3 Bed Semi-Detached House, Single Let, Tonbridge, TN12 6DL, £350,000

6 Lucknow Road, Tonbridge, Kent, TN12 6DL - 10 months ago

Sold STC
BTL
ROI: 3%
~95 m²
+11 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,550 - £2,150

Rent Estimate

£1,724

Running Costs/mo

£1,459

Cashflow/mo

£265

Cashflow/yr

£3,180

ROI

3%

Gross Yield

6%













Local Rents

12 rents from £1.6K/mo to £2.1K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,70009/240.26 mi-3
£1,80012/240.26 mi-3
£2,10009/240.27 mi-3
£1,55009/240.36 miOld Kent Road, Paddock Wood, Tonbridge3
£1,59512/240.38 mi-3
£2,15009/240.61 miBlackthorn Way, Paddock Wood3
£1,89509/240.65 miHazel Close, Paddock Wood, TN123
£1,89509/240.65 mi-3
£2,00009/240.98 mi-3
£2,00009/240.98 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00009/240.99 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00002/240.99 mi-3

Local Area Statistics

Population in TN12

29,476

Population in Tonbridge

77,562

Town centre distance

5.06 miles away

Nearest school

0.50 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Property History

Listed for £350,000

April 6, 2024

Sold for £250,000

2019

Floor Plans

Description

  • Well Presented Throughout +
  • Semi-detached Cottage +
  • Three Bedrooms +
  • Newly Fitted Kitchen with built in appliances +
  • Newly Fitted Bathroom +
  • Walking Distance To Shops & Main Line Station +
  • Low Maintenance South Facing Garden +
  • Outbuilding with Lights & Power +
  • Viewing Recommended +

A STUNNING SEMI-DETACHED PERIOD COTTAGE WITHIN WALKING DISTANCE OF LOCAL AMENITIES AND MAINLINE STATION

Are you looking for a good size character home offering over 1000 square feet of accommodation, making it bigger than most of its counterparts in this price range?

As you can see from the photos, the property has been well maintained and updated throughout by the current vendor. The cottage combines character and period features with modern design aspects that are essential for everyday living.

This spacious and well-appointed period home offers accommodation over two floors, including two reception rooms. The kitchen with its modern units and built in dishwasher, washer/dryer, fridge/freezer, hob and oven, tastefully compliments the style of the home and opens to the dining room making it ideal for entertaining, with bi-folding doors leading out onto the South facing garden. To the first floor, there are three good sized bedrooms which are served by a bathroom which is located on the ground floor.

Externally, there is a well presented, low maintenance south facing garden with a beautiful outbuilding with light and power - currently used as a Bar for entertaining.

Paddock Wood is a desirable small town which provides big brand shops as well as small local businesses and secondary and primary schools. The property is well located for those who need to commute as it is close to the mainline station with fast links to London Bridge and Charing Cross. There is also the excellent 'A' road network which provides easy access to the M20/A21 and beyond. Paddock Wood lies between the larger towns of Tonbridge and Tunbridge Wells, with its larger shopping amenities and grammar and private schooling.

There are many other features to this property and the location so why not take this chance to view and see for yourself?

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 💪

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