Detached house · ME18 5QT
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A seemingly straightforward conversion opportunity with the potential to create an extraordinary home.
-- Greg Wood, Director #TheGardenOfEngland A substantial 27m x 12m barn for conversion, good sized plot of about 0.43 of an acre, enjoying a private position, delightful views and a peaceful country lane setting, yet just a few miles from Kings Hill and West Malling Station.
Guide Price £575,000 to £600,000 Please see property details for further information.
Planning permission has been granted under reference TM/23/01542/FL for the conversion of a modern concrete-frame storage barn to create a substantial detached home arranged over two floors.
As shown on the approved plans, the proposed accommodation adopts a clever living arrangement, with the kitchen and principal living spaces positioned on the first floor to take full advantage of the surrounding views.
The ground floor provides generous home-working space, additional living accommodation and other rooms to suit individual requirements, alongside generous parking provision.
Ultimately, given the open-plan nature of the existing storage barn, the new owners will have considerable flexibility to determine room sizes and positions according to their own needs, subject to the necessary consents.
Planning permission was granted in July 2023, and Tonbridge and Malling Borough Council has confirmed that a meaningful start has been made through the discharge of Conditions 8 and 10.
Condition 10 relates to drainage facilities, with excavation completed and pipework installed along the northern elevation leading to the designated area for the required sewage treatment plant.
Further to the original permission, a Section 73 application was subsequently made and approved to vary the access arrangements to the site.
This means the property will now benefit from its own private entrance from Beech Road.
Power: ’The nearest electricity supply is located on a post a short distance from the boundary and could be connected to.
Water: We understand that a mains water supply is available within the road and see no reason why a new connection could not be made to serve the property.
Prospective purchasers are advised to make their own enquiries and satisfy themselves as to the availability and cost of all services and connections. Our Ref: FAL260167
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Beech Road, Mereworth, Maidstone, Kent, ME18
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