3-bedroom house · TN3 9RP
Listing removedListed 128 days
Opportunity summary
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About
A wonderful opportunity to acquire a period terrace cottage, which affords a number of character features and enjoys an unrivalled central location close to the village amenities, being within a quarter of a mile of the highly regarded St Thomas’ Primary School and a similar distance from the day-to-day shops in Station Road.
The house is also well placed for foot and bridle paths, accessing the nearby countryside, the village affords two public houses, two churches, a doctor’s surgery and a village hall which accommodates a preschool during the week.
The cottage has rendered front elevations and a pitched slate roof. It is considered to be in excellent decorative condition and has gas fired central heating and double glazing.
Via a door to the side is a bright Dining Room with stairs up, a deep understairs store cupboard and access to a Kitchen, which has an L - shaped range of working surface, base and wall units with are hand-painted door fronts, there’s a sink, hob, oven integrated.
The room enjoys twin aspects and has a door to the rear garden.
A snug sitting room, which has some decorative panelling as per the dining room, has a window to the front, exposed brick chimney breast and an alcove cupboard.
On the First Floor, there is a wide principal bedroom with a window to the front elevation and bulkhead storage above the stairs.
The remaining first floor accommodation is cleverly divided to provide two further bedrooms and a bathroom and WC, which has a modern white suite, with chrome fittings that comprises a WC, bath with generous tiling and shower fitment, and a washbasin.
Outside there is a small front garden behind a picket fence.
Shared access to the side of the cottage affords a gate to the rear garden which is an attractive feature of the property and of a good depth with an outbuilding, lawns, beds and borders.
The picturesque and popular village of Groombridge, home to approximately 1,600 residents, straddles the Kent and East Sussex border and abounds with foot and bridle paths into neighbouring countryside.
Groombridge Place Estate dates from the 13th Century with the current moated Manor House dating from the 1660s.
As a village it provides day-to-day amenities with a well stocked general store, independent bakery and post office.
There is also the highly regarded St Thomas' primary school, Ofsted rating 1 (Good) and a large regularly used Village Institute which houses a daily pre-school.
There is also a doctors' surgery, 3 places of worship and 2 public houses.
The towns of Tunbridge Wells and Crowborough are both equi-distant (about 5 miles) and offer more comprehensive shopping and cultural amenities, alongside secondary education.
Eridge station is about 2 miles away accessing London Victoria and London Bridge stations in about 1 hour. Gatwick Airport is approximately 22 miles away. EPC Rating: C
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.
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FAQ
About 7 Providence Cottages Corseley Road, Tunbridge Wells
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