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See how verdicts work2-bedroom terraced house · TN36 4AL
Sold STCListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
I think this cute cottage offers a great opportunity for a first time buyer or investor.
It's in a beautiful location and has a surprisingly good size rear garden -- Sarah Holgate, Associate Director #TheGardenOfEngland No Chain An ideal first time buyers or investors cottage in a pretty and quiet hamlet, in need of refurbishment.
With rear garden and wonderful walks on your doorstep. Set in a quiet rural hamlet with similar old farmstead style cottages, and within a short walk to the centre of Icklesham.
Icklesham is located on the A259 between Hastings and Rye and is a historic East Sussex village known for its 12th-century All Saints & St.
Nicholas Church, 18th-century windmill remains, two pubs (The Robin Hood, The Queens Head), a primary school, and a memorial hall.
The wider parish includes the villages of Winchelsea, Winchelsea Beach, and Rye Harbour, which feature a nature reserve, Camber Castle, and Martello towers.
4 Wellplace Cottages A mid-terrace 2 bedroom cottage, originally part of the old farm workers cottages and more recently, let out as a rental property.
The property would now benefit from complete refurbishment throughout.
On the ground floor, there is an entrance porch into the kitchen which is fitted with some modern wall and base units with integrated oven and hob.
There are stairs up to the first floor and a door into the sitting room with fireplace, door into the inner hall with rear porch and door into the bathroom with retro avocado suite.
Upstairs, there are 2 bedrooms and further stairs up to an attic room which could be used as an occasional bedroom or study.
Outside Gardens The front of the property has shared access with the neighbouring property and a small gate with hardstanding leading to the front door.
The rear garden is mostly laid to lawn with mature shrubs, trees and opening up into a generous lawned area with greenhouse and shed.
Additional information: Services: Electric heating and mains water. Mains drainage.
Tenure: Freehold Council Tax Band: C EPC rating: E Flood risk: Very low Broadband: Yes Mobile Signal: Yes *Data provided by OnTheMarket.com ‘Via Sprift’ Our Ref: TEA260079
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs

FAQ
About Workhouse Lane, Icklesham, Winchelsea, East Sussex, TN36
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