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See how verdicts work3-bedroom bungalow · TN2 3SH
SoldListed 340 daysAuction 10 Dec · ended
Opportunity summary
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About
Please refer to auctioneer for more information Guide Price = £600,000+ **For Sale By Public Auction 10th December 2025 09:30 AM To inspect the legal documents for this property go to our website to download the legal pack** A Vacant Three Bedroom Detached Bungalow Situated on a Plot of Land Measuring Approximately 1,270 sq m (13,665 sq ft).
Offered With Planning Permission to Demolish the Existing Building and Erect 3 x Four Bedroom Houses (No CIL or S106 Fees) Tenure Freehold Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Hilbert Woods are within easy reach. Transport links are provided by High Brooms rail station.
Description The property comprises a three bedroom detached bungalow situated on a plot of land measuring approximately 1,270 sq m (13,665 sq ft).
Accommodation Ground Floor Through Reception Room Kitchen Three Bedrooms Bathroom Separate WC G.I.A Approximately 160 sq m Exterior The property benefits from off street parking and garages.
Note There are no CIL or Section 106 payments due in relation to the approved planning scheme.
Planning Tunbridge Wells Borough Council granted the following planning permission (ref: 25/01826/FULL) on 29th October 2025 : 'Demolition of existing dwelling & erection of 3No dwellings with associated works'.
EPC Rating D Viewing Schedule (No Booking Required) Saturday 29 November 10:00 - 10:30 Monday 1 December 12:00 - 12:30 Wednesday 3 December 14:00 - 14:30 Saturday 6 December 12:00 - 12:30 Monday 8 December 10:00 - 10:30
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
Agent & docs
FAQ
About 15 Pinewood Road, Tunbridge Wells, Kent, TN2 3SH
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