4 Bed Bungalow, Single Let, Cranbrook, TN17 3AL, £500,000

Bakers Cross Cottage, Dorothy Avenue, Cranbrook, Kent, TN17 3AL - a month ago

Under Offer
BTL
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£310K - £1.4M
Sold Prices/m²£3.1K/m² - £6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.9K/m²

Value Estimate

£551,386
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£125,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£153,700

 

 

Cash Out

 

Rent Range

£1,250 - £2,750

Rent Estimate

£1,319

Running Costs/mo

£1,846

Cashflow/mo

£-527

Cashflow/yr

£-6,328

Gross Yield

3%

Local Sold Prices

31 sold prices from £310K to £1.4M, average is £585K. £3.1K/m² to £6K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£595K09/220.01 miCherry Cottage, Dorothy Avenue, Cranbrook, Kent TN17 3AL4
£420K01/230.01 miMill Brook, Dorothy Avenue, Cranbrook, Kent TN17 3AL4
£465K04/230.08 mi13, Frythe Close, Cranbrook, Kent TN17 3AX4
£585K01/210.12 miOrchard Lodge, Dorothy Avenue, Cranbrook, Kent TN17 3AY4
£590K03/230.13 miHawthorns, Dorothy Avenue, Cranbrook, Kent TN17 3AY4
£535K12/220.15 miCorner House, The Hill, Cranbrook, Kent TN17 3AD4
£375K02/230.18 mi25, Frythe Way, Cranbrook, Kent TN17 3AS4
£410K08/220.23 mi19, Turner Avenue, Cranbrook, Kent TN17 3BX4
£310K01/240.28 mi61, Frythe Way, Cranbrook, Kent TN17 3AT4
£1.4M03/210.31 miThe Garden House, High Street, Cranbrook, Kent TN17 3EN4
£575K12/200.47 miMerrydown, Rope Walk, Cranbrook, Kent TN17 3DZ4
£680K09/230.55 miMaryville, Causton Road, Cranbrook, Kent TN17 3ER4
£590K08/230.56 mi8, Joyce Close, Cranbrook, Kent TN17 3LZ4
£605K06/210.56 mi44, Joyce Close, Cranbrook, Kent TN17 3LZ4
£370K12/200.58 mi27, Oatfield Drive, Cranbrook, Kent TN17 3NG4
£442K08/220.6 mi3, Wheatfield Lea, Cranbrook, Kent TN17 3ND4
£475K03/230.63 mi8, Wheatfield Drive, Cranbrook, Kent TN17 3LU4
£650K12/200.68 miSummerfold, Angley Road, Cranbrook, Kent TN17 2PL4
£805K05/210.69 miRocklands, High Street, Cranbrook, Kent TN17 3LH4
£350K01/210.69 mi12, Goddards Close, Cranbrook, Kent TN17 3LJ4
£855K12/220.7 miCorbins, Angley Road, Cranbrook, Kent TN17 2PL4
£425K06/210.7 mi13, Goddards Close, Cranbrook, Kent TN17 3LJ4
£933K09/230.71 miMeadow Barn, Course Horn Lane, Cranbrook, Kent TN17 3NR4
£1.1M07/230.71 miGrey Feather Barn, Course Horn Lane, Cranbrook, Kent TN17 3NR4
£525K09/230.72 miLynden, Angley Road, Cranbrook, Kent TN17 2PG4
£465K10/200.72 miWoodlea, Angley Road, Cranbrook, Kent TN17 2PG4
£840K07/230.72 miFielden, Angley Road, Cranbrook, Kent TN17 2PG4
£810K06/210.74 miWeavers Holt, Waterloo Road, Cranbrook, Kent TN17 2EU4
£391.5K06/230.76 mi15, Angley Road, Cranbrook, Kent TN17 3LR4
£717.5K11/200.86 miHillersden, Orchard Way, Cranbrook, Kent TN17 3LN4
£995K06/210.87 miWeavers, Golford Road, Cranbrook, Kent TN17 3NT4

