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Rusthall Road, Tunbridge Wells

£1,500,000
Milestone Group, Eastbourne
PROPERTY TYPE

Land

BEDROOMS

9

BATHROOMS

9

SIZE

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Key features

  • Development Potential STPP
  • Freehold Block of 8 Self Contained Flats
  • Previous Planning Sought for 6 Additional Flats

Description

Purchase Type: Unconditional

Tenure: Freehold

Type: Freehold Block of 8 Flats

** 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 6 one-bedroom units, 1 studio flats, and 1 two-bedroom apartment. With its existing setup, the property is able to generate an exceptional return.

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

Brochures

Brochure

Rusthall Road, Tunbridge Wells

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Tunbridge Wells Station1.3 miles
  • High Brooms Station2.1 miles
  • Frant Station3.4 miles

About Milestone Group, Eastbourne

39-41 Seaside, Eastbourne, BN22 7NB
Industry affiliations:Industry affiliation logo 0

Milestone Sales & Lettings The Low Cost Hight Service Agency of tomorrow.

Notes

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Disclaimer - Property reference RS0756. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Milestone Group, Eastbourne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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