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Pembury Road, Tonbridge

South East

£290,000
Listed on 23/05/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
602 sqft

Description

This Victorian terraced house presents a promising opportunity for renovation, making it an ideal project for those looking to create a personalized living space. Featuring two bedrooms and two reception rooms, the layout offers ample potential for reconfiguration and modern updates. The property is currently functional but could benefit from modernization to fully realize its charm and utility. Situated in close proximity to the mainline station, this location is particularly advantageous for commuters traveling to London and surrounding areas, enhancing its appeal for professionals seeking convenient transport links. The absence of a forward chain allows for immediate occupancy, simplifying the transition process for new owners. Tonbridge itself is a vibrant market town rich in history, known for its impressive 13th-century Norman castle set along the scenic banks of the River Medway. The town features various amenities including retail outlets, local eateries, and recreational facilities such as Tonbridge Park, which offers swimming options, tennis courts, and children's play areas. For families or investors, this property stands out not just due to its location but also because of the diverse educational opportunities available nearby—from nursery schools to highly regarded grammar institutions like Tonbridge School. Additionally, attractions such as Penshurst Place, Hever Castle, and Knole House are within easy reach, offering historical interest and leisure activities. This house's renovation prospects combined with Tonbridge's strong community feel and accessible transport options make it an enticing investment opportunity that should not be overlooked. With vision and effort, this property can be transformed into a unique home that reflects personal taste while capitalizing on the area's growth potential.

Investment Analysis

(TN9 area)

Above Market Value

This property is priced +5.3% above area average per sq ft

+5.3%
This Property
£482/sq ft
Area Average
£457/sq ft
Avg Rent (weekly)
£343
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£302,824
10% above area average per sq ft
Potential ROI
-10.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN9)

Area prices are rising by +3.7% over the last 12 months
3 year growth: 9.0%
5 year growth: 15.1%
Investment Disclaimer: Analysis based on TN9 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

Pembury Road, Tonbridge
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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
£1,062
Based on a loan of £217,500 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