Tonbridge Wells
TE

Tonbridge Wells

By Temple Wharf Property Consultants

£ 150,000

Reviews

3 out of 5 stars

Temple Wharf Property Consultants says ..

Price Range £150,00 - £160,000 - This flat represents a fantastic rental yield - Share of Freehold - brand new 999yr Underlying Lease - No Ground rent or Maintenance Fees - Tenant willing to stay with possible rent increase - PERFECT INVESTMENT PROPERTY with own Private Entrance and Garden, Share...

Property Oracle says ..

This one-bedroom property in Tunbridge Wells, Kent, presents a potentially appealing opportunity for first-time buyers or investors. Located on Albert Street in the St James’ area, it benefits from a relatively convenient location near the railway station and multiple well-regarded primary schools. The property’s proximity to these amenities is a major plus point.

The interior photos show a functional, though somewhat dated property. The kitchen and bathroom appear clean and adequately equipped but could benefit from an upgrade to enhance its aesthetic appeal and market value. The main living areas seem reasonably sized for a one-bedroom property but could benefit from a fresh coat of paint and possibly some modernising to maximize their potential. The flooring is modern which is a plus point.

The property includes a small rear garden with a relatively new deck. This space provides some outdoor amenity, although it’s relatively small and lacks developed landscaping. Additional improvements could significantly increase the space’s value and usability.

The list price of £150,000 appears reasonable, within the range of comparable properties in the area, considering its size, features and condition. A thorough property survey is advisable to detect any potential structural issues or significant maintenance requirements. More detailed comparable local market pricing data would assist in establishing whether the price accurately reflects the market’s value.

Overall, this property offers a basic but functional living space in a desirable location with outdoor space, making it a reasonable entry point for certain buyers. However, potential buyers should carefully assess the need for modernisation and improvements before making a decision and acquire an independent valuation of the property.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
1
Bathrooms
1
Sqft (est)
392.88

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
391,661.00 £
Increased by 31.90 %
from 296,949.00 £
Est sale value
223,941.60 £
Increased by 71.69 %
from 130,436.16 £
Average area rental value
1,339.00 £/mo
Increased by 15.33 %
from 1,161.00 £/mo
Est letting value
392.88 £/mo
Unchanged by 0.00 %
from 392.88 £/mo
Est rental Yield
4.10 %
Decreased by 12.58 %
from 4.69 %
Crime Rate
23.00 %
Unchanged by 0.00 %
from 23.00 %

Agent Activity

  • Temple Wharf Property Consultants created the listing.

Nearby Schools

NameTypeOfstedDistance
St Barnabas Cofe Va Primary SchoolVoluntary Aided SchoolGood0.45 KM
St James' Church Of England Voluntary Aided Primary SchoolVoluntary Aided SchoolOutstanding0.77 KM
The Wells Free SchoolFree SchoolsGood0.82 KM
St Peter'S Church Of England Primary SchoolVoluntary Controlled SchoolOutstanding1.01 KM
The Skinners' SchoolAcademy Converter1.04 KM

Images

One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat One Bedroom Basement Flat

Nearby Streets

NameAverage PriceAverage SqftDistance
Victoria Road £ 000.00 KM
Belgrave Road £ 260,00000.00 KM
Meadow Road £ 000.00 KM
Meadow Road £ 000.00 KM
Grosvenor Bridge £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Tunbridge Wells5230TBW0.87 KM
High Brooms5235HIB1.80 KM
Frant5218FRT4.66 KM
Tonbridge5229TON6.14 KM
Wadhurst5231WAD8.61 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tonbridge Wells £ 150,000BUY6 / 100.00 KM
Tunbridge Wells £ 260,000BUY6 / 100.00 KM
Albert Street, Tunbridge Wells, TN1 £ 400,000BUY6 / 100.03 KM
Albert Street, Tunbridge Wells, TN1 £ 475,000BUY5 / 100.04 KM
Kirkdale Road, Tunbridge Wells, Kent, TN1 £ 325,000BUY5 / 100.05 KM

Nearby Properties

AddressPriceDistance
10 Albert Street £ 220,3650.04 KM
29 Albert Street £ 177,5000.04 KM
21 Albert Street £ 290,0000.04 KM
33 Albert Street £ 1,0000.04 KM
12 Albert Street £ 172,0000.04 KM