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Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 1
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 2
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 3
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 4
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 5
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 6
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 7
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 8
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 9
Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS - Image 10

Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS

South East

£1,750,000
Listed on 23/03/2026

Property Details

Bedrooms
5
Type
Property With Land
Area
1819 sqft

Description

This is a unique opportunity to acquire a sizeable residential development site that already has full planning consent for the transformation of the existing property into four distinguished detached family homes in the desirable village of Speldhurst, located near Tunbridge Wells. The approved project entails the demolition of the current structures and the erection of four thoughtfully designed homes, each with a spacious layout ranging from approximately 238 to 275 square meters (GIA). Two houses will face Ferbies while two others will align with Langton Road. The development plan includes designated car ports, private gardens, new access points, and extensive landscaping, enhancing the overall appeal. The scheme has been meticulously crafted by Taylor Roberts Architects to ensure it harmonizes with local architectural styles and reflects the character of the High Weald region, featuring traditional elements such as pitched roofs, brickwork, and timber details. Notably, this project promises a minimum biodiversity net gain of 10%, adhering to contemporary planning policies focused on sustainability and energy efficiency. Situated outside any Conservation Area and sheltered by mature trees and hedging, this plot boasts a prime location within a picturesque village that offers convenient access to Tunbridge Wells along with nearby amenities and mainline rail links. Detailed planning documentation is readily available for review. Investors will appreciate the flexibility granted by Class E permitted development rights remaining intact, offering future occupants potential for additional features such as garden offices or pods. Plot 1 currently has permission for a dedicated car port/barn; approvals for Plots 2, 3, & 4 are pending. This site presents an exceptional proposition for developers aiming to capitalize on an approved residential project in a sought-after area known for its charm and accessibility.

Investment Analysis

(TN3 area)

Above Market Value

This property is priced +95.6% above area average per sq ft

+95.6%
This Property
£962/sq ft
Area Average
£492/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£350,000 - £500,000
Target Value
£984,043
10% above area average per sq ft
Potential ROI
-56.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
24%
Properties sold annually

Local Market Trend (TN3)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -11.6%
5 year growth: -7.8%
Investment Disclaimer: Analysis based on TN3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Development Opportunity, Ferbies, Speldhurst, Tunbridge Wells, Kent, TN3 0NS
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£6,312
Based on a loan of £1,312,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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