1 Bedroom flat in Victorian Period building. Lovely, sunny, south-facing apartment with original period features. Full of character but with a completely modernised and beautifully presented neutral contemporary interior. Large reception room with bay window, high ceilings and original marble fireplace.
Kitchen with fitted units and all appliances included. Modern bathroom with shower over bath. Double bedroom. All presented in good condition and nice neutral carpets. Great, convenient location close to Tunbridge Wells Common and an easy walk to town centre and commuter rail station to London (40mins.)
Shared ownership of freehold, so no ground rent payable. Low service charges - £50pcm. Substantial existing accumulated reserves in Freeholders' maintenance reserve. Currently let to tenant on Assured Shorthold Tenancy Agreement at 5% gross yield pa, so attractive to investors.
The tenure is Leasehold, but with a 1/4 share of the Freehold to the entire building within which the flat is contained.