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Barnfield Road, Riverhead, TN13

South East

£875,000
Listed on 20/06/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1404 sqft

Description

This detached house presents a unique opportunity for those looking to invest in a property with significant renovation and expansion potential. Nestled in a desirable location that overlooks Chipstead Common, the home is conveniently situated near local schools and offers easy access to Sevenoaks mainline station. Upon entering, you are greeted by a hallway that leads to the principal reception area. The spacious living room features a large picture window that fills the space with natural light and provides scenic views, while double doors connect it seamlessly to the dining room, which boasts patio doors opening onto the back garden. The kitchen includes utilitarian roll-top work surfaces along with ample cupboard space and accommodates various appliances; it also connects to a utility room with additional storage and plumbing options. The ground floor further includes a shower room equipped with essential amenities. Ascending to the first floor, you’ll discover three generously sized bedrooms alongside the family bathroom. The principal bedroom features built-in wardrobes, offering both practical storage solutions and striking views over Chipstead Common. The second and third bedrooms also provide comfortable living spaces, both with built-in wardrobes and additional storage options. Externally, the property benefits from a detached garage that includes workshop space—ideal for hobbyists or additional storage needs. The garden invites you outside with its patio area, lawn, and established shrub borders, providing an excellent canvas for gardening enthusiasts or outdoor entertainers. The front of the property is characterized by a well-maintained lawn and flower beds, accompanied by off-road parking on the driveway. Overall, this home not only offers a solid structure awaiting modernization but also the captivating setting of Chipstead Common that enhances its appeal for future investment possibilities. With planning permissions potentially available for expansion, this property could transform into your dream home or an attractive rental asset.

Investment Analysis

(TN13 area)

Above Market Value

This property is priced +8.3% above area average per sq ft

+8.3%
This Property
£623/sq ft
Area Average
£576/sq ft
Avg Rent (weekly)
£469
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£888,957
10% above area average per sq ft
Potential ROI
-3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (TN13)

Area prices are falling by +6.3% over the last 12 months
3 year growth: 0.9%
5 year growth: 12.8%
Investment Disclaimer: Analysis based on TN13 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

Barnfield Road, Riverhead, TN13
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,205
Based on a loan of £656,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE