This property has been taken off the market.

9 Bed House For Sale Rusthall Road, Tunbridge Wells, TN4

£1,800,000

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Last Updated: 22nd April 2024

Description

** Calling Investors, Developers & Builders ** Introducing Rustle Road: an exceptional investment and development opportunity nestled in the heart of Tunbridge Wells, Kent. This property presents a rare chance to capitalize on its prime location and unlock its full potential for lucrative returns.

Currently, the building comprises a total of 8 flats, offering a diverse range of accommodation including 5 one-bedroom units, 2 studio flats, and 1 two-bedroom apartment. With its existing setup, the property already generates substantial rental income and represents a solid investment opportunity.

However, the true allure of Rustle Road lies in its potential for further development. A previous planning scheme (Application Reference: 07/03328/FULMJ) proposed an additional 6 flats, indicating the possibility to expand and maximize the site's capacity. This presents an exciting opportunity for savvy investors and developers to enhance the property's value and increase its income potential.

Moreover, for those with a bold vision, the option to demolish the existing building and embark on a substantial redevelopment project is also on the table. Whether for residential purposes or more specialized ventures, Rustle Road offers a blank canvas for creativity and innovation.

Here's a breakdown of the current schedule of accommodation:

Flat 1: 47.93m²
Flat 2 (Studio): 36.05m²
Flat 3: 44.51m²
Flat 4: 46.15m²
Flat 5: 40m²
Flat 6: 50.55m²
Flat 7: 54.18m²
Flat 8: 21.69m²

With its prime location, existing rental income, and significant development potential, Rustle Road is a compelling proposition for investors and developers looking to make their mark in Tunbridge Wells' thriving property market.

Don't miss out on this extraordinary opportunity to shape the future of Rustle Road. Contact us today to arrange a viewing and explore the endless possibilities that await.



Disclaimer

Please note that while every effort has been made to ensure the accuracy of the information provided in our marketing materials regarding the property, we cannot guarantee its completeness or correctness. Any details, descriptions, dimensions, or other information provided are intended as general guidance only and should not be relied upon as precise representations of the property. We accept no liability for any errors, omissions, or inaccuracies in the marketing materials, and prospective buyers are encouraged to conduct their own independent verification of any information provided before making any decisions or commitments. Viewing of the property is recommended to fully appreciate its features and condition

Tenure: Freehold
Agent Details
Milestone Group
39-41 Seaside, Eastbourne, BN22 7NB

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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