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See how verdicts workProperty · TN4 9XG
For saleListed 1278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Strapline Auction Sale - 10/05/2023 Of interest to developers. A freehold site with planning permission granted for the erection of Four Houses, 2 x 3 bed detached and 2 x 2 bed semi-detached.
Centrally located. Development opportunity. Vacant.
Location Situated to the south of Culverden Square, Off St Johns Road Convenient to the local amenities within Tunbridge Wells town centre Public transport includes Tunbridge Wells rail station 0.5 miles to the south The green open spaces of Calverley Grounds are nearby Transport Tunbridge Wells Station - National Rail Accommodation Proposed accommodation Planning The property is to be offered with planning consent for the 'erection of four houses with associated access road, car and bike parking, gardens, hard and soft landscaping and ancillary refuse storage.
Reference - 22/00088/full. Date Granted - 11th August 2022
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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
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FAQ
About Land to the rear of 2 - 16 St Johns Road, Kent
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