5 bedroom flat for sale

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5 bedroom flat for sale

Kinnings Row, Tonbridge TN9
£695,000

Price History

Initial price £780,000
11/05/24 £695,000
Price Change -10.90%

Description

This is an investment opportunity for a mews-style development in the historic heart of Tonbridge, consisting of three flats: two 2-bedroom flats and one 1-bedroom flat. Two of the flats are currently rented out, with tenants on periodic AST agreements, generating a combined income of £1,900 per calendar month. The properties are situated in a tucked away position, close to the High Street, mainline station, and local amenities. The development has the benefit of allocated single car parking spaces, with additional parking available in a nearby public car park. The property is in a low-flood risk area and has high-speed fibre internet available. The buyer will need to set up a management company and lease with the purchase, and the property is being sold vacant, with rental potential for the third flat.