3 Bed Terraced House, Single Let, Tonbridge, TN12 6TX, £375,000

6 Commercial Road, Paddock Wood, Kent, TN12 6EL - a year ago

Sold STC
BTL
ROI: 2%
80 m²
+9 photos

ValuationOvervalued

Sold Prices£255K - £496K
Sold Prices/m²£3K/m² - £5.3K/m²

 

 

Square Metres

80 m²
Price/m²£4.7K/m²

Value Estimate

£330,612

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Total Cash In

£112,450

 

 

Cash Out

 

Rent Range

£1,550 - £2,975

Rent Estimate

£1,749

Running Costs/mo

£1,542

Cashflow/mo

£207

Cashflow/yr

£2,488

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £255K to £496K, average is £370K. £3K/m² to £5.3K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£351K10/210.01 mi31, Yeoman Gardens, Paddock Wood, Tonbridge, Kent TN12 6TX3
£370K01/240.01 mi28, Yeoman Gardens, Paddock Wood, Tonbridge, Kent TN12 6TX3
£385K08/230.04 mi30, Cogate Road, Paddock Wood, Tonbridge, Kent TN12 6UE3
£390K07/230.07 mi28, Cobbs Close, Paddock Wood, Tonbridge, Kent TN12 6UW3
£349K03/210.07 mi22, Cobbs Close, Paddock Wood, Tonbridge, Kent TN12 6UW3
£348K12/230.07 mi9, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UA3
£390K07/210.07 mi29, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UA3
£370K04/230.07 mi45, Cogate Road, Paddock Wood, Tonbridge, Kent TN12 6UD3
£325K03/240.07 mi57, Cogate Road, Paddock Wood, Tonbridge, Kent TN12 6UD3
£425K07/210.08 mi88, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UB3
£372K06/210.08 mi28, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UB3
£325K06/230.09 mi5, Bullion Close, Paddock Wood, Tonbridge, Kent TN12 6UP3
£312K04/210.1 mi16, Challanger Close, Paddock Wood, Tonbridge, Kent TN12 6TZ3
£370K12/230.11 mi6, Ringden Avenue, Paddock Wood, Tonbridge, Kent TN12 6EE3
£320K12/220.12 mi37, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£310K04/210.14 mi33, Ringden Avenue, Paddock Wood, Tonbridge, Kent TN12 6ED3
£355K06/210.14 mi44, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£330K03/210.14 mi40, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£290K06/210.14 mi38, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£405K03/210.16 mi9, Northdown Close, Paddock Wood, Tonbridge, Kent TN12 6UN3
£496K12/220.17 mi10, Northdown Close, Paddock Wood, Tonbridge, Kent TN12 6UN3
£255K04/210.2 mi72, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6DX3
£261K03/210.2 mi80, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6DX3
£297K03/210.22 mi66, Mount Pleasant, Paddock Wood, Tonbridge, Kent TN12 6AQ3
£350K12/200.24 mi5, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£360K05/230.25 mi5, Newton Gardens, Paddock Wood, Tonbridge, Kent TN12 6AJ3
£470K10/230.25 mi130, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JL3
£360K01/230.26 mi34, Mount Pleasant, Paddock Wood, Tonbridge, Kent TN12 6AG3
£330K08/230.27 mi78, Old Kent Road, Paddock Wood, Tonbridge, Kent TN12 6JE3
£415K05/210.27 mi6, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£480K04/230.27 mi4, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£485K12/220.27 mi26, Newton Gardens, Paddock Wood, Tonbridge, Kent TN12 6AJ3
£385K11/200.27 mi13, Bramley Gardens, Paddock Wood, Tonbridge, Kent TN12 6BD3
£439K05/210.27 mi3, Pinewood Close, Paddock Wood, Tonbridge, Kent TN12 6JN3
£302.5K09/210.28 mi106, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DP3
£375K08/230.28 mi106, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DP3
£311K06/210.29 mi73, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6AE3
£422.2K12/220.29 mi147, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JP3
£350K04/230.29 mi137, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DS3
£280K09/230.29 mi125, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DS3
£480K01/240.3 mi3, Oaklea Road, Paddock Wood, Tonbridge, Kent TN12 6LB3
£402K09/230.33 mi26, Woodlands, Paddock Wood, Tonbridge, Kent TN12 6AR3
£375K02/210.33 mi1, Woodlands, Paddock Wood, Tonbridge, Kent TN12 6AR3
£395K02/230.33 mi17, Woodlands, Paddock Wood, Tonbridge, Kent TN12 6AR3
£399.9K10/200.34 mi51, Allington Road, Paddock Wood, Tonbridge, Kent TN12 6AP3
£427.5K01/240.35 mi40, Ribston Gardens, Paddock Wood, Tonbridge, Kent TN12 6BA3
£357.5K04/210.39 mi28, Allington Road, Paddock Wood, Tonbridge, Kent TN12 6AN3
£410K11/200.4 mi74, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3
£399.9K07/210.4 mi87, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3
£420K03/240.4 mi76, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3

Local Rents

13 rents from £1.6K/mo to £3K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,59512/240.23 mi-3
£2,10009/240.33 mi-3
£1,55009/240.35 miOld Kent Road, Paddock Wood, Tonbridge3
£1,70009/240.37 mi-3
£1,80012/240.37 mi-3
£2,00002/240.44 mi-3
£2,00009/240.44 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00009/240.44 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00009/240.44 mi-3
£1,89509/240.8 miHazel Close, Paddock Wood, TN123
£1,89509/240.8 mi-3
£2,15009/240.81 miBlackthorn Way, Paddock Wood3
£2,97509/241.15 miWatermans Lane, Brenchley3

Local Area Statistics

Population in TN12

29,476

Population in Tonbridge

77,562

Town centre distance

4.88 miles away

Nearest school

0.40 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Property History

Listed for £375,000

November 3, 2023

Sold for £194,000

2004

Sold for £85,000

1997

Floor Plans

Description

  • 3 bedroom terraced home +
  • Excellent condition +
  • Downstairs cloakroom +
  • Kitchen/diner +
  • Cul de sac location +
  • Walking distance to amenities and station +
  • Parking and garage en bloc +
  • Freehold +
  • Council tax band D +
  • NO CHAIN +

A well presented family home in a very popular area within Paddock Wood. As you enter the property, you are greeted by a spacious bright hallway which sets the tone for the rest of the home. From here you have access to a good sized lounge and downstairs cloakroom. The property also benefits from a large open plan kitchen/diner overlooking the pretty rear garden which enjoys a southerly aspect. Upstairs you will find three bedrooms and a family bathroom. Early viewing is recommended to see this lovely property in such a convenient location.

From the property you can walk into the village centre where you will find a variety of shops, restaurants, coffee shops and other amenities. Paddock Wood also has a primary and secondary school close by, ideal for the family. From Paddock Wood you are centrally located with road access to Tunbridge Wells, Tonbridge and Maidstone all with High Street shopping and again main line stations.

The property has a garage with parking to front.

We recommend internal viewing as soon as possible.

Agent Details

KHP Country Homes, Paddock Wood

01892 362255

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