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100 High Street, Tonbridge, TN9 1AN

South East

£800,000
Listed on 26/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former bank building, now vacant, presents a unique opportunity for investors and developers looking to capitalize on its substantial renovation and development potential. Located in the vibrant heart of Tonbridge, the property spans approximately 3,712 square feet across three levels, offering a flexible layout that includes a ground-floor sales area previously used as a bank hall, along with offices and ancillary spaces above. With planning permission already secured for a commercial unit on the ground floor and four one-bedroom flats above, this property is well-positioned to generate multiple income streams. Additionally, there is potential for further enhancement with plans for an additional two-bedroom flat on the roof (subject to obtaining the necessary consents), which could significantly increase the overall value of the asset. The strategic location allows for high visibility and foot traffic, bolstered by neighboring establishments like Pizza Express, KFC, and Starbucks. This prime spot not only enhances its appeal as a commercial venue but also aligns with current trends in residential development in urban areas. Given its vacant status and existing permissions, this property is ripe for immediate action and offers an exciting canvas for those looking to invest or develop in a thriving community.

Investment Analysis

(TN9 area)
Area Average
£457/sq ft
Avg Rent (weekly)
£343
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
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

100 High Street, Tonbridge, TN9 1AN
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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
£2,931
Based on a loan of £600,000 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