London Road, Southborough, Tunbridge Wells, Kent, TN4 0PA

Offering a fantastic opportunity for investors and developers, this substantial freehold investment comprises two first-floor maisonettes with a combined internal area of approximately 220 sq. m. (2,368 sq. ft.). With eight bedrooms, two bathrooms, two kitchens and two reception rooms in total, the properties offer excellent scope to add value and maximise rental returns.

One maisonette is currently being used as a rental property receiving £1500 pcm, while the second requires complete renovation, presenting a blank canvas for refurbishment and value enhancement. Together, the properties offer a wealth of possibilities, whether undertaking a comprehensive modernisation project before letting, improving the existing rental offering, or exploring the potential for conversion into Houses in Multiple Occupation (HMOs), subject to the necessary planning permissions, licensing and regulatory requirements.

With the freehold included, this is an appealing proposition for investors seeking a versatile asset with multiple avenues for growth. Whether you are an experienced landlord, a developer looking for your next project, or an investor seeking to unlock the full potential of a substantial residential property, this is an opportunity not to be missed.

This property is offered for sale via the modern method of auction.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

TUN260529/2

Description Offering a fantastic opportunity for investors and developers, this substantial freehold investment comprises two first-floor maisonettes with a combined internal area of approximately 220 sq. m. (2,368 sq. ft.). With eight bedrooms, two bathrooms, two kitchens and two reception rooms in total, the properties offer excellent scope to add value and maximise rental returns. One maisonette is currently being used as a rental property, providing immediate income potential, while the second requires complete renovation, presenting a blank canvas for refurbishment and value enhancement. Together, the properties offer a wealth of possibilities, whether undertaking a comprehensive modernisation project before letting, improving the existing rental offering, or exploring the potential for conversion into Houses in Multiple Occupation (HMOs), subject to the necessary planning permissions, licensing and regulatory requirements. With the freehold included, this is an appealing (truncated)

Location Situated on London Road in the popular town of Southborough, this property benefits from a convenient location with a range of local shops, cafés, restaurants and everyday amenities close at hand. Southborough Common provides a welcome green space nearby, while the town's established community atmosphere and access to surrounding countryside add to the area's appeal. High Brooms railway station is within easy reach, offering regular services towards London and the Kent coast, while the neighbouring towns of Royal Tunbridge Wells and Tonbridge provide an excellent choice of further shopping, leisure and dining facilities. With convenient road links via the A26 and access to a range of local schools, Southborough offers an attractive setting for commuters, families and investors alike.

Flat 69 Flat 69 is accessed via the front of the building, where a spacious entrance hall leads to a staircase ascending to the first floor. Arranged over two floors, this substantial maisonette offers five bedrooms, a kitchen, a bathroom, a separate WC and a reception room. Further enhancing the property is a front-facing balcony, providing valuable outdoor space and adding to the property's overall appeal.

Flat 69A Flat 69A is accessed via a separate entrance to the left-hand side of the building. An entrance hall leads to a staircase ascending to the first floor, which comprises a bedroom, bathroom and reception room with access to a front-facing balcony. The second floor provides two further bedrooms and a kitchen, offering well-proportioned accommodation arranged over two levels.

Agents Notes This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated)