3-bedroom house · TN2 5AW
Listing removedListed 93 days
Opportunity summary
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About
Situation: The property is situated in an enviable position in a much sought after residential road in the popular Hawkenbury area of Tunbridge Wells, the station being around a 12 minute walk away, providing a comprehensive range of amenities including Royal Victoria Place shopping centre, cinema complex and theatres.
The town is well known for the historic Pantiles and its open spaces, including Dunorlan and Calverley parks and The Common.
There are a number of well-regarded schools in the area, including grammar schools for both girls and boys, and the highly regarded St Peter’s Primary school is within easy reach.
For the commuter, the mainline station provides a regular service to London Charing Cross/Cannon Street in under an hour and the A21 is also within easy reach with links to the M25.
Description: This spacious property is chain free and offers tremendous potential to create your dream family home.
Arranged over two floors the accommodation includes, on the ground floor; an entrance hall; a spacious living room with box bay windows providing a good deal of natural light with feature fireplace (operation tbc); a well-proportioned dining room with period feature fireplace (operation tbc) with the former understairs storage cupboard removed to provide additional workable space; and a dual aspect kitchen with a range of wall and base units, complementary work surfaces, gloss wall tiling, and appliances including an oven with 4 ring hob, full size fridge and freezer fridge, and washing machine.
On the first floor there is a large landing and three bedrooms, two of which are good-sized doubles, and a family bathroom featuring bath with shower over, low level w/c, pedestal wash basin with mixer tap over, and attractive wall tiling.
To the front of the property is a low maintenance garden bordered by a low-lying brick wall with wrought iron gate leading to a path providing access to the front door, and to the rear a private garden with a southerly aspect mainly laid to lawn, a patio ideal for outdoor entertaining, and a shed.
Services: Mains water and electricity. Local Authority: Tunbridge Wells Borough Council Current EPC Rating: E Property address: TN2 5AW
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
Agent & docs
FAQ
About 59 Nelson Road, Tunbridge Wells
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