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Corseley Road, Groombridge, Tunbridge Wells, East Sussex TN3 - Image 1
Corseley Road, Groombridge, Tunbridge Wells, East Sussex TN3 - Image 2
Corseley Road, Groombridge, Tunbridge Wells, East Sussex TN3 - Image 3

Corseley Road, Groombridge, Tunbridge Wells, East Sussex TN3

South East

£730,000
Listed on 18/09/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1523 sqft

Description

This four-bedroom detached home is nestled in the picturesque village of Groombridge, known for its charming community and beautiful surroundings. While the property currently requires modernization, it presents a unique opportunity for those looking to invest in a renovation project that can enhance its value significantly. The layout of the home includes a welcoming front porch and an entrance hall that leads into a spacious sitting room and adjoining dining room—ideal spaces for family gatherings. The ground floor also features a kitchen with an adjoining pantry, a garden room that invites natural light, and a convenient shower room. Ascending to the first floor, you will find four well-sized bedrooms along with another shower room, allowing ample space for both residents and guests. A gas-fired central heating system ensures comfort throughout the seasons. One of the standout features of this property is its expansive rear and side gardens, which offer an impressive canvas for landscaping or outdoor projects. Whether you envision creating a serene retreat or expanding the existing structure—subject to planning consent—the scope for development here is significant. Additionally, planning permission has been granted for a three-bedroom detached house on-site, presenting an excellent prospect for further investment. In terms of location, this home benefits from being within walking distance to essential amenities such as Groombridge St Thomas Church of England Primary School, local pubs like The Junction Inn and The Crown, as well as a bakery and convenience store. The village lies within the High Weald Area of Outstanding Natural Beauty along the Kent-Sussex border, providing plentiful green spaces perfect for outdoor activities. Convenient public transport links connect Groombridge to nearby Tunbridge Wells—famous for its diverse shops and eateries—as well as direct train services to London from both Tunbridge Wells Station and Eridge Station, just a short drive away. Overall, this property not only offers immediate living options but also substantial potential for future enhancement in both personal enjoyment and financial return.

Investment Analysis

(TN3 area)

Below Market Value

This property is priced -2.8% below area average per sq ft

-2.8%
Potential saving
This Property
£479/sq ft
Area Average
£493/sq ft
Avg Rent (weekly)
£567
Avg Yield
3.4%

Renovation Potential

Est. Renovation Cost
£73,000 - £182,500
10-25% of property value
Target Value
£826,090
10% above area average per sq ft
Potential ROI
-9.5%
After renovation
Monthly Sales
11
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (TN3)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.2%
Investment Disclaimer: Analysis based on TN3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Corseley Road, Groombridge, Tunbridge Wells, East Sussex TN3
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