4-bedroom semi-detached house · RG9 2BP
Listing removedReduced £55k (−5.2%) on 21 JunListed 638 days
Opportunity summary
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About
Red Cross Cottage is a delightful Grade II–listed, timber-framed house believed to be over 400 years old.
Once an inn for the neighbouring Brakspear Brewery Maltings, it blends rich historic charm with a beautifully considered contemporary finish.
Original features and exposed beams run throughout, complemented by light, refined interiors.
The spacious double-aspect sitting room offers white-painted beams, a polished oak floor and a roaring log fire.
A series of half-level landings creates an inviting flow through the house, leading to a study with herringbone oak flooring, a cloakroom, an elegant dining room with bespoke wine storage, and a well-designed kitchen/breakfast room with handmade units, a claret-red electric aga and direct access to the courtyard garden.
The four bedrooms, arranged over several levels, are attractively presented and served by two stylish bath/shower rooms and an en-suite cloakroom.
Historically, the former Red Cross Inn served ale beside the malthouse yard for nearly two centuries from 1790.
It once formed part of Floyd’s Tenements, whose rents-under the 1589 will of Richard Dunt-supported eight elderly men.
Entered through a private cast-iron gate, the walled garden is beautifully landscaped with a water feature, flowering climbers, wisteria-draped pergolas, clipped box hedging and soft lighting, creating an enchanting setting for evening entertaining.
Location Red Cross Cottage sits on New Street, one of Henley’s most iconic, character-filled streets, lined with historic buildings and just moments from the River Thames.
Henley-on-Thames is an attractive market town surrounded by unspoilt countryside, approximately 36 miles west of Central London, and offers excellent shopping, award-winning restaurants, a three-screen cinema and a vibrant theatre.
The town is internationally renowned for the annual Henley Royal Regatta and also hosts the Henley Festival of Music & Arts, the Henley Literary Festival and numerous cultural and sporting events throughout the year.
The prestigious Leander Club, the well-supported Rugby Club and Phyllis Court, a private members’ club, are all within easy reach of the cottage. EPC Rating: D
Value & comps
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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 51 New Street, Henley-On-Thames
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