2-bedroom house · TN3 9RH
Sold STCReduced £10k (−2.2%) on 23 JunListed 129 days
Opportunity summary
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About
Set centrally within the village, the property is within a few hundred yards of Station Road and its day-to-day amenities.
Similarly, the village institute and recreation ground and is set within a quarter of a mile of the highly regarded Saint Thomas’s Primary School.
Offered for sale free of any forward chain, this late Victorian semi detached house, brick built with decorative quoins around the windows to the front elevation under a pitch slate roof.
The property has double glazing with sash style windows to the front, gas central heating, laminate flooring to the Ground Floor, stripped and polished timber flooring to the First Floor, a composite front door with a featured number accesses a sitting room with a exposed brick chimney breast, tiled hearth and wood burner, low level cupboards to both alcoves with book/display shelving above.
Dining room with an aspect to the rear and stairs to a Lower Ground Floor suitable as a play room or office with radiator and window to front.
The well proportioned Kitchen has a u-shaped sweep of work surface, inset with a sink and gas hob, oven beneath and extractor above.
There are a generous assortment of base and wall units with high gloss door fronts, concealed fridge and freezer, and door to the rear garden. Twin aspects.
Upstairs, the Main Bedroom has a sash window and aspect to the front of the property.
There is a second bedroom with a window to the rear and an extremely spacious Garden, Bathroom which has a modern white suite with chrome fittings comprising WC, twin wash basins, bath, a separate tiled shower cubicle and a chrome towel rail.
The Rear Garden is level, has a large Indian stone patio area adjacent to the rear of house the remainder being primarily lawns and includes a timber shed.
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.
Groombridge Place Estate dates from the 13th Century with the current moated Manor House dating from the 1660s.
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, Ofsted rating 1 (Good) 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. 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 10 Corseley Road, Tunbridge Wells
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