3 Bed Terraced House, Single Let, Tonbridge, TN12 6HJ, £320,000

19 Granary, Tonbridge, Kent, TN12 6HJ - 6 months ago

Auction
BTL
ROI: 5%
86 m²
+8 photos

ValuationUndervalued

Sold Prices£208.5K - £496K
Sold Prices/m²£2.9K/m² - £5.6K/m²

 

 

Square Metres

86 m²
Price/m²£3.7K/m²

Value Estimate

£379,740
BMV19%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£80,000

Stamp Duty & Legal Fees

£14,300

Total Cash In

£94,300

 

 

Cash Out

 

Rent Range

£1,550 - £2,975

Rent Estimate

£1,749

Running Costs/mo

£1,370

Cashflow/mo

£379

Cashflow/yr

£4,550

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £208.5K to £496K, average is £350K. £2.9K/m² to £5.6K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£350K02/230.01 mi17, Granary, Paddock Wood, Tonbridge, Kent TN12 6HJ3
£395K11/210.11 mi24, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6HN3
£330K06/210.12 mi3, Le Temple Road, Paddock Wood, Tonbridge, Kent TN12 6HY3
£325K11/210.12 mi34, Le Temple Road, Paddock Wood, Tonbridge, Kent TN12 6HY3
£344K11/230.12 mi26, Le Temple Road, Paddock Wood, Tonbridge, Kent TN12 6HY3
£365K12/200.12 mi2, Le Temple Road, Paddock Wood, Tonbridge, Kent TN12 6HY3
£302K08/200.12 mi19, Le Temple Road, Paddock Wood, Tonbridge, Kent TN12 6HY3
£358K12/230.17 mi47, Dimmock Close, Paddock Wood, Tonbridge, Kent TN12 6HS3
£325K10/230.17 mi27, Dimmock Close, Paddock Wood, Tonbridge, Kent TN12 6HS3
£278K05/210.21 mi30, Ballard Way, Paddock Wood, Tonbridge, Kent TN12 6HZ3
£325K04/210.21 mi33, Ballard Way, Paddock Wood, Tonbridge, Kent TN12 6HZ3
£353K11/220.21 mi9, Ballard Way, Paddock Wood, Tonbridge, Kent TN12 6HZ3
£390K10/230.21 mi2, St Andrews Close, Paddock Wood, Tonbridge, Kent TN12 6JF3
£398K07/230.21 mi31, St Andrews Close, Paddock Wood, Tonbridge, Kent TN12 6JF3
£346K08/210.24 mi36, The Shires, Paddock Wood, Tonbridge, Kent TN12 6YD3
£331K08/210.25 mi40c, Church Road, Paddock Wood, Tonbridge, Kent TN12 6HB3
£208.5K12/200.26 mi15, The Ridings, Paddock Wood, Tonbridge, Kent TN12 6YA3
£410K11/200.27 mi74, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3
£399.9K07/210.27 mi87, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3
£420K03/240.27 mi76, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JX3
£425K03/210.27 miAppletree House, Kent Close, Paddock Wood, Tonbridge, Kent TN12 6JG3
£352.5K05/210.27 mi107, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JS3
£385K02/210.27 mi80, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JS3
£440K02/240.27 mi113, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JS3
£350K12/200.28 mi37, Clover Way, Paddock Wood, Tonbridge, Kent TN12 6BQ3
£340K03/240.29 mi6, The Cedars, Paddock Wood, Tonbridge, Kent TN12 6JZ3
£422.2K12/220.37 mi147, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JP3
£439K05/210.37 mi3, Pinewood Close, Paddock Wood, Tonbridge, Kent TN12 6JN3
£415K05/210.38 mi6, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£480K04/230.38 mi4, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£480K01/240.39 mi3, Oaklea Road, Paddock Wood, Tonbridge, Kent TN12 6LB3
£330K08/230.39 mi78, Old Kent Road, Paddock Wood, Tonbridge, Kent TN12 6JE3
£350K04/230.4 mi137, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DS3
£280K09/230.4 mi125, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DS3
£470K10/230.4 mi130, Warrington Road, Paddock Wood, Tonbridge, Kent TN12 6JL3
£350K12/200.41 mi5, Forest Road, Paddock Wood, Tonbridge, Kent TN12 6JU3
£302.5K09/210.42 mi106, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DP3
£375K08/230.42 mi106, Commercial Road, Paddock Wood, Tonbridge, Kent TN12 6DP3
£465K10/230.42 mi4, The Bines, Paddock Wood, Tonbridge, Kent TN12 6LN3
£311K06/210.45 mi73, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6AE3
£255K04/210.47 mi72, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6DX3
£261K03/210.47 mi80, Maidstone Road, Paddock Wood, Tonbridge, Kent TN12 6DX3
£360K01/230.49 mi34, Mount Pleasant, Paddock Wood, Tonbridge, Kent TN12 6AG3
£355K06/210.51 mi44, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£330K03/210.51 mi40, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£290K06/210.51 mi38, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£320K12/220.52 mi37, Alliance Way, Paddock Wood, Tonbridge, Kent TN12 6TY3
£312K04/210.56 mi16, Challanger Close, Paddock Wood, Tonbridge, Kent TN12 6TZ3
£297K03/210.56 mi66, Mount Pleasant, Paddock Wood, Tonbridge, Kent TN12 6AQ3
£496K12/220.56 mi10, Northdown Close, Paddock Wood, Tonbridge, Kent TN12 6UN3

