Terraced house for sale in Monson Colonnade, Monson Road, Tunbridge Wells TN1

Offers in region of £550,000
Interested in this property? Call +44 1892 310284 * or Request Details

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Terraced house for sale

Tenure:
Leasehold
Time remaining on lease:
971 years
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available
More details

Property features

  • Town center location
  • Current HMO income £18,600 pa
  • Potential for new license 2025
  • Potential rent £24,000 pa
  • Or family home as following
  • HMO licences contract until 2025
  • Large through reception
  • Family bathroom
  • Lease 943 years

Property description

Spacious 3-floor Town house currently let on a HMO license & high rental yield in Tunbridge Wells. Prime location in the town, this would make a great in town home or leave as an investment until February 2025 and renew contract at a higher rent for a further 5 years.

Property Description A unique three-floor Town house is situated on Monson Colonnade, right in the heart of Tunbridge Wells, TN1. Occupying the upper levels of an impressive 1900s-built property, the home stands out as one of the few that has retained its original layout and not been converted to 2 apartments so can be used as a family residence. The Town house is accessed from street level up to charming balcony walkways, offering both historical allure and modern convenience. Currently operating under an HMO license, it includes four spacious rooms, along with communal areas, a well-equipped kitchen, and bathrooms, producing an annual income of £18,600.

If you wish to have the property as a Family home the accommodation would provide 3 or 4 Spacious double bedrooms, large family bathroom with additional ensuite, Kitchen/Diner and large Sitting room, all this right i the heart of the town of Tunbridge wells.

The property comes with a long lease of 943 years, while the freehold is owned separately and might be available through negotiation giving an additional income from the ground floor shop, which is on a commercial lease. This feature makes it an attractive investment opportunity. For those interested in this unique blend of residential and commercial prospects, further details can be provided upon inquiry with regards to the purchase of the freehold at a premium.

Located just 0.5 miles from the bustling Tunbridge Wells High Street and the Mainline br station (45 minutes to London), this home also offers excellent connectivity to main roads. The Monson Colonnade area, along with Camden Road which offers many amenities; vibrant array of shops, cafes, restaurants, bars, cultural spots, and parks making it a desirable location for both convenience and leisure. This property (approx 2,000 sq feet) truly encapsulates the best of Tunbridge Wells living, combining historical charm with modern amenities in a prime town centre location.

Sitting room 14' x 15' 6" (4.27m x 4.72m)

dining room 12' 8" x 13' 5" (3.86m x 4.09m)

bedroom 17' 8" x 11' 3" (5.38m x 3.43m)

bedroom 18' 8" x 16' 1" (5.69m x 4.9m)

bedroom 11' 1" x 11' 8" (3.38m x 3.56m)

kitchen 11' 8" x 6' (3.56m x 1.83m)

family bathroom

en-suite bathroom or bedroom 4

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For more information about this property, please contact
Martin & Co Tunbridge Wells, TN1 on +44 1892 310284 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Martin & Co Tunbridge Wells, and do not constitute property particulars. Please contact Martin & Co Tunbridge Wells for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation 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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