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North Farm Road‚ Tunbridge Wells‚ TN2
Alright, so let me describe this property for you from a buyer's perspective. The property is located at North Farm Road, Tunbridge Wells, and the asking price is £260,000. It seems to have a share of the freehold and a 997-year lease, with an annual service charge of £714.00. Now, let's break this down into two aspects: real estate investment and lifestyle purchase. For real estate investment, this property has a few attractive features. First, the location is good, as Tunbridge Wells is known for its beautiful surroundings and picturesque landscapes, which could make it a popular area for tourists. Additionally, it has a share of the freehold, which could provide some additional security for investors. However, the price of £260,000 seems to be on the higher side, especially considering the average price of properties in Tunbridge Wells is around £390,000 according to the Zoopla website (as of October 2021). This could potentially limit the returns on investment. For lifestyle purposes, this property seems like it would provide a comfortable and convenient living situation. The location is great, with beautiful surroundings and easy access to local amenities. In addition, the property has a 997-year lease, which offers long-term security. However, it would be essential to consider the annual service charge of £714.00, as it could add up over time and affect the overall affordability of the property. In summary, this property seems to offer attractive lifestyle aspects, but piecemeal ownership and a higher-than-average asking price could potentially limit its appeal for real estate investment. It's crucial to consider your financial goals and constraints before making a decision on this property.