3-bedroom house · TN31 7BS
Sold STCReduced £25k (−7.1%) on 26 SepListed 143 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Barnaby Osborne in Partnership with Nested welcome to the market this fully refurbished three bedroom family home, a short walk from the centre of Rye.
Offered For Sale chain free and one of the larger styles of houses on the Tilling Green estate, the property offers fantastic value for money for Rye from a sqm perspective with the accommodation on the ground floor comprising, entrance porch, hallway, lounge with potential for log burner, kitchen/diner with integrated appliances, a utility room and a downstairs shower room.
To the first floor, there are three well appointed bedrooms and a family bathroom.
Externally, there is a low maintenance rear garden with decking, perfect for alfresco dining, to the front, there is an area of lawn enclosed by picket fencing.
There is also a large driveway with parking for multiple vehicles and an electric car charging point. EPC Rating: C Entrance Porch (1.62m x 1.26m) Accessed via UPVC double glazed door.
Lvt flooring, double glazed window to side with obscured glass. UPVC double glazed door to: Hallway Lvt flooring, understairs storage cupboard, radiator, carpeted stairs to first floor.
Doors to kitchen/diner & lounge. Lounge (4.41m x 3.97m) Carpeted, double glazed sliding doors to garden, fireplace with space for log burner, radiator. Door to kitchen/diner.
Kitchen/Diner (6.62m x 3.34m) Lvt flooring, dual aspect with double glazed window to front, double glazed sliding doors to the garden, a brand new kitchen with a range of matching wall and base units with worktop over and tiled splashback, integrated dishwasher, tall integrated fridge freezer, space and plumbing for washing machine, integrated oven with induction hob over and cooker hood above, Butler sink with side drainer, radiator.
Open access to: Utility Room (3.18m x 1.32m) Tiled flooring, base units with worktop over, dual aspect with double glazed window to side, double glazed door to rear with obscure glass leading to garden and parking area.
Door to: Downstairs Shower Room (2.43m x 1.52m) Lvt flooring, dual aspect with double glazed window to side with obscure glass, double glazed window to front with obscure glass, shower enclosure, low level WC, wash hand basin with storage below, heated towel rail.
First Floor Landing Accessed via carpeted stairs. Carpeted, double glazed window to front with views towards fields, storage cupboard. Doors off three bedrooms and family bathroom.
Bedroom One (4.31m x 3.48m) Carpeted, double glazed window to rear, radiator, storage cupboard. Bedroom Two (4.31m x 2.73m) Carpeted, dual aspect with double glazed windows to side and rear, radiator.
Bedroom Three (2.76m x 2.46m) Carpeted, double glazed window to front, radiator.
Family Bathroom (2.60m x 1.71m) Lvt flooring, double glazed window to side with obscure glass, bath with shower over, low level WC, wash hand basin with storage below, heated towel rail.
Rear Garden An area of decking with a further slate stone area and area beyond. Front Garden An area of lawn enclosed by picket fencing and a gate to the parking area.
Parking - Driveway Off road parking for multiple vehicles.
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 3 The Close, Rye
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