquire a retail and residential property located in the historic Lower Walks of The Pantiles, Royal Tunbridge Wells, Kent.
Property Oracle says ..
This property, situated in the prestigious Pantiles area of Tunbridge Wells, presents a mixed bag of advantages and disadvantages for prospective buyers. The location is undoubtedly a major selling point, offering a blend of historic charm, vibrant amenities, and excellent transport links. The building itself appears to be a period property with features such as sash windows and wooden floors. However, the internal images reveal a property needing significant refurbishment or modernisation. The lack of outdoor space is a noticeable drawback for potential buyers who desire a garden or private patio. The current listing price seems ambitious considering the need for work, despite the prime location. A comprehensive survey and costings for renovation should be undertaken before committing to a purchase. Potential buyers should weigh the cost of modernisation against the long-term benefits of owning property in such a desirable area. The property’s description as a ‘potential development opportunity’ suggests the need for internal review and potential for improvement. The final value will highly depend on the type of refurbishment undertaken.
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
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,268.74
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
- 476,429.00 £Decreased by 31.58 %
- Est sale value
- 565,858.04 £Decreased by 18.17 %
- Average area rental value
- 1,561.00 £/moDecreased by 6.97 %
- Est letting value
- 1,268.74 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.93 %Increased by 35.99 %
- Crime Rate
- 13.00 %Unchanged by 0.00 %
Agent Activity
Peter Leete & Partners created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Mead School | Other Independent School | 0.33 KM | |
| The Ark Children'S Centre | Children's Centre | 0.95 KM | |
| Broadwater Down Primary School | Community School | Good | 0.97 KM |
| The Wells Free School | Free Schools | Good | 1.13 KM |
| Claremont Primary School | Community School | Outstanding | 1.31 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Swan Passage | £ 350,000 | 0 | 0.00 KM |
| Major York's Road | £ 0 | 0 | 0.00 KM |
| Maple Close | £ 950,000 | 0 | 0.00 KM |
| Vale Road | £ 650,000 | 0 | 0.00 KM |
| Major York's Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Tunbridge Wells | 5230 | TBW | 0.67 KM |
| High Brooms | 5235 | HIB | 3.33 KM |
| Frant | 5218 | FRT | 4.70 KM |
| Tonbridge | 5229 | TON | 7.39 KM |
| Eridge | 5459 | ERI | 7.54 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| The Pantiles, Tunbridge Wells | £ 900,000 | BUY | 8 / 10 | 0.01 KM |
| Market Street, Tunbridge Wells, Kent, TN2 | £ 570,000 | BUY | Unknown | 0.03 KM |
| London Road, Tunbridge Wells, Kent, TN2 | £ 375,000 | BUY | 7 / 10 | 0.04 KM |
| 2 Bedroom Apartment, London Road, Tunbridge Wells | £ 340,000 | BUY | 6 / 10 | 0.05 KM |
| The Pantiles, Tunbridge Wells, TN2 | £ 575,000 | BUY | 8 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 27a The Pantiles | £ 250,000 | 0.00 KM |
| 25b The Pantiles | £ 245,000 | 0.01 KM |
| 27b The Pantiles | £ 250,000 | 0.01 KM |
| 21a The Pantiles | £ 500,000 | 0.01 KM |
| 12b Nevill Street | £ 230,000 | 0.04 KM |