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Sovereigns Way, Tonbridge, TN12 - Image 1
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Sovereigns Way, Tonbridge, TN12

South East

£350,000
Listed on 07/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
646 sqft

Description

This two-bedroom end-of-terrace home is situated on a generous corner plot, making it a noteworthy candidate for renovation or investment. The property currently boasts full planning permission for the construction of a separate one-bedroom house adjacent to the existing dwelling, with potential for conversion into a two-bedroom unit (subject to additional planning approval). Additionally, there are plans for a single-storey rear extension that could enhance both the current property and the new build. Inside, the home features a bright and spacious living room that connects seamlessly with a modern kitchen/breakfast area. Two well-sized double bedrooms provide comfortable accommodation, complemented by a contemporary bathroom. Outside, the property has an ample outdoor space, along with off-road parking and a garage, offering further opportunities for landscaping or development. From an investment perspective, this property represents significant potential for added value through renovation or expansion. Whether you are looking to create additional living space for your own needs or aiming to capitalize on rising market demands in the area, this home provides numerous possibilities. Located within convenient walking distance of Marden village center, residents can enjoy access to local amenities including shops, churches, a primary school, library, and medical center. The nearby Marden mainline railway station offers direct connections to London Charing Cross, London Bridge, and Cannon Street—making this location particularly appealing for commuters. Overall, this property stands out as an exceptional opportunity for those seeking to invest in a sought-after village setting with immediate development prospects.

Investment Analysis

(TN12 area)

Above Market Value

This property is priced +30.2% above area average per sq ft

+30.2%
This Property
£542/sq ft
Area Average
£416/sq ft
Avg Rent (weekly)
£435
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£295,787
10% above area average per sq ft
Potential ROI
-27.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN12)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -6.1%
5 year growth: 6.3%
Investment Disclaimer: Analysis based on TN12 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

Sovereigns Way, Tonbridge, TN12
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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
£1,282
Based on a loan of £262,500 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