3-bedroom house · TN31 7LN
For saleReduced £15k (−3.8%) on 13 OctListed 37 days
Opportunity summary
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About
The property which requires updating, is located in a no through road close to the historic Landgate in the Conservation Area of the Ancient Town and Cinque Port of Rye.
The property is located in a no through road close to the historic Landgate in the Conservation Area of the Ancient Town and Cinque Port of Rye, renowned for its historical associations, medieval fortifications.
As well as its charm and history, the town has a comprehensive range of shopping facilities, restaurants and pubs and an active local community, with the arts being strongly represented.
Festivals include the Rye Bay Scallop Week, Maritime Festival, Rye International Jazz Festival and the Rye Arts Festival.
From the town there are local train services to Eastbourne and to Ashford, from where there are high speed connections to London St. Pancras in 37 minutes.
Sporting facilities in the area include golf at Rye, tennis at Rye Lawn Tennis Club with reputedly among the very best grass courts in the country, sailing on the south coast and many fine countryside and coastal walks.
Dining Room Front door into the dining room which has a cast iron fireplace, cupboards to either side and bay window to the front.
Open doorway into the inner hallway with stairs to the first floor and door out to a raised garden terrace. Kitchen The kitchen has a range of built in units, bay window overlooking the rear garden.
First Floor Living / Bedroom 3 Living room or bedroom 3 with a bay window to the front and cast iron fireplace. Bedroom 2 Window to rear and built in cupboards.
Bathroom Comprising a panelled bath, w.c and wash hand basin, window to rear.
Second Floor Bedroom 1 This bedroom offers charming character with its sloped ceiling and natural wood flooring, cast iron fireplace and dormer window to the front.
Study Having exposed wooden floorboards, large dormer window with views over the cricket ground and beyond.
Lower Ground Floor The lower ground floor is accessed via a separate side door which leads down a narrow corridor. (Note: The neighbouring property No.
6 enjoys a pedestrian right of way over the passage way) Private door into a lobby with doors off to the various rooms.
Bedroom 4 features a fireplace with a distinctive brick surround and built-in shelves on either side, walk in storage cupboard.
Bathroom Comprises a cast iron bath, w.c and wash hand basin Utility Having space and plumbing for a washing machine, sink unit, ample storage. There is a rear lobby with door out to the rear garden.
Rear Garden The rear garden extends to approx 40' in length, offering a private space with mature shrubs and trees providing a natural boundary.
There is a brick store and a paved patio area with stairs leading up to the decked roof terrace house which enjoys open views over the cricket ground.
Rear gate out onto an unmade track which leads to The Salts and public footpaths. Further Information: Local Authority: Rother District Council. Council Tax Band: C Mains gas, electricity and water.
Mains drainage. Predicted mobile phone coverage: EE, Vodafone and 02 Broadband speed: Ultrafast 1800Mbps available. Source OfcomRiver and Sea Flood risk summary: Very low risk. Source
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 5, Bridge Place, Rye
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