Initial price	£6,950,000
20/11/25	£6,000,000
Price Change	-13.67%

This freehold residential investment property in Tonbridge town centre offers a rare opportunity to acquire a fully let and newly converted property with a secure 10-year lease to Tonbridge & Malling Borough Council. The property comprises 19 high-quality apartments, with 7 one-bedroom and 12 two-bedroom units, all fully let and generating a passing income of £309,500 per annum. The lease is CPI-linked, with annual increases capped at 4%, and the tenant has a break option at year 5. The property benefits from a prominent High Street position, secure undercroft parking, and lift access to all floors. The apartments are finished to a high standard, with modern layouts and specifications, and some units have private terraces, courtyards, or castle views. The property is situated in a thriving commuter and market town, with excellent transport links to London and the surrounding area.