Worst House on the Street Logo
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 1
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 2
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 3
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 4
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 5
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 6
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 7
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 8
DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND - Image 9

DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND

South East

£1,100,000
Listed on 06/10/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This property presents a significant opportunity for those looking to invest in a versatile space with untapped renovation potential. Set on a desirable plot in the scenic countryside, the existing detached bungalow features two to three spacious bedrooms and offers ample off-road parking with dual driveways. The property is complemented by timber outbuildings and a generous wraparound garden that enjoys a sunny aspect, providing serene views of the surrounding farmland. With planning permission already in place for the demolition of the current structure and the construction of three new dwellings, this site is ripe for redevelopment. This allows for flexibility in design and utilization, catering to various buyer needs in a community that is increasingly sought after. Located on Watermans Lane, this property benefits from its proximity to Brenchley, Matfield, and Paddock Wood—areas known for their charming village atmosphere and essential local amenities. Paddock Wood itself boasts convenient access to a Waitrose supermarket and various shops, while nearby Tonbridge and Tunbridge Wells offer cultural highlights such as theatres, cinemas, health clubs, and an array of dining options. Additionally, local villages provide essential services including medical facilities, schools, and community hubs. Families will appreciate the educational opportunities available in the area. Highly-rated primary schools like Brenchley and Matfield Primary are just moments away, alongside several reputable secondary institutions including distinguished grammar schools in Tonbridge and Tunbridge Wells. Transport links are excellent; Paddock Wood station provides direct mainline services to London Charing Cross in approximately 52 minutes. Furthermore, the A21 dual-carriageway is just four miles away, granting easy access to the M25 motorway network as well as Gatwick and Heathrow airports. Overall, this property not only offers immediate living accommodations but also substantial prospects for future development within a growing community—making it an attractive prospect for both homeowners and investors alike.

Investment Analysis

(TN12 area)
Area Average
£412/sq ft
Avg Rent (weekly)
£480
Avg Yield
4.5%

Renovation Potential

Est. Renovation Cost
£110,000 - £275,000
10-25% of property value
Monthly Sales
16
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TN12)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -5.5%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on TN12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND
Map showing location of DEVELOPMENT OPPORTUNITY - 24/02869/FULL - Watermans Lane, Tonbridge, TN12 6ND
Open Map