Land Adjacent, 16 Westbrook Terrace, Tunbridge Wells, Kent, TN2 5BP

Description

Description Town & Country Property Auctions are delighted to offer For Sale by Public Auction this secluded Parcel Of Land situated within an established residential area, currently laid mainly to grass with mature trees and established boundary screening. Outline planning permission was previously granted for the erection of a single dwelling under reference 22/02585/OUT, with all reserved matters comprising access, appearance, landscaping, layout and scale subsequently approved under reference 26/01173/REM. The development must be carried out in accordance with the approved plans and subject to the conditions contained within both decision notices. Access to the site is currently strictly pedestrian. Limited access for small plant or machinery may be possible; however, purchasers must undertake their own investigations and satisfy themselves as to the suitability and practicality of all access arrangements required for construction. An area of unrestricted on-street parking is situated a short walk from the site. The land is secure and all site visits must be arranged with us in advance. The property will be entered into our 9th September 2026 auction which is held online and starts at 8am. You must register to bid and download the legal pack. PROPERTY FEATURES . On Street Parking . 28 Day Completion . Secluded Parcel Of Land . Established Residential Location . Planning Approved For A Single Dwelling . Reserved Matters Approved . Mature Trees And Established Boundary Screening . Secure Site With Pedestrian Access Only VIEWING ARRANGEMENTS We will be holding viewing slots, please call us on 02380 179324. The property is available for viewing immediately. Please contact Town & Country Property Auctions for more information and to register for the auction. The auction will be held online, and registration is now open. Tenure Freehold

Location

Land Adjacent, 16 Westbrook Terrace, Tunbridge Wells, Kent, TN2 5BP

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Development. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

• Verify planning status, access, services and development constraints

HB initial works allowance: £15,000–£40,000. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £67,500–£100,000. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

A standard residential BRRR refinance is not the primary strategy. Appraise development costs, planning, professional fees, finance and completed-unit GDV separately.

Flip Analysis

HB's broad indicative developed/value-add range is £67,500–£100,000, but development profit must be calculated only after build costs, professional fees, finance, planning obligations and sales costs.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

• Verify planning, access, services, CIL/S106 and development constraints

Recommendation

Initial recommendation: Development. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Development: ★★★★☆ | Resale: ★★★☆☆ | Buy-to-Let: ★☆☆☆☆