Culverden Square, Tunbridge Wells
AU

Culverden Square, Tunbridge Wells

By Austin Gray

£ 750,000

Reviews

3 out of 5 stars

Austin Gray says ..

PLANNING PERMISSION FOR 3 FAMILY HOMES. OFFERS INVITED £750,000-£800,000

Property Oracle says ..

This property in Culverden Square, Tunbridge Wells, is a development opportunity, not a ready-to-move-in home. The listing presents planning permission for constructing three family homes on the site. The location within St James’ is highly desirable, offering proximity to excellent schools and the train station. Tunbridge Wells is a popular commuter town. The photos reveal a relatively flat and relatively clear site, suitable for construction. The existing landscaping is minimal. The price is within the range indicated by the listing agent and appears to be within the parameters of the current market for such a development project. The absence of details regarding the total plot size, proposed build specifications, and precise construction costs limits a precise financial appraisal. A potential buyer will need to carry out comprehensive due diligence and factor in building costs, timeframes, potential resale values, and other market factors before making a purchase decision. Overall, the potential returns appear strong given the site location and planning permission, but inherent risks are associated with any such development project. Buyers should engage in detailed financial projections and seek professional advice.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
4
Location
8
Land
6
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
391,661.00 £
Increased by 31.90 %
from 296,949.00 £
Average area rental value
1,339.00 £/mo
Increased by 15.33 %
from 1,161.00 £/mo
Est rental Yield
4.10 %
Decreased by 12.58 %
from 4.69 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Austin Gray created the listing.

Nearby Schools

NameTypeOfstedDistance
The Wells Free SchoolFree SchoolsGood0.28 KM
The Skinners' SchoolAcademy Converter0.58 KM
St Barnabas Cofe Va Primary SchoolVoluntary Aided SchoolGood0.88 KM
Tunbridge Wells Girls' Grammar SchoolFoundation SchoolOutstanding0.89 KM
St Augustine'S Catholic Primary SchoolAcademy ConverterGood1.26 KM

Images

Culverden Square3.JPG Promap-1033655-1133346.png IMG_4333.JPG Subject Site.JPG Proposed Site.jpg IMG_7217.JPG Subject site 3.JPG 20_00476_FULL-Proposed_Site_Layout-4026938-page-00

Nearby Streets

NameAverage PriceAverage SqftDistance
Culverden Square £ 642,50000.00 KM
Belgrave Road £ 260,00000.00 KM
Meadow Road £ 000.00 KM
Meadow Road £ 000.00 KM
Kings Avenue £ 1,150,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Tunbridge Wells5230TBW0.85 KM
High Brooms5235HIB2.11 KM
Frant5218FRT5.19 KM
Tonbridge5229TON6.04 KM
Leigh (Kent)5294LIH8.47 KM

Nearby Listings

AddressPriceTypeScoreDistance
Culverden Square, Tunbridge Wells £ 750,000BUY6 / 100.00 KM
Grosvenor Mews, Tunbridge Wells (Central location) £ 600,000BUY7 / 100.01 KM
Grosvenor Mews, Tunbridge Wells (central location) £ 700,000BUY8 / 100.01 KM
Culverden Square, Tunbridge Wells (town centre location) £ 725,000BUY7 / 100.03 KM
The Dairy, St. Johns Road, Tunbridge Wells, Kent £ 425,000BUY7 / 100.04 KM

Nearby Properties

AddressPriceDistance
6a St Johns Road £ 94,0000.06 KM
3 Culverden Square £ 235,0000.07 KM
5 Culverden Square £ 513,0000.07 KM
1 Culverden Square £ 417,5000.07 KM
15 Culverden Square £ 202,5000.07 KM