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Medway View, Three Elm Lane, Golden Green, Tonbridge, TN11 - Image 1
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Medway View, Three Elm Lane, Golden Green, Tonbridge, TN11

South East

£435,000
Listed on 23/04/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
803 sqft

Description

This three-bedroom semi-detached house stands as a promising canvas for renovation and investment. Nestled on the outskirts of Tonbridge, the property backs onto serene open fields, providing picturesque countryside vistas that enhance its appeal and offer a peaceful setting for everyday life while still maintaining proximity to local conveniences. The spacious interior features a 14ft8 sitting room, serving as a central hub for family gatherings or relaxation. A generous kitchen/breakfast room presents ample space for culinary endeavors, while the layout also includes a ground-floor bathroom, an inner hall, and a separate cloakroom—elements that ensure practicality for daily living. Upstairs, you’ll find three inviting bedrooms, each enjoying lovely views of the surrounding landscape. A second cloakroom on this floor adds convenience, making it well-suited for family use or hosting guests. The potential to reconfigure or extend these spaces could easily transform the home into a more expansive family residence tailored to personal tastes. The exterior boasts a welcoming driveway that allows off-street parking for multiple vehicles and leads to a detached garage. Additionally, there are several outbuildings offering valuable storage solutions or possibilities for alternative uses. The vast rear garden is predominantly laid to lawn, featuring a patio area perfect for entertaining and even includes a vegetable patch for gardening enthusiasts. With its tranquil surroundings and beautiful views backing onto open fields, this outdoor space serves as an excellent retreat. This property not only provides an enjoyable living environment but also presents significant potential for enhancement through renovation or expansion. Whether you're looking to create your dream home or seeking an investment opportunity in a desirable area with strong growth prospects, this home warrants consideration.

Investment Analysis

(TN11 area)

Above Market Value

This property is priced +10.9% above area average per sq ft

+10.9%
This Property
£542/sq ft
Area Average
£489/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£431,580
10% above area average per sq ft
Potential ROI
-11.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN11)

Area prices are falling by +9.7% over the last 12 months
3 year growth: -7.7%
5 year growth: 6.2%
Investment Disclaimer: Analysis based on TN11 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

Medway View, Three Elm Lane, Golden Green, Tonbridge, TN11
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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
£1,594
Based on a loan of £326,250 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