Local Rents

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

RentDateDistanceAddressBeds 
£1,89509/240.15 miHazel Close, Paddock Wood, TN123
£1,89509/240.15 mi-3
£2,15009/240.17 miBlackthorn Way, Paddock Wood3
£1,55009/240.34 miOld Kent Road, Paddock Wood, Tonbridge3
£1,59512/240.5 mi-3
£2,10009/240.53 mi-3
£1,70009/240.62 mi-3
£1,80012/240.62 mi-3
£2,00009/240.77 mi-3
£2,00009/240.77 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00009/240.77 miUtah Road, Paddock Wood, Tonbridge, TN123
£2,00002/240.77 mi-3
£2,97509/240.97 miWatermans Lane, Brenchley3

Local Area Statistics

Population in TN12

29,476

Population in Tonbridge

77,562

Town centre distance

5.48 miles away

Nearest school

0.30 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+23%

Sales demand

Buyer's market

Property History

Listed for £320,000

July 23, 2024

Sold for £320,000

2022

Sold for £227,500

2015

Sold for £215,000

2013

Sold for £215,000

2007

Sold for £60,000

1997

Sold for £59,000

1995

Floor Plans

Description

  • Buyers Fees apply - see brochure for details +
  • Spacious property, perfect for entertaining +
  • Off road parking, located in the heart of the village +
  • For sale by Modern Auction - T&C's apply +
  • Subject to an undisclosed Reserve Price +

This spacious 3 bedroom home is located in the heart of the village, with off road parking and outside summer house, as well as a large extension to the rear, this property has many features which make for the perfect first time home or investment opportunity. The garden to the rear is manageable and private, with side access and a large seating area to enjoy. Downstairs provides a diverse space with a large kitchen perfect for socialising, and 2 seperate living areas.This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, Iamsold.

Room sizes:

  • Entrance Hall
  • Lounge: 12'0 x 11'0 (3.66m x 3.36m)
  • Kitchen/Diner: 17'2 x 10'0 (5.24m x 3.05m)
  • Dining Area: 16'4 x 9'4 (4.98m x 2.85m)
  • Cloakroom
  • Landing
  • Bedroom 1: 13'8 x 9'6 (4.17m x 2.90m)
  • Bedroom 2: 9'8 x 9'5 (2.95m x 2.87m)
  • Bedroom 3: 9'4 x 7'6 (2.85m x 2.29m)
  • Bathroom: 7'5 x 6'7 (2.26m x 2.01m)
  • Off Road Parking
  • Garden  
    AUCTIONEER'S COMMENTS This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. The seller can instruct iamsold to agree a sale without a bidding process taking place or prior to a closing date. No further bids can be accepted after a buyer has paid a Reservation Fee REFERRAL ARRANGEMENTS Wards and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Wards may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you. TO VIEW OR MAKE A BID - Contact Wards _
     
    The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
     
    We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Wards, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
    _

Agent Details

Wards, Paddock Wood

01892 351089

Next Steps?

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