Springfield Road, Tunbridge Wells, TN4
HA

Springfield Road, Tunbridge Wells, TN4

By Hamptons Sales

£ 200,000

Reviews

2 out of 5 stars

Hamptons Sales says ..

Semi-detached Victorian house for renovation

Property Oracle says ..

This property in Southborough, Tunbridge Wells, presents a mixed bag. The location is a major plus, offering easy access to highly-rated schools and train stations. However, the condition of the house is clearly a significant concern. The photographs show it to be in need of extensive renovation, with outdated fixtures, cosmetic damage, and a need for an overall upgrade. The small size of the garden area is an additional element. The property’s list price of £200,000 requires careful consideration due to the necessary renovations. Buyers should approach this property as a project, weighing up the potential for future value against the substantial investment required. Comparative analysis is difficult given the lack of square footage data for nearby properties. Potential buyers will need to carefully consider the associated costs of refurbishment alongside the overall cost of the property. It’s recommended to obtain a full structural survey and detailed cost estimates before making any purchase decision. The proximity to excellent schools is a considerable draw, particularly for families with children, potentially balancing the renovation challenges. It may be beneficial for investors to complete the project before reselling if aiming for the best possible return.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
2
Bathrooms
1
Sqft (est)
687.81

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
669,167.00 £
Increased by 10.99 %
from 602,925.00 £
Est sale value
365,227.11 £
Decreased by 28.82 %
from 513,106.26 £
Average area rental value
2,188.00 £/mo
Increased by 27.06 %
from 1,722.00 £/mo
Est letting value
687.81 £/mo
Decreased by 50.00 %
from 1,375.62 £/mo
Est rental Yield
3.92 %
Increased by 14.29 %
from 3.43 %
Crime Rate
14.00 %
Unchanged by 0.00 %
from 14.00 %

Agent Activity

  • Hamptons Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Two Bridges SchoolPupil Referral UnitOutstanding0.41 KM
St Gregory'S Catholic SchoolAcademy Converter0.69 KM
Southborough Children'S CentreChildren's Centre0.75 KM
Southborough Cofe Primary SchoolVoluntary Controlled SchoolGood0.78 KM
Tunbridge Wells Grammar School For BoysCommunity SchoolGood0.81 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Springfield Road £ 475,00000.00 KM
Doric Close £ 500,00000.00 KM
Tanyard Lane £ 537,50000.00 KM
Argyle Road £ 895,00000.00 KM
Manor Road £ 350,00000.00 KM

Nearby Transport

NameNLCTLCDistance
High Brooms5235HIB2.28 KM
Tunbridge Wells5230TBW3.09 KM
Tonbridge5229TON4.00 KM
Leigh (Kent)5294LIH6.66 KM
Frant5218FRT7.18 KM

Nearby Listings

AddressPriceTypeScoreDistance
Meadow Road, Tunbridge Wells, TN4 £ 385,000BUY6 / 100.06 KM
Springfield Road, Southborough £ 365,000BUYUnknown0.07 KM
Meadow Road, Southborough, Tunbridge Wells £ 300,000BUY6 / 100.08 KM
Springfield Road, Tunbridge Wells, TN4 £ 410,000BUY6 / 100.08 KM
Springfield Road, Tunbridge Wells, Kent, TN4 £ 375,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
12 Meadow Road £ 425,0000.05 KM
6 Meadow Road £ 242,0000.05 KM
16 Meadow Road £ 267,0000.05 KM
11 Springfield Road £ 230,0000.05 KM
59 Springfield Road £ 194,0000.07 KM