5-bedroom house · TN15 6YE
Listing removedListed 412 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A rare opportunity to purchase a detached house with planning permission to be converted into two detached dwellings. Planning reference 24/00506/ful.
Plot 1 Part of the existing house with five bedrooms to the first floor, three bath/shower rooms and a dressing room whilst to the ground floor there would be a kitchen/breakfast room with separate utility, living room, family room and study.
Externally, there would be a detached double garage with studio above. Plot 2 New build detached house approximately 2,066 sq. Ft.
With four bedrooms and three bath/shower rooms to the first floor, living room, study and open plan kitchen/breakfast/family room with separate utility room and cloakroom to the ground floor.
Both properties would have extensive gardens and enjoy far reaching views over the surrounding countryside. Available with no onward chain.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Plots 1 & 2, 24 Ashen Grove Road, Otford Hills
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