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See how verdicts work3-bedroom detached house · TN31 6YJ
For saleReduced £50k (−8.3%) on 25 OctListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is one of the prettiest thatched cottages I have had the pleasure of marketing -- Sarah Holgate, Associate Director.
#TheGardenOfEngland No Chain A charming Grade II Listed thatched cottage retaining a wealth of period features and with heated swimming pool, garage with studio above, garden and off road parking.
All within an extremely desirable village location. The Old Thatch is located on the outskirts of the much favoured village of Peasmarsh. Peasmarsh is a village located in the county of East Sussex.
It's situated near the town of Rye and is part of the civil parish of Peasmarsh.
The village has a rural charm with picturesque countryside surroundings and is known for its quaint cottages, historic buildings, and peaceful atmosphere.
One notable feature of Peasmarsh is its parish church, St. Peter and St. Paul, which dates back to the 13th century and showcases beautiful architecture and stained glass windows.
Peasmarsh is also home to a variety of amenities and facilities, including a village hall, primary school, and local shops and pubs including Jempsons supermarket and Tillingham vineyard hotel and restaurant.
Its proximity to the coast makes it an attractive destination for visitors seeking a tranquil retreat in the English countryside, while still being within reach of coastal attractions and activities.
The village has a strong sense of community, with residents actively participating in local events and initiatives.
It offers a peaceful and idyllic lifestyle for those looking to escape the hustle and bustle of city living while enjoying the natural beauty of the Sussex countryside.
The Ancient Town and Cinque Port of Rye with wider facilities are only 4.4 miles away including a train station with connections to Eastbourne and Ashford International.
The train services from Ashford International station provide Eurostar services to the Continent and high speed trains to London St. Pancras in just 37 mins.
Old Thatch This is an extremely fine example of a Grade II Listed thatched cottage, originally built in the 16th Century with later 17th Century additions.
At some point in it’s history it was owned by a skilled carpenter, remnants of which can be appreciated in the wood panelling/dining room (affectionately known as the carpenters room).
The property is constructed of part brick and part weatherboard with timber frame plaster infill gable ends and feature catslide roof to the rear (where the kitchen is located).
The thatch was renewed in 2022 and the property has been much loved and restored over the years retaining many of the original features including inglenook fireplaces, quarry tiles and beams.
Alongside the history, modern conveniences include gas central heating, secondary glazing, fibre optic wifi and USB charge points.
On the ground floor there is an entrance vestibule to the side which leads you into the spacious study area/sitting room with feature inglenook fireplace and quarry tiled flooring.
Just beyond here is the dining room with feature beams, wood panelling and inglenook fireplace with wood burning stove.
The kitchen is well equipped with painted wall and base units, granite work surfaces, Rangemaster professional oven, butler sink and integrated appliances including washing machine, dishwasher and fridge/freezer.
There is also a stable door (currently used as the main entrance).To complete the ground floor is a shower room with feature Victorian style w/c and wash basin together with a walk in shower.
There are two separate staircases, one from the dining area and the other from the kitchen. You can access all bedrooms from either staircase.
There are 3 double bedrooms, one with fitted wardrobes and a corner sink unit and two with feature stained glass window panes.
There is also a separate bathroom with bath, w/c and wash basin together with a large eaves storage space.
Outside The cottage gardens compliment the property with established flowers/bulbs, shrubs, trees and mature clipped hedges.
To the front there is a detached garage with modern electric door providing off road parking for 2 cars infront of the garage.
There are double wooden gates to access the rear garden providing further off road parking for 2 cars.
The garage has light and power and houses the plant room together with the changing room and shower with w/c and wash basin.
There are stairs leading to the studio which is a perfect for working from home.
The rear garden is mostly laid to lawn and benefits from a fenced heated swimming pool (24’ x 12’ with retractable cover) and brick patio areas.
Services Mains water, electricity (new/recently rewired) and septic tank drainage. Gas fired central heating.
Tenure : Freehold Council Tax Band: F Broadband: Fibre optic wifi Mobile: yes EPC rating: D Our Ref: TEA230035
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.
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FAQ
About Barnets Hill, Peasmarsh, Rye, East Sussex, TN31
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