The Old Workshop, Eridge Road, Eridge Green, Tunbridge Wells, East Sussex, TN3 9JR - Image 1

The Old Workshop, Eridge Road, Eridge Green, Tunbridge Wells, East Sussex, TN3 9JR - Image 2

The Old Workshop, Eridge Road, Eridge Green, Tunbridge Wells, East Sussex, TN3 9JR

South East

£295,000

Listed on 31/03/2026

Property Details

Bedrooms

N/A

Type

Land

Area

915 sqft

Description

This former commercial estate building has been transformed into a 2-bedroom residence approximately 15 years ago. While it remains livable, the property now presents an opportunity for refurbishment, allowing potential homeowners or investors to enhance its appeal and functionality. There is also scope for further redesign or development, pending necessary approvals. Detailed plans are available upon request, providing a head start for those looking to unlock its full potential.

Investment Analysis

(TN3 area)

Below Market Value

This property is priced -34.6% below area average per sq ft

-34.6%

Potential saving

This Property

£322/sq ft

Area Average

£493/sq ft

Renovation Potential

Medium Refurb

Est. Renovation Cost

£25,000 - £50,000

Target Value

£495,852

10% above area average per sq ft

Potential ROI

+43.7%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (TN3)

Area prices are rising by +4.8% over the last 12 months

3 year growth: -8.4%

5 year growth: -6.4%

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

The Old Workshop, Eridge Road, Eridge Green, Tunbridge Wells, East Sussex, TN3 9JR

Loading map...

Open Map

Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments

£1,045

Based on a loan of £221,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Next Steps

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Similar Properties

The Old Workshop, Eridge Road, Eridge Green, Tunbridge Wells, East Sussex, TN3 9JR

Property Details

Description

Investment Analysis

Below Market Value

Renovation Potential

Local Market Trend (TN3)

Location

Mortgage Calculator

Next Steps

Get help with this property

Next Steps

Get help with this property

Similar Properties

Terminus Road, Bexhill-On-Sea

Grigg Lane, Headcorn

Downsview, Heathfield

Sycamore Close, Lydd, Romney Marsh, TN29 9LE

Kingsnorth Road, Kingsnorth, Ashford, TN23

Winterbourne Close, Hastings

Bedgebury Road, Goudhurst, CRANBROOK

Mayview Close, Broad Oak, Heathfield

Park Avenue, Hastings

De la Warr Road, Bexhill on Sea, TN40