# 2 bedroom terraced house for sale (TN3 0PQ) ## Property Details | Key | Value | |-----|-------| | Address | 2, NORTHFIELD HOUSE, PENSHURST ROAD, TUNBRIDGE WELLS, SPELDHURST, KENT TN3 0PQ | | Price | £300,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | TBC | | Last sold | £288,000 Mar 2025 | ## Description Guide price £300,000 - £325,000. Freeman Forman are delighted to present this two bedroom, mid terrace period cottage, located in the heart of the popular Village of Speldhurst. The property offers immaculately presented accommodation, a south facing front courtyard garden and is available with no onward chain. Viewing advised. Accommodation: The ground floor includes an entrance hall, open plan living/dining room, with understairs storage and a well appointed kitchen. Stairs rise from the entrance hall to the first floor landing, offering access to the two bedrooms and bathroom which is fitted with a white suite. The property has a gas fired central heating system. Outside: To the front of the property is a south facing courtyard garden, offering an ideal space to sit outside during those warmer months. Location: The property is found in the heart of the sought-after village of Speldhurst, within close proximity of the highly regarded Church of England Primary School, and close to the imposing and handsome St Mary’s Church and within a short walk of 13th Century Inn, The George and Dragon 'gastro' pub. The village offers good local amenities with the Speldhurst Community Shop, Bus service, GP Surgery, Pharmacy, Post Office, Village Hall and Recreation ground, home to many local clubs and groups including the long running local football and cricket teams and enjoys access to many countryside walks and cycle routes. Speldhurst lies about 4 miles to the north west of Tunbridge Wells with its extensive shopping and recreational facilities and mainline station, the village is also within very convenient reach of the nearby towns of Tonbridge and Sevenoaks. ## Property Photos - ![Picture No. 18](/listings/photos/157159406/378679) - Picture No. 18 - ![Picture No. 10](/listings/photos/157159406/378680) - Picture No. 10 - ![Picture No. 14](/listings/photos/157159406/378681) - Picture No. 14 - ![Picture No. 07](/listings/photos/157159406/378682) - Picture No. 07 - ![Picture No. 03](/listings/photos/157159406/378683) - Picture No. 03 - ![Picture No. 17](/listings/photos/157159406/378685) - Picture No. 17 - ![Picture No. 11](/listings/photos/157159406/378686) - Picture No. 11 - ![Picture No. 09](/listings/photos/157159406/378687) - Picture No. 09 - ![Picture No. 08](/listings/photos/157159406/378688) - Picture No. 08 - ![Picture No. 05](/listings/photos/157159406/378691) - Picture No. 05 - ![Picture No. 12](/listings/photos/157159406/378692) - Picture No. 12 - ![Picture No. 06](/listings/photos/157159406/378693) - Picture No. 06 - ![Picture No. 04](/listings/photos/157159406/378696) - Picture No. 04 - ![Picture No. 13](/listings/photos/157159406/378697) - Picture No. 13 - ![Picture No. 19](/listings/photos/157159406/378698) - Picture No. 19 ## Floorplans - ![Floorplan](/listings/photos/157159406/378699) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/157159406/378701) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | NORTHFIELD HOUSE 2 PENSHURST ROAD, SPELDHURST, TUNBRIDGE WELLS, KENT, TN3 0PQ | £288,000 | 31/03/2025 | Terraced | | NORTHFIELD HOUSE 2 PENSHURST ROAD, SPELDHURST, TUNBRIDGE WELLS, KENT, TN3 0PQ | £183,000 | 11/07/2012 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 20 NORTHFIELDS, SPELDHURST, TUNBRIDGE WELLS, KENT, TN3 0PN | £340,000 | 23/10/2023 | Terraced | | 8 NORTHFIELDS, SPELDHURST, TUNBRIDGE WELLS, KENT, TN3 0PL | £589,000 | 21/06/2023 | Terraced | | [Same street] PORTLAND VILLA 2 PENSHURST ROAD, SPELDHURST, TUNBRIDGE WELLS, KENT, TN3 0PQ | £600,000 | 24/08/2022 | Semi-detached | | [Same street] RAGSTONES PENSHURST ROAD, SPELDHURST, TUNBRIDGE WELLS, KENT, TN3 0PQ | £1,165,000 | 07/12/2021 | Detached | **Street average:** £882,500 (2 sales) **Area average:** £464,500 (2 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £325,000 (2 Terraced, TN3, 2024–2026) - **Deviation:** -7.7% ## Rental Range *ONS Price Index of Private Rents (Tunbridge Wells). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,358/mo - **Realistic:** £1,509/mo - **Optimistic:** £1,660/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for High Weald (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,072/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Flat, Bentham Hill House, TN3 | £1,825/mo | 2 | 1.1 miles | OpenRent | **Average rent: £1,825/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.61% (weak for cashflow) - **Max investor price (0.8%):** £228,125 - **Target investor price (1%):** £182,500 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,825/mo).* - **Gross yield:** 7.3% - **Cost-to-rent:** 13.7× - **Monthly cashflow:** £436/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 6% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## House Price Index (HM Land Registry) *Official index for Tunbridge Wells; Terraced series; as of March 2026.* - **1y growth (index):** 3.2% - **5y growth (index):** 12.4% - **10y growth (index):** 33.4% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)