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Studio for sale

£130,000

Norman Road, Tunbridge Wells, Kent TN1

1 1
Interested in this property? Call +44 1892 731099 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Open house Saturday 28th October 2017 - by appointment only
  • Ground floor studio apartment
  • Town centre location
  • Ideal first step on the property ladder
  • Great buy to let investment
  • Own rear courtyard
  • EPC energy rating C (77)

Property description

A great opportunity to acquire this town centre studio positioned on a popular road in Tunbridge Wells. The property has been let out by the current owners and been a good investment for them, but is now offered with vacant possession and an ideal first purchase or investment. The property has its own entrance which opens into the main studio with space for a bed and a good living area. The property has a well equipped shower room, while having a separate kitchen with all the space you need to rustle up a satisfying supper creates more space than the average studio flat in Tunbridge Wells. Another fantastic benefit is your own rear courtyard so you can have an outside space to relax. Whether you are in the market for an investment or a town centre bolt hole this could be just the property you have been looking for.

Please refer to the footnote regarding the services and appliances.

Please refer to the footnote regarding the services and appliances.

Room sizes:
  • Ground floor
  • Studio Area 20'2 maximum x 12'7 maximum (6.15m x 3.84m)
  • Kitchen 8'8 x 7'0 (2.64m x 2.14m)
  • Shower Room
  • Outside
  • Rear Courtyard

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.


Property info

Market activity
Average price paid £371,374 Sales 171 Current average value £402,473 (Zoopla Zed-Index) Value change £3,283 ▲ 0.82%

Property value data/graphs for TN1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £981,092 £445 4.1 £650,000
Semi-detached £537,327 £418 3.4 £554,815
Terraced £458,855 £431 2.9 £434,196
Flats £260,712 £394 1.7 £241,480

Current asking prices in TN1

Average: £456,711
Avg. current asking prices in TN1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £320,768
(11)
£448,000
(10)
£686,143
(14)
£1,220,000
(2)
Flats £201,382
(17)
£344,203
(19)
£506,818
(11)
- -
All £201,382
(17)
£335,610
(30)
£478,810
(21)
£686,143
(14)
£1,220,000
(2)

Current asking rents in TN1

Average: £928 pcm
Avg. current asking prices in TN1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £989 pcm
(7)
£1,435 pcm
(4)
- £2,500 pcm
(1)
Flats £697 pcm
(28)
£1,052 pcm
(21)
£1,324 pcm
(2)
- -
All £697 pcm
(28)
£1,036 pcm
(28)
£1,398 pcm
(6)
- £2,500 pcm
(1)

Fun facts for TN1

Highest value in TN1
Highest value streets Zed-Index
Calverley Park £2,273,983
London Road £1,123,516
Cumberland Walk £1,050,972
Calverley Park Crescent £995,050
Calverley Road £882,507
Highest turnover in TN1
Highest turnover streets Turnover
Norfolk Road 60.6%
Grover Street 54.5%
Mountfield Gardens 50.0%
South Grove 50.0%
Clarence Road 46.2%

What Zoopla users think of Tunbridge Wells

Overall rating:

  • currently 4.5 stars
Very good - 87% (197 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Tunbridge Wells:

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Community & safety
  • currently stars
  • 1
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  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Tunbridge Wells (0.6 miles)
  • High Brooms (0.8 miles)
  • Frant (2.6 miles)
  • London Gatwick Airport (19.9 miles)
  • London City Airport (27.0 miles)
  • Lydd Airport (31.7 miles)
  • Gravesend Pier (21.7 miles)
  • Tilbury Ferry Terminal (22.0 miles)
  • Newhaven Harbour Ferry Terminal (25.8 miles)

Nearby schools

View all schools in Tunbridge Wells
  • St Barnabas CofE VA Primary School (0.1 miles)
  • St James' Church of England Junior School (0.3 miles)
  • St James' Church of England Voluntary Aided Infant School (0.3 miles)
  • West Kent and Ashford College (3.4 miles)
  • Tonbridge School (4.3 miles)
  • Mount Camphill Community (4.9 miles)
  • The Skinners' School (0.5 miles)
  • Tunbridge Wells Girls' Grammar School (0.7 miles)
  • Beechwood Sacred Heart School (0.8 miles)
Note: Distances are straight line measurements

Local info for Tunbridge Wells

About the neighbours in TN1

AskMe Q&A for Tunbridge Wells

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For more information about this property, please contact
Ward & Partners, TN1 on +44 1892 731099 * (local rate)

Monthly running costs Beta

£678 Monthly total

Mortgage

Purchase price
Deposit (10%) 13,000
Repayment term 25
Interest rate 1.5
Your payment £467 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £350,000 Contents value up to £75,000 Average insurance cost £25/mo (£302/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £29 Estimated energy cost £50/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Tunbridge Wells

Estimated tax band A Council tax cost £109 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £18 Estimated water cost £27 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Ward & Partners about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ward & Partners, and do not constitute property particulars. Please contact Ward & Partners for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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