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Watch Oak Cottage, Tunbridge Wells - Image 1
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Watch Oak Cottage, Tunbridge Wells

South East

£500,000
Listed on 15/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
876 sqft

Description

This three-bedroom end of terrace cottage, on the market for the first time in nearly four decades, presents an excellent opportunity for those looking to invest in a property that requires updating and modernisation. Located in a tranquil rural setting with picturesque views of the countryside, this home is being sold with no onward chain, allowing for a swift transaction. The layout includes two reception rooms, providing potential to reconfigure the space according to modern living preferences. The current configuration features a lounge with a fireplace, a separate dining area, and a functional kitchen with wall and base units. Moving upstairs, you'll find three bedrooms and a family bathroom. Outside, there is a rear garage along with a workshop that could be transformed into additional living or working space. The property is situated in Blackham, an area known for its natural beauty and community spirit. Local amenities include charming farm shops and village shops within easy reach, while larger towns like Royal Tunbridge Wells and East Grinstead are only a short drive away. For those commuting to London, Ashurst Mainline Train Station is conveniently located under one mile from the property, offering regular services into central London. Furthermore, the A264 provides good access to the motorway network and surrounding areas. This cottage holds significant potential as both a family home or investment opportunity for those willing to undertake renovations.

Investment Analysis

(TN3 area)

Above Market Value

This property is priced +15.3% above area average per sq ft

+15.3%
This Property
£571/sq ft
Area Average
£495/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£477,127
10% above area average per sq ft
Potential ROI
-13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN3)

Area prices are stable by +0.5% over the last 12 months
3 year growth: -16.6%
5 year growth: -4.2%
Investment Disclaimer: Analysis based on TN3 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

Watch Oak Cottage, 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
£1,832
Based on a loan of £375,000 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