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Penlee Close, Edenbridge, Kent, TN8 - Image 1
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Penlee Close, Edenbridge, Kent, TN8

South East

£450,000

Listed on 01/09/2026

The listing

Property details

Bedrooms
3
Type
Bungalow
Area
916 sqft

Description

This detached bungalow presents a rare opportunity in the desirable area of Penlee Close, Edenbridge. With three bedrooms, off-street parking, a garage, and a private garden, this property offers significant potential for those looking to create their ideal home. The location is conveniently situated within walking distance of the town centre and public transport links. Upon entering, you are greeted by a spacious hallway that leads to well-proportioned bedrooms on the left and a generous living area on the right. The master and second bedrooms feature built-in storage, while the split bathroom includes both a bath with an over-bath shower and a separate WC. The kitchen overlooks the rear garden and provides direct access to it, featuring wall and base units along with space for freestanding appliances. The living and dining room is bright and airy, thanks to large windows at both the front and rear, and includes a charming stone-mantled fireplace as a focal point. The exterior features an attached garage and a garden that wraps around the side of the property, offering a paved rear area and a lawned side garden bordered by trees for added privacy. This property is ideal for buyers seeking a rewarding project with considerable scope for improvement, making it an appealing choice for those looking to invest in their future home.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

40out of 100
Grade ELow opportunity

Confidence: MEDIUM

This detached house in Edenbridge presents an interesting renovation project, albeit with some financial challenges. Priced at £450,000, it sits slightly above the local average at £491/sqf, which may limit immediate value potential. The renovation costs, estimated between £80,000 and £120,000, combined with the purchase price, stretch the all-in costs to £550,000, exceeding local benchmarks for this area. This could impact future resale opportunities given that the implied current value stands at around £423,009.

Despite the concerns regarding price and renovation economics, the property offers a solid foundation for improvement. The three bedrooms, well-proportioned living spaces, and a decent-sized garden provide a canvas for a rewarding project. The dated interiors, including the kitchen and bathroom, offer ample scope for modernisation, allowing a new owner to create a tailored living environment. The good exterior condition and the attractive location near the town centre further enhance its appeal, making it a viable option for buyers looking to invest time and effort into a home that can be truly personalised.

Key opportunities

  • Three well-proportioned bedrooms with built-in storage offer family appeal.
  • Generous living and dining room with large windows provides scope for modern design.
  • Private garden space allows for landscaping and outdoor improvements.

Key risks

  • All-in costs of £550,000 exceed local value benchmarks, which may limit potential profit margins.

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Map

Location

Penlee Close, Edenbridge, Kent, TN8
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 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.

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