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See how verdicts work3-bedroom detached house · TN21 0TZ
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERS INVITED - IN NEED OF MODERNISATION - NO CHAIN - Set in HALF AN ACRE gardens backing onto open fields with RURAL VIEWS.
An opportunity to modernise, improve and extend a 1950's chalet bungalow in a fabulous location.
This detached property currently comprises two double bedrooms on the first floor, one of which has a study off, which could become an en suite shower room.
On the ground floor is an entrance lobby straight into an open plan sitting/dining room (originally two rooms) . There is another double bedroom, bathroom and kitchen.
The Kitchen is a nice square room with two built-in larder cupboards and a further cupboard housing the hot water cylinder.
The units are basic but functional, with stainless steel sink unit and electric cooker point. A porch to the rear has a deep cupboard housing the washing machine and tumble dryer.
The house does benefit from double glazed windows throughout. Services: Oil fired central heating. Non compliant cess pit. Mains water and electricity.
Outside: The house sits in the middle of the half an acre plot and therefore can be extended in any direction as well as up (subject to planning permission) without encroaching on neighbours.
Double wrought iron gates lead to the driveway and INTEGRAL SINGLE GARAGE with up and over door and electrics. There are some large sheds which are in need of work but useful initially.
The garden is level with a hedge separating it from the adjoining fields. A small area of woodland, brick built barbeque and small patio abuts the back of the house.
The garden faces South but benefits from the sun at all times.
The house is on a narrow, quiet country lane, not used as a cut through to anywhere but links into the villages of Five Ashes and Mayfield.
The centre of Five Ashes with its primary school, private preparatory school, pub and community centre is 2.5 miles.
Mayfield is 3.2 miles and has a wider selection of boutique shops, primary school, private secondary girls school and various clubs and facilities along with two pubs.
Heathfield is a market town and is 3.4 miles distant. Here there are three supermarkets and a wider range of shops and amenities. Primary schools and secondary school.
Cross in Hand is only 1.7 miles and has a gym with swimming pool, a rugby and tennis club, petrol station with shop attached.
Bus services run along the main road to the adjacent villages and onto Tunbridge Wells and Eastbourne. The nearest main line station is at Buxted, 5.6 miles.
Directions: Proceeding north on the A267, pass through Cross in Hand. After 0.3 of a mile turn right into Meres Lane. Continue passing Frog Hole Lane.
After this the property will be found on the right hand side. Agents Note: Please note that these details have been prepared as a general guide and do not form part of a contract.
We have not carried out a detailed survey, nor tested the services, appliances and specific fittings. Room sizes are approximate and should not be relied upon.
Any verbal statements or information given about this property, again, should not be relied on and should not form part of a contract or agreement to purchase.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Meres Lane, Cross in Hand, East Sussex, TN21 0TZ
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