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Mount Ephraim, Tunbridge Wells

South East

£495,000
Listed on 04/11/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
2340 sqft

Description

This four-bedroom Georgian bow-fronted building presents a unique opportunity for renovation and investment in the heart of Tunbridge Wells. Currently classified as a Grade II listed office, this property has received planning permission for conversion back into a single-family residence (Ref: 25/01321/LBC). Envision the transformation into a spacious, sophisticated home spanning approximately 1,791 sq ft across four thoughtfully designed levels. Nestled within an elegant Georgian terrace on Mount Ephraim, the property retains its historic charm while offering significant potential for modern living. The design allows for an underground parking space—an invaluable feature in this central location—as well as an array of amenities that can be customized to meet contemporary standards. On the lower ground floor, access via Culverden Street leads to areas suited for both relaxation and entertainment, including the potential for a gym and home cinema. This level is poised to become a private retreat that combines luxury with convenience. The main entrance opens onto an inviting hallway, flowing into an expansive kitchen and dining area that would serve as a focal point for gatherings. The front-facing living room, enhanced by its original bow window, offers a refined atmosphere perfect for unwinding. Practical features such as a utility room and guest cloakroom are also part of this floor's layout. Moving up to the first floor, plans indicate a primary bedroom suite with ample natural light from its large bow window, complemented by an en-suite bathroom and dressing area. A second bedroom with access to a private terrace enhances the appeal of outdoor living spaces. The second floor accommodates two additional bedrooms that can be tailored to meet various needs—whether they serve as guest rooms or dedicated home office spaces—and are supported by a well-appointed family bathroom. Located just moments away from Tunbridge Wells' vibrant shops, cafes, esteemed schools, and mainline train station, this property combines historical significance with exceptional accessibility. As you consider its renovation possibilities, it’s essential to conduct due diligence regarding layouts and finishes; planning permission is set to lapse at the end of July unless an extension is approved. With its prime location and rich architectural history, this townhouse project stands out not only as a rare restoration opportunity but also as an investment in one of Kent's most sought-after areas.

Investment Analysis

(TN4 area)

Below Market Value

This property is priced -54.4% below area average per sq ft

-54.4%
Potential saving
This Property
£212/sq ft
Area Average
£464/sq ft
Avg Rent (weekly)
£373
Avg Yield
4.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Target Value
£1,193,950
10% above area average per sq ft
Potential ROI
+20.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TN4)

Area prices are falling by +4.3% over the last 12 months
3 year growth: 0.8%
5 year growth: 12.2%
Investment Disclaimer: Analysis based on TN4 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

Mount Ephraim, Tunbridge Wells
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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
£1,813
Based on a loan of £371,250 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