2-bedroom house · TN5 7EE
For saleReduced £35k (−8%) on 11 SepListed 554 days
Opportunity summary
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About
Situation: The property is situated on a quiet lane in the much sought after village of Stonegate with its church, village hall, well regarded primary school and mainline railway station.
Wadhurst village lies just over 21⁄2 miles distant and offers an excellent range of shops and services for everyday needs including a Jempson’s Local store, cafés, butcher, greengrocer, bookshop, pharmacy, post office, florist, off licence, restaurants, public houses, as well as a doctor’s surgery, dentist, primary school and the well regarded Uplands Community College and Sports Centre.
Ticehurst and Burwash villages are within 2 and 31⁄2 miles respectively and both have a selection of local shops and amenities.
The regional centre of Tunbridge Wells is about 10 miles distant and provides a comprehensive range of amenities including the Royal Victoria Shopping centre, cinema complex and theatres.
The beautiful surrounding countryside is a designated Area of Outstanding Natural Beauty and includes Bewl Water Reservoir, reputedly the largest area of inland water in the South East, where a wide range of water sports can be enjoyed.
For the commuter, Stonegate station is approximately 1⁄2 mile distant and provides a regular service to London Charing Cross/ Cannon Street in just over an hour.
The A21 is also within easy reach and links with the M25.
Description: Forge Cottage is a beautiful Grade II listed period cottage with attractive external elevations of brick, render and weather boarding beneath a tiled roof.
The property has been sympathetically extended over time to provide light, well presented and spacious accommodation that is full of character and charm, benefiting from period features, including pretty sash windows, and from the main rooms being double aspect, enjoying an outlook over the lane and rear gardens.
The accommodation is arranged over two floors and includes on the ground floor; an entrance lobby with stairs to the first floor, a spacious and light double aspect sitting/dining room with a feature fireplace (currently not working) and french doors leading to the garden, a good-sized double aspect kitchen/breakfast room with a range of modern wall & base units and an oil fired range cooker housed in a chimney recess, a large utility room (formerly the Forge and now offering excellent scope to be re-modelled into a different type of room), a useful rear lobby and a shower room.
On the first floor there two bedrooms, both with fitted wardrobes and a good-sized family bathroom.
Outside the property is approached off a quiet lane with gates leading to a block paved drive providing parking for two cars and a large, detached garage and workshop.
A real feature of the property are the delightful rambling gardens that wrap around the cottage, including a good-sized terrace beneath a pergola, which is ideal for outdoor entertaining, an area of lawn with mature shrub borders leading to a path that meanders up the boundary of the property to a wild area of garden which includes a small area of lawn surrounded by a variety of mature plants and trees, a greenhouse, shed and a compost area.
The path continues to a further area of lawn where there is a summerhouse from where views can be enjoyed across the village. The garden has hedging and fencing on all sides.
Services: Mains water and electricity.
Oil-fired central heating Local Authority: Rother District Council Current council tax band: D (£2548.28 pa) Current EPC Rating: N/A Property post code for sat nav: TN5 7EE
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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