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See how verdicts work3-bedroom house · TN3 9RS
Listing removedListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Affording huge potential this older style of semi-detached house enjoys a large level garden and is offered for sale with no forward chain.
Centrally located and therefore accessible to all of the Village’s amenities with the highly regarded St Thomas’s Primary School and day to day shopping in Station Road both being within a 1⁄4 mile or so.
Priced to reflect its current condition, by today’s standards the house requires comprehensive updating and modernisation, it affords however good space and considerable potential.
The accommodation comprises to the ground floor entrance hall, sitting and dining rooms plus large store area, kitchen with elderly fittings and rear lobby with shower/WC.
Upstairs there are three bedrooms and a partially tiled bathroom/wc.
Outside an area of front garden, with a driveway to the side accessing an elderly garage with a large level rear garden (39 ft x 74 ft).
EPC Rating: E Location 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.
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 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.
Value & comps
No previous sales on record.
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 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
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FAQ
About 1 Gromenfield, Tunbridge Wells
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