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See how verdicts work9-bedroom detached house · TN20 6PP
For saleListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £1,800,000 - £1,950,000** An exceptional Grade II listed period home in a superb, sought after rural position with spacious accommodation, beautiful period features, range of outbuildings, swimming pool, mature gardens and paddock; in all about 6.46 acres.
Further land available by separate negotiation.
Description Lakestreet Manor is a fine period Grade II listed property with excellent room proportions with good ceiling heights, versatile bedroom accommodation, and a wealth of period features throughout, including impressive fireplaces, exposed oak timbering, floorboards and doors, and leaded light windows.
It is understood that the house dates back to the 16th Century with later additions and alterations, and is now available for the first time in 45 years.
The house, which is now in need of some modernisation, is positioned in a sought-after semi-rural location, with wonderful views across the surrounding countryside and yet within easy reach of Mayfield village.
The property is part timbered in construction with rendered panels, tile hanging and part brick elevations under a tiled roof.
The main features of the property include: • Attractive oak door into entrance porch with oak flooring, pitched ceiling and leaded light window to one side, leading on to a stunning Reception Hall.
This impressive and spacious room has a galleried landing and part vaulted full height ceiling; beautiful wide oak staircase leading to the first floor landing.
Finished with oak flooring and partly exposed stone walls, there is an open fireplace creating a welcoming feel to the room and the house.
• The spacious Drawing Room is finished with an oak floor and is triple aspect affording excellent natural light.
There is an inglenook open fireplace with flagstone hearth and bressummer beam and a door leading directly into the Dining Room.
• The Dining Room, which is dual aspect and an excellent size, can also be accessed from the main reception hall and benefits further with direct access out to the terrace and gardens; finished with wooden flooring and exposed ceiling beams, together with a most impressive inglenook fireplace of brick and stone, with an open fire and flagstone hearth.
• Adjacent to the Dining Room and accessed from the Reception Hall is the Kitchen/Breakfast room which is dual aspect.
There is a range of wall and base units, together with an oil-fired Aga, and a breakfast/eating area to one end.
There is a useful, good-sized storage/crockery cupboard and a utility room, with a further door leading to a rear lobby with a boot room, store and WC.
• On the first floor, from the galleried landing and further inner landings, there are a range of bedrooms.
The spacious Principal Bedroom is dual aspect and superbly placed to take advantage of the wonderful long southerly countryside views towards Mayfield village.
• On this floor there are four further bedrooms, one of which is a good-sized double with countryside views and a stone fireplace with bressummer beam, and three smaller bedrooms.
Bedroom 5, also positioned to the front of the house, has been used as a Study, and has a feature brick fireplace. There are two family bathrooms on the first floor.
• A latched oak door and staircase leads up to the second floor, which benefits from four additional and versatile bedrooms and a further bathroom.
There is also an accessible eaves space accessed from bedroom 7.
Outside From the gated entrance there is a generous parking and turning area adjacent to a useful detached brick outbuilding comprising three separate areas – garden store, log store and triple garage, together with a further detached timber outbuilding providing a workshop, changing room, gym space and plant room.
Lakestreet Manor sits comfortably with its beautiful gardens which wrap around the house.
The gardens are well-established and predominantly laid to expanses of lawn, with an array of mature shrubs, plants, stocked flower beds and specimen trees; in all about 1.16 acres.
There is a delightful, walled, sunken rose garden and pond on the south elevation together with a York stone terrace.
The swimming pool is discreetly tucked away within its own sheltered, walled area with paved sun terrace.
To the north of the garden, there is access to a good-sized paddock with a pond which measures approx. 5.3 acres.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
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