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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 - Image 3
The Old Workshop, Eridge Road, Eridge Green, Tunbridge Wells, East Sussex, TN3 9JR - Image 4

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
4
Type
Residential Development
Area
915 sqft

Description

Nestled between Crowborough and Tunbridge Wells, this single-storey period estate building offers significant renovation and investment potential. Originally a commercial property, it was converted into a two-bedroom dwelling around 15 years ago but now requires refurbishment to unlock its full value. With approximately 915 sq ft (85 sq m) of living space, the layout includes two bedrooms—one with an ensuite bathroom—and a spacious open-plan living/dining area that merges seamlessly with the kitchen. The exterior features a front courtyard garden and a rear parking area, although it's important to note that a neighboring property holds a right of way over part of this area. Given its location within the Eridge Park Estate and proximity to local amenities, including a pub and farm shop, this property is ripe for further development or redesign, pending necessary consents. Plans for redevelopment are available upon request.

Investment Analysis

(TN3 area)

Below Market Value

This property is priced -34.5% below area average per sq ft

-34.5%
Potential saving
This Property
£322/sq ft
Area Average
£492/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£495,148
10% above area average per sq ft
Potential ROI
+47.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TN3)

Area prices are rising by +9.5% over the last 12 months
3 year growth: -6.1%
5 year growth: -0.1%
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
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,052
Based on a loan of £221,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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