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Partridge Lