2-bedroom house · TN4 9EA
Sold STCReduced £25k (−7.1%) on 3 SepListed 129 days
Opportunity summary
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About
An excellent opportunity to acquire a late Victorian semi detached house, brick built under a pitched tile roof and offered for sale free of any forward chain.
The property enjoys a most convenient position close to local amenities and is about half a mile distant from High Brooms Railway Station.
The property is also close to bus routes that connect to St John’s Road, London Road, and nearby schools.
The property itself; Sitting Room with a window to the front, Dining Room aspect into the rear, Kitchen with a good range of worktops, base and wall units, laminate flooring to the Ground Floor and upstairs carpeting to two Double Bedrooms.
There is, in addition, a spacious Bathroom and WC with Gas Central Heating, Double Glazed Windows and the rear Garden, which is paved, enjoys a South East aspect.
Tunbridge Wells attracts many Londoners, ex pats, and up / down sizers for multiple reasons, not least because the proximity to London for commuters, but especially due to the vast array of good schools for all ages.
The Grammar schools are a particular pull to the area, with two boys’ grammars and one girls’ grammar.
Many of the primary schools are Ofsted outstanding and there is also a good range of independent schooling available.
Tunbridge Wells has a plethora of open spaces provided by a multitude of parks, including the best known, Dunorlan Park, with its popular boating lake and elegant vistas.
Tunbridge Wells Common provides another excellent town centre vista with some landmark views of the area and its own distinctive benches.
To the south of the town centre lies the famous Pantiles with elegant colonnades and often hosting fairs and festivals.
For the sporting enthusiasts, there is a host of amenities including the sports centre with its large pool and indoor courts, whilst outdoor courts are available in several of the parks.
There are golf, tennis and cricket clubs in the area. The town offers two stations on Network South East, with fast trains from both Tunbridge Wells and High Brooms.
Access to the A21 lies just to the east of town providing useful motorway connections.... EPC Rating: D
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 92 Powder Mill Lane, Tunbridge Wells
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