Sumner Pridham says ..

Property Oracle says ..

Chancellor House is a three-bedroom apartment situated on Mount Ephraim in the Culverden area of Tunbridge Wells, Kent. The property is listed at £385,000 and offers 1,021.50 sqft of living space with a plot size of 1,108.68 sqft.

The apartment appears to have undergone recent modernisation, boasting a contemporary kitchen and bathroom. The living areas are presented in a neutral style, ready for a new owner to personalize. The property benefits from a large communal garden and allocated parking.

Tunbridge Wells is a desirable location in Kent, known for its excellent schools, including the nearby Outstanding-rated Bennett Memorial Diocesan School. The town also offers good transport links via Southeastern trains from Tunbridge Wells station, which is approximately 1.18km from the property. A range of amenities are within easy reach, enhancing the property’s appeal.

Considering the average house price in the area is £509,521 and the average price per sqft is £456, the listed price of £385,000 for this 1,021.50 sqft apartment seems relatively reasonable, particularly given its recent modernisation and desirable location. However, the lack of specific details on the apartment’s condition and the absence of comparable property data in the provided information limits a more precise valuation. Further market research would be beneficial to determine a more definitive price assessment. The communal garden provides a pleasant outdoor space, although its size relative to other properties in the area is unknown. The allocated parking is a significant advantage in a town centre location.

In summary, Chancellor House presents a well-located, modernised apartment with appealing features. The price appears competitive within the Tunbridge Wells market, making it an attractive proposition for potential buyers. However, a more detailed analysis of comparable properties and a thorough inspection would be recommended to confirm the overall value.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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