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Pennington Place, Tunbridge Wells, TN4 - Image 1
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Pennington Place, Tunbridge Wells, TN4

South East

£750,000
Listed on 28/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1719 sqft

Description

This substantial detached family residence, situated on a generous 0.18-acre plot, presents an exciting opportunity for those looking to invest in a property with renovation potential. While it is positioned in a desirable area, the home does require modernisation, allowing new owners to tailor the space to their preferences. The ground floor features a welcoming entrance hallway with a convenient cloakroom, alongside two spacious reception rooms and a kitchen that can be transformed into the heart of the home. Upstairs, you will find four double bedrooms, including a main bedroom with en-suite facilities, all accessible from a sizable landing leading to an expansive loft space that holds further potential for development. Outside, ample driveway parking complements both a double garage and a sizeable rear garden with side access. This property offers significant scope for improvement while being conveniently located near local amenities, schools, and excellent transport links to Tunbridge Wells and beyond.

Investment Analysis

(TN4 area)

Below Market Value

This property is priced -5.8% below area average per sq ft

-5.8%
Potential saving
This Property
£436/sq ft
Area Average
£463/sq ft
Avg Rent (weekly)
£350
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£875,865
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
32
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (TN4)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -1.4%
5 year growth: 8.3%
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

Pennington Place, Tunbridge Wells, TN4
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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
£2,747
Based on a loan of £562,500 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.

Next Steps

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