Targetfollow Estates Limited says ..

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. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images