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Sherwood Road, Tunbridge Wells

South East

£120,000

Listed on 12/07/2026

Property details

Bedrooms
1
Type
Apartment
Area
536 sqft

Description

Located in the sought-after Sherwood district of Tunbridge Wells, this one-bedroom top floor apartment presents a valuable opportunity for those keen on investing or undertaking a refurbishment project. This property is primed for modernisation, offering a blank canvas to tailor the space according to personal style and functionality. Ideal for first-time buyers or investors, its potential lies in creating an attractive living environment while simultaneously enhancing its market value. The location is one of the apartment's significant assets, with High Brooms railway station just a short walk away, providing easy access to London and the South Coast—perfect for commuting professionals. Tunbridge Wells town centre is also conveniently nearby, offering a plethora of shopping, dining and entertainment options. Additionally, the property boasts a tranquil woodland setting at the rear, providing a serene backdrop that is often hard to find in urban apartments. Benefiting from its own private entrance, the pathway through a modest front garden adds charm to your approach. Entering through the small hall reveals storage opportunities that could be revamped into an organised space for everyday items. On reaching the main area via stairs, you are welcomed by a spacious landing that sets an inviting tone. A recessed section here could easily serve as an ideal workspace—an increasingly desirable feature in today's remote-working culture. The layout includes a bathroom at the front fitted with essential amenities but ripe for updating into a contemporary suite. The generously sized bedroom also at the front features good natural light and ample storage options, allowing flexibility in furniture placement. At the rear lies the expansive living room with views over woodlands—a standout characteristic that ensures plenty of natural light floods this versatile space suitable for both relaxation and dining purposes. Adjacent is the kitchen equipped with basic units and necessary appliance spaces; however, it would benefit from modern upgrades and installation of heating since mains gas is already available. This property comes with no onward chain, making it an enticing prospect for anyone looking to create their dream home or investment opportunity within this desirable part of Tunbridge Wells.

Investment analysis

(TN2 area)

Below Market Value

This property is priced -52.3% below area average per sq ft

-52.3%
Potential saving
This Property
£224/sq ft
Area Average
£469/sq ft
Avg Rent (weekly)
£401
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£276,670
10% above area average per sq ft
Potential ROI
+90.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TN2)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -7.5%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on TN2 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

Sherwood Road, Tunbridge Wells
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£453
Based on a loan of £90,000 over 30 years at 4.45% 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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