2-bedroom house · TN10 3RS
Listing removedListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Waghorn and Company are proud to present to the market this spacious 2 bedroom Park Home.
Situated in the sought after Towngate Wood development this is a unique property that has been carefully designed, to maximise space and light.
Bedroom 1 has an ensuite shower room and a dressing room. There is also a bright spacious kitchen, separate dining room and large lounge.
Outside there is a charming garden with patio area and driveaway.
The location is also a huge selling point with lovely countryside walk on your doorstep, easy access to transport links and local amenities close by.
Entrance Access via paved pathway leading to stone steps to the front door Entrance Hallway Enter via double glazed front door into hallway with radiator, doors leading to all rooms and loft hatch.
Living Room Double glazed windows to the front and side, radiator and electric fireplace with tiled back and hearth, fully carpeted throughout Dining Room Double glazed window to the side, radiator, fully carpeted with opening leading into the kitchen Kitchen Double glazed back door leading to the garden, double glazed window to the front, stainless steel sink and drainer with cupboards above and a further range of matching base units.
Space for washing machine and dishwasher. Integrated electric oven with gas hob, ceramic wall tiles and airing cupboard.
Bedroom 1 Double glazed window to the side, radiator, selection of fitted draw units, walk in wardrobe and access to En suite shower room En Suite Shower Room Double glazed frosted window to the side, shower cubical, low level WC, hand was basin, wall mounted cabinet and mirror.
Ceramic wall tlles. Bedroom 2 Double glazed window to the side, radiator, built in wardrobes and draw unit.
Shower Room Double glazed frosted window to the side, heated towel rail, shower cubical, low level WC and hand wash basin. Wall mounted mirror and ceramic tiles.
Outside Paved pathway leading to patio area with greenhouse, grass area with shed and driveway for one car. Tenure A park home is technically considered neither leasehold nor freehold.
Instead, the tenure of a park home is best described as ownership of the structure (the unit) combined with a license to occupy the land (the pitch), which is often referred to as a "Pitch Agreement" or "Virtual Freehold".
The monthly charges ( Approximate) ground rent is approximately £214 Per Month. This would need to be confirmed by Berkley Homes prior to completion.
Water and Electric are also payable through the site
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 1 Cherry Tree Road, Towngate Wood, Tonbridge
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