ANOTHER sign this week that the top end of the Tunbridge Wells property market is alive and well. It looks like a new record has been set with the marketing of a two-bedroom flat for just under £1,000 per square foot.
Commanding a guide price of £750,000, the Castle House ground floor apartment on London Road has been designed by luxury developers Surrey-based Newcourt Residential, and brought to market by the national estate agents Savills.
One surveyor, who did not wish to be named, said the listing at £955 a square foot has ‘almost certainly set a record for the town’.
By comparison, a flat of almost the exact same size in the recently built Royal Springs development just down the road next to The Forum, attracted a lot of attention at less than half the price.
The average price for a flat per square foot in Tunbridge Wells is £386, according to property website Zoopla.
The buyer of the Castle House flat will get 785 square feet to stretch their legs in, but only have to walk a few yards to the railway station. There is also parking.