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Land & Buildings, Tunnel Road, Tunbridge Wells

South East

£850,000
Listed on 29/04/2026

Property Details

Bedrooms
N/A
Type
Residential Development

Description

This commercial property presents an intriguing investment opportunity in Tunbridge Wells, previously utilized as a tile showroom for nearly two decades. The premises encompass approximately 3,489 square feet of versatile internal space, with the primary building spanning around 3,272 square feet across two floors in a predominantly open-plan configuration. Additionally, there is a smaller detached workshop or commercial unit of about 217 square feet featuring a steel roller shutter and an impressive ceiling height of 4.5 meters. The generous yard and parking area, measuring roughly 2,128 square feet, can accommodate up to seven vehicles. While the property currently falls under planning class E for continued commercial use—including potential for indoor fitness, day nursery, retail, or office applications—it also offers significant potential for conversion into residential units (either houses or flats), pending the necessary planning permissions. This aspect provides an exciting avenue for renovation and development.

Investment Analysis

(TN1 area)
Area Average
£464/sq ft
Avg Rent (weekly)
£306
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN1)

Area prices are stable by -0.6% over the last 12 months
3 year growth: +9.2%
5 year growth: -2.0%
Investment Disclaimer: Analysis based on TN1 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

Land & Buildings, Tunnel Road, Tunbridge Wells
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,011
Based on a loan of £637,500 over 30 years at 3.91% 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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