2 Bed Bungalow, Single Let, Cranbrook, TN17 1AT, £370,000

Balcombes Hill, Goudhurst, TN17 1AT - 2 months ago

Sold STC
BTL
~68 m²
+13 photos

ValuationOvervalued

Sold Prices£200K - £585K
Sold Prices/m²£2.9K/m² - £6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£5.4K/m²

Value Estimate

£286,221

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£92,500

Stamp Duty & Legal Fees

£18,300

Total Cash In

£110,800

 

 

Cash Out

 

Rent Range

£825 - £3,750

Rent Estimate

£931

Running Costs/mo

£1,362

Cashflow/mo

£-431

Cashflow/yr

£-5,177

Gross Yield

3%

Local Sold Prices

15 sold prices from £200K to £585K, average is £279K. £2.9K/m² to £6K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£425K09/210.05 miEight Bells Barn, Back Lane, Goudhurst, Cranbrook, Kent TN17 1AN2
£279K05/210.1 mi15, Mary Days, Goudhurst, Cranbrook, Kent TN17 1BA2
£200K12/200.1 mi3, Mary Days, Goudhurst, Cranbrook, Kent TN17 1BA2
£235K02/210.13 mi1, Church Road, Goudhurst, Cranbrook, Kent TN17 1BH2
£248.5K12/200.24 mi3, Lurkins Rise, Goudhurst, Cranbrook, Kent TN17 1ED2
£310K04/210.45 mi8, Beresford Road, Goudhurst, Cranbrook, Kent TN17 1DN2
£285K10/201.97 mi1, Olivers Court, Horsmonden, Tonbridge, Kent TN12 8BZ2
£585K11/202.08 miWinchet Coach House, Winchet Hill, Goudhurst, Cranbrook, Kent TN17 1JX2
£272K07/222.21 mi13, Beresford Close, Kilndown, Cranbrook, Kent TN17 2SB2
£295K05/232.33 mi24, Morley Drive, Horsmonden, Tonbridge, Kent TN12 8JD2
£320K06/232.33 mi11, Morley Drive, Horsmonden, Tonbridge, Kent TN12 8JD2
£280K04/232.88 mi6, Hartley Court Gardens, Cranbrook, Kent TN17 3QY2
£230K11/202.89 mi18, Campion Crescent, Cranbrook, Kent TN17 3QJ2
£275K02/232.89 mi24, Campion Crescent, Cranbrook, Kent TN17 3QJ2
£265.5K07/222.89 mi17, Campion Crescent, Cranbrook, Kent TN17 3QJ2

Local Rents

12 rents from £825/mo to £3.8K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£92509/240.05 miBalcombes Hill Goudhurst TN17 1AT1
£3,75006/240.28 mi-4
£1,35002/250.45 mi-1
£2,50011/240.75 mi-3
£1,39509/240.76 miPeasley Lane, Goudhurst2
£2,60009/240.78 miPeasley Lane, Goudhurst4
£2,89509/241.2 miBedgebury Road, Goudhurst, Cranbrook, Kent, TN174
£2,59509/241.93 miWinchet Hill, Goudhurst, Cranbrook, Kent, TN175
£2,60003/251.96 mi-5
£1,79509/241.96 miOlivers Court, Horsmonden, TN12 8BZ2
£95002/242.2 mi-1
£82509/242.3 miThe Heath, Horsmonden1

Local Area Statistics

Population in TN17

14,414

Population in Cranbrook

21,031

Nearest school

0.40 miles away

Nearest train station

4.57 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Listed for £370,000

January 30, 2025

Floor Plans

Description

Whether you're looking for a peaceful retreat or a place to call home, The Bungalow offers the ideal opportunity to embrace countryside living without compromising on convenience. Contact us today to arrange a viewing and start your journey towards your dream home.

More Detailed Description: - The front door leads into the entrance lobby with a further door opening into the hallway. The sitting room leads out to the south-facing garden. There is a large kitchen/dining room with a further door to the side garden. The large main bedroom has an ensuite shower room, the second bedroom is also a double room. There is a very large wet room, with a WC and hand basin.

The south-facing garden is separated into two distinct areas, with shrubs and a small area of grass, and a paved area including the pond (without any water) which was an original feature of the garden to The Old Parsonage, from which there are fantastic far reaching views. Private parking for 1/2 cars.

Just completely redecorated inside and outside. The heating is provided via radiators and an electric boiler.

EPC Rating E. Council Tax band D - £2064.42

Agent Details

Coles Group, Maidstone

01622 943962

Next Steps?

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