Bracketts Chartered Surveyors says ..

Property Oracle says ..

This listing presents a development opportunity to convert an existing garage into a two-bedroom coach house on Barden Road in Tonbridge, Kent. The property is described as a rare opportunity and benefits from already granted planning permission, significantly reducing initial development hurdles. The location in Tonbridge is advantageous given the town’s amenities, including its proximity to good schools and the Tonbridge mainline railway station, providing convenient links to London. The architectural plans offer a glimpse into the proposed structure, showing a relatively modest two-bedroom house with a small garden. However, the provided information lacks details such as building specifications, material costs, and overall project timeline. The list price is £125,000, which although potentially competitive, needs further cost analysis before a firm conclusion on value can be reached. While the proximity to good schools and the town’s amenities is a plus, the potential buyer will need to factor in the additional cost of development and the small size of the resulting plot. Investors should conduct thorough due diligence and explore complete cost estimates before committing to this investment. The final value will likely be dependent on completion of the build and the market conditions at that time.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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