3 Bed Terraced House, Single Let, Tonbridge, TN12 6UP, £300,000

35 Bullion Close, Tonbridge, Kent, TN12 6UP - 9 months ago

Sold STC
BTL
ROI: 6%
~76 m²
+7 photos

ValuationUndervalued

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

 

 

Square Metres

~75.96 m²
Price/m²£3.9K/m²

Value Estimate

£312,876
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,550 - £2,975

Rent Estimate

£1,749

Running Costs/mo

£1,307

Cashflow/mo

£442

Cashflow/yr

£5,300

ROI

6%

Gross Yield

7%

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 
£325K06/230 mi5, Bullion Close, Paddock Wood, Tonbridge, Kent TN12 6UP3
£390K07/230.06 mi28, Cobbs Close, Paddock Wood, Tonbridge, Kent TN12 6UW3
£349K03/210.06 mi22, Cobbs Close, Paddock Wood, Tonbridge, Kent TN12 6UW3
£351K10/210.09 mi31, Yeoman Gardens, Paddock Wood, Tonbridge, Kent TN12 6TX3
£370K01/240.09 mi28, Yeoman Gardens, Paddock Wood, Tonbridge, Kent TN12 6TX3
£370K04/230.09 mi45, Cogate Road, Paddock Wood, Tonbridge, Kent TN12 6UD3
£325K03/240.09 mi57, Cogate Road, Paddock Wood, Tonbridge, Kent TN12 6UD3
£348K12/230.09 mi9, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UA3
£390K07/210.09 mi29, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UA3
£405K03/210.1 mi9, Northdown Close, Paddock Wood, Tonbridge, Kent TN12 6UN3
£496K12/220.1 mi10, Northdown Close, Paddock Wood, Tonbridge, Kent TN12 6UN3
£385K08/230.11 mi30, Cogate Road, Paddock Wood, Tonbridge, Kent TN12 6UE3
£425K07/210.12 mi88, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UB3
£372K06/210.12 mi28, Tutsham Way, Paddock Wood, Tonbridge, Kent TN12 6UB3
£355K06/210.13 mi44, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£330K03/210.13 mi40, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£290K06/210.13 mi38, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£320K12/220.15 mi37, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£297K03/210.15 mi66, Mount Pleasant, Paddock Wood, Tonbridge, Kent TN12 6AQ3
£312K04/210.15 mi16, Challanger Close, Paddock Wood, Tonbridge, Kent TN12 6TZ3
£255K04/210.17 mi72, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6DX3
£261K03/210.17 mi80, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6DX3
£360K05/230.17 mi5, Newton Gardens, Paddock Wood, Tonbridge, Kent TN12 6AJ3
£385K11/200.19 mi13, Bramley Gardens, Paddock Wood, Tonbridge, Kent TN12 6BD3
£370K12/230.19 mi6, Ringden Avenue, Paddock Wood, Tonbridge, Kent TN12 6EE3
£485K12/220.19 mi26, Newton Gardens, Paddock Wood, Tonbridge, Kent TN12 6AJ3
£360K01/230.2 mi34, Mount Pleasant, Paddock Wood, Tonbridge, Kent TN12 6AG3
£310K04/210.22 mi33, Ringden Avenue, Paddock Wood, Tonbridge, Kent TN12 6ED3
£311K06/210.24 mi73, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6AE3
£302.5K09/210.24 mi106, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DP3
£375K08/230.24 mi106, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DP3
£330K08/230.25 mi78, Old Kent Road, Paddock Wood, Tonbridge, Kent TN12 6JE3
£402K09/230.25 mi26, Woodlands, Paddock Wood, Tonbridge, Kent TN12 6AR3
£375K02/210.25 mi1, Woodlands, Paddock Wood, Tonbridge, Kent TN12 6AR3
£350K12/200.25 mi5, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£399.9K10/200.25 mi51, Allington Road, Paddock Wood, Tonbridge, Kent TN12 6AP3
£395K02/230.25 mi17, Woodlands, Paddock Wood, Tonbridge, Kent TN12 6AR3
£350K04/230.26 mi137, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DS3
£280K09/230.26 mi125, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DS3
£427.5K01/240.27 mi40, Ribston Gardens, Paddock Wood, Tonbridge, Kent TN12 6BA3
£415K05/210.27 mi6, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£480K04/230.27 mi4, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£470K10/230.27 mi130, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JL3
£439K05/210.28 mi3, Pinewood Close, Paddock Wood, Tonbridge, Kent TN12 6JN3
£357.5K04/210.31 mi28, Allington Road, Paddock Wood, Tonbridge, Kent TN12 6AN3
£422.2K12/220.32 mi147, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JP3
£480K01/240.33 mi3, Oaklea Road, Paddock Wood, Tonbridge, Kent TN12 6LB3
£425K03/210.39 miAppletree House, Kent Close, Paddock Wood, Tonbridge, Kent TN12 6JG3
£410K11/200.41 mi74, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3
£399.9K07/210.41 mi87, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3

Local Rents

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

RentDateDistanceAddressBeds 
£1,59512/240.18 mi-3
£2,10009/240.26 mi-3
£1,70009/240.29 mi-3
£1,80012/240.29 mi-3
£1,55009/240.32 miOld Kent Road, Paddock Wood, Tonbridge3
£2,00002/240.53 mi-3
£2,00009/240.53 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00009/240.53 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00009/240.53 mi-3
£1,89509/240.79 miHazel Close, Paddock Wood, TN123
£1,89509/240.79 mi-3
£2,15009/240.8 miBlackthorn Way, Paddock Wood3
£2,97509/241.22 miWatermans Lane, Brenchley3

Local Area Statistics

Population in TN12

29,476

Population in Tonbridge

77,562

Town centre distance

4.86 miles away

Nearest school

0.40 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Property History

Listed for £300,000

April 11, 2024

Sold for £35,000

1999

Floor Plans

Description

  • End Of Terrace House +
  • 3 Bedrooms +
  • Ideal For A First Time Buyer +
  • NO FORWARD CHAIN +
  • Off Road Parking For Approx 2 Cars +
  • Convenient Location +
  • EPC 'D' Sq Ft 818 +
  • Council Tax Band C +

This 3 bed end of terrace property is ideal for a first time buyer who is looking to get their foot on the property ladder. The property will require some TLC and would suit a buyer who is looking to put their own stamp on it. This property benefits from NO FORWARD CHAIN and further benefits from off road parking and the convenience of being walking distance to all amenities to include schools, shops and mainline station.

Agent Details

Firefly Homes, Paddock Wood

01892 362212

Next Steps?

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