3-bedroom detached house · BN8 5RJ
Sold STCListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*In need of complete renovation* A most attractive and characterful flintstone three bedroom detached cottage occupying a pleasant corner plot.
In need of complete renovation and affording tremendous scope for enlargement.
Lodge Cottage is a distractive flintstone country home adjoining the neighbouring farmland with great access to Ringmer Village, Lewes and the South Downs.
The property has been subject to a ground floor extension and could be enlarged to provide a more substantial home.
The property is entered via a central porch which continues through to dining hall with a staircase rising to the first floor.
There is a kitchen fitted with a matching range of units with a personal door giving access to the rear garden, a double aspect sitting room and a family bathroom.
The first floor provides a landing and three double bedroom with the principal bedroom and bedroom two enjoying a double aspect. Outside, the front of the property is approached via a central pathway.
The rear gardens surround the property on two sides, enclosed by hedging and adjoining the neighbouring farmland.
Ringmer village offers a good variety of facilities and amenities including a primary school, a secondary school, a good range of local shops, a pretty village green, a doctors’ surgery, a restaurant and two public houses.
More extensive shopping facilities area available only a few miles away in the County Town of Lewes where there is main line railway station (London Victoria in about 64 mins) several supermarkets and leisure facilities.
Also located within the area are a broad selection of Golf Courses and the world famous Glynebourne Opera House. Oil fired central heating Council Tax band D EPC TBV
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
About Lower Stoneham Farm, Stoneham, BN8
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