Local Rents

12 rents from £1.3K/mo to £2.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65010/230.11 mi-4
£1,50009/240.17 mi-4
£1,50008/240.2 mi-4
£1,30002/230.2 mi-4
£1,25009/240.26 miWaterloo Road, Cranbrook, Kent, TN173
£1,65012/240.28 mi-3
£1,65009/240.28 mi-3
£1,80007/240.29 mi-4
£1,35009/240.46 miRope Walk, Cranbrook3
£2,75010/240.53 mi-4
£2,40005/240.54 mi-4
£2,20009/240.56 miJoyce Close, Cranbrook4

Local Area Statistics

Population in TN17

14,414

Population in Cranbrook

21,031

Nearest school

0.30 miles away

Nearest train station

5.45 miles away

 

 

Rental growth (12m)

+27%

Sales demand

Buyer's market

Capital growth (5yrs)

+5%

Property History

Listed for £500,000

February 15, 2025

Floor Plans

Description

Description

A well-presented detached 4 bedroom bungalow located in a popular residential location within walking distance of the bustling Cranbrook High Street. The property has the additional benefit of a detached brick building which could be used as a studio / study or games room. In addition to the 4 bedrooms, there is a good size sitting /dining room which is semi-open plan to the kitchen. There is also a good size family bathroom and store room with loft access to the partially boarded out attic space. One of the bedrooms to the rear could be utilised as a secondary reception space as it has direct access to the rear decking overlooking the garden.

Situation

Located in a sought after location in the picturesque, and historic market Town of Cranbrook. Within easy distance of the centre and all its associated amenities including a variety of independent shops, cafes, restaurants, doctor's surgeries, schooling, banking, dentists, a public house, and recreational facilities including parks, and a leisure centre. There is access to a number of local attractions including Cranbrook Museum, the town's noted landmark the Union Windmill, Sissinghurst Castle and local vineyards. The A21 and A229 road networks give access to the M25 for Gatwick and Heathrow airports, and the M20 to Dover and Ashford International Station. Staplehurst mainline station is about 5 miles and offers services to London (the journey taking about 1 hour) and Ashford International. Set within the favoured Cranbrook School Catchment Area.

Directions

From our office proceed down the High Street and bear round to the right onto Stone Street, then right on The Hill. Proceed up The Hill, past the windmill and take the second on the right, Dorothy Avenue and the property can be found after a short distance on the left.

Ground Floor Accommodation

Main door into Living / Dining Room:- Two large double glazed windows to side and one to the front. Open fireplace with wooden surround, radiators and carpeted floor. Semi-open to:

Kitchen:- Equipped with a comprehensive range of cream wall, base and drawer units with ample worktops, built in oven with gas hob and extractor above. Sink and drainer unit with double window to front. Further window to side. Wood effect laminate flooring.

Store Cupboard:- With access to the mostly boarded and insulated loft with light and pull down ladder.

Family Bathroom:- White suite comprising of low level WC, pedestal wash hand basin, and bath with shower attachment. Heated towel rail, wood effect laminate flooring, part tiled walls and frosted windows to the side.

Bedroom:- a bedroom with window to side, carpet and a radiator

Bedroom:- a double room with window to side, carpet and a radiator.

Bedroom:- a double room with window to rear, carpet and a radiator.

Bedroom:- a double room with windows and glass door to the decking at the rear, carpet and a radiator.

Externally

There is parking either side of the house for 2 cars (1 each side) and access to the rear deck and garden from either side. Access to the studio / office is accessed to the left hand side.

Rear Garden:- Decking extends across the back of the house offering space for entertaining. The rest of the garden is laid to lawn with mature hedges and bushes.

Agents Note: - Tunbridge Wells Borough Council. Tax Band E. In line with money laundering regulations (5th directive) all purchasers will be required to allow us to verify their identity and their financial situation in order to proceed. The property is serviced by mains gas, electricity, water and drainage.

Council Tax Band: E
Tenure: Freehold

Agent Details

LeGrys Independent Estate Agents, Cranbrook

01580 712500

Next Steps?

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