4-bedroom terraced house · TN2 5JZ
Sold STCListed 105 days
Opportunity summary
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About
This most desirable 4 bedroom property is located in a highly regarded development in central Tunbridge Wells, situated just off from the coveted Warwick Park.
The house has been stylishly decorated throughout and offers just under 1,700 sq. ft. of elegant living accommodation arranged over 3 floors.
With one of the larger gardens on the development and a tucked away location, this home has so much to offer its new owners.
The generous entrance hall on the ground floor provides a warm welcome, and leads to the fourth bedroom, which could easily serve as a further reception room if required.
Also on this floor is the utility / laundry room, which the current owners use also as a home gym, and from which there is access to a storage room.
The hall has a further generous storage cupboard and a bathroom with shower cubicle.
A carpeted staircase leads to the first floor and the large sitting room and dine-in kitchen, which thanks to the incline of the plot, directly accesses the rear garden.
The stylish kitchen offers a range of cream wall and base units, plenty of worktop space and integrated appliances. French doors lead out to the rear garden, which is a truly beautiful space.
Recently landscaped by the current owners, three separate areas have been created with oak sleepers to provide a large terrace, an area of lawn and a wild flower bed, and thanks to its south-east orientation it is flooded with sun throughout the day.
A generous side return and shed provide good storage facilities. Further stairs lead to the second-floor landing and the master bedroom which has its own ensuite bathroom and fitted wardrobes.
There are two further bedrooms on this floor, also with fitted wardrobes, and a well-appointed bathroom. Access is also granted to the loft, and there is a linen cupboard.
Material Information Disclosure - National Trading Standards Material Information Part B Requirements (information that should be established for all properties) Property Construction - brick and block Property Roofing - clay tiles Electricity Supply - mains Water Supply - mains Sewerage - mains Heating - gas central heating Broadband - FTTP Mobile Signal / Coverage - intermittent/poor Parking –off street National Trading Standards Material Information Part C Requirements (information that may or may not need to be established depending on whether the property is affected or impacted by the issue in question) Building Safety - no known concerns Restrictions - conservation area / restrictive covenants Rights and Easements - Flood Risk - no known concerns Coastal Erosion Risk - no known concerns Planning Permission - no known concerns Accessibility / Adaptations - no Coalfield / Mining Area - no known concerns Location Richmond Place is situated off from Warwick Park, and consists of a range of attractive dwellings built in 2000.
There is a real community feel to the road, and the communal areas, which include a woodland for the residents to enjoy, are beautifully maintained.
The High Street and The Pantiles, the elegant Georgian colonnaded walkway, believed by many to be the most pleasant place in Tunbridge Wells to browse, shop, eat, drink and stroll, is within easy walking distance.
Regular farmers' and craft market are held fortnightly on the colonnade and features an excellent range of stalls selling high quality local produce, hot foods, crafts, homewares and accessories. ...
The mainline station, with its fast and frequent trains to Central London is also under a mile away and there are excellent schooling options locally, within both the state and independent sectors, including those in the sought-after Kent Grammar system.
Tunbridge Wells has a diverse range of restaurants, shops and sporting facilities and the impressive, award-winning Bluewater Shopping Centre is only 45 minutes' drive.
If you want to escape to the coast, then the lovely seaside towns can be reached by train or car in under an hour. Garden Fully enclosed rear garden with south-east orientation.
With one of the larger gardens on the development and a tucked away location, this home has so much to offer its new owners. Parking - Off street Off-road parking to the front.
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 Richmond Place, Tunbridge Wells, TN2
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