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2 Bed Flat For Sale Queens Road, Tunbridge Wells, TN4

£265,000- Flat

Yield: 5.07%
1 of 9
Yield: 5.07%
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  • Rental Guide: £895 - £1,120
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • 2 Bedrooms
  • Top Floor Apartment
  • Private Garden
  • Town Centre Location
  • Beautifully Presented Throughout
  • Recently Renovated
  • Open Plan Living / Dining And Kitchen
  • Views From Rear
  • Underfloor Heating In Bathroom
  • Fibre Lights To Ceiling In Bedroom 2
Last Updated: 25th March 2020

Description

TOWN CENTRE. A beautifully presented 2 bedroom apartment with its own private garden and been recently renovated throughout.

Situated in the centre of town and just a short walk to the local grammar school, shopping centre, restaurants, bars and the train station, this wonderful family home is in a fantastic convenient location.

The property occupies the top floor and has been refurbished and improved by the current owners. The property now benefits from having a bright and open plan entrance hall, living room, dining area and kitchen with beautiful new flooring throughout.

The family shower room has underfloor heating and has space for a washing machine, however if a bath is preferred it could be reconfigured.

There are 2 good sized bedrooms with the second bedroom benefitting from some beautiful fibre lights perfect as a child’s bedroom.

The property throughout has been well presented and updated to a high standard. Externally the property benefits from its own generous private garden with space for a barbecue, seating and a trampoline or swing.

To fully appreciate the accommodation on offer a viewing is highly recommended.


LOCATION

Royal Tunbridge Wells is a large affluent town situated in the ‘Garden of England’ and due to its accessibility it is very popular with commuters to London and Hastings. Tunbridge Wells station has frequent services to London Charing Cross, Waterloo East, London Bridge and Cannon Street in just under one hour.

If you are travelling by car, the A21 can be accessed from Tunbridge Wells or Tonbridge, linking to the M25 and the national motorway network, Gatwick and Heathrow airports and the Channel Tunnel terminus.

One of the key attractions for families moving to the area is the excellent selection of educational facilities available with a large number of outstanding independent and state schools as well as exceptional Grammar schools for both girls and boys in Tunbridge Wells and nearby Tonbridge and Sevenoaks.

Nearby Stations

  • Tunbridge Wells Rail Station (0.7 miles away)
  • High Brooms Rail Station (0.9 miles away)
  • Tunbridge Wells West (Spa Valley Railway) (1.2 miles away)
  • High Rocks (Spa Valley Railway) (2 miles away)
  • Frant Rail Station (2.9 miles away)

Nearby Schools

  • The Skinners' School (0.2 miles away)
  • The Wells Free School (0.3 miles away)
  • Tunbridge Wells Girls' Grammar School (0.3 miles away)
  • St Barnabas CofE VA Primary School (0.4 miles away)
  • St Augustine's Catholic Primary School (0.6 miles away)
Agent Details
hunni homes
Colebrook House, 55/57 Colebrook Road, Tunbridge Wells, TN4 9DP
Bank of England Base Rate:
0.1%

Forecast Score

Based on our analysis this property has been scored as:
4.6

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
Data Strength:
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
5

Interest Rates

Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 Bedroom properties in “TN4” are mostly listed between £895 - £1,120. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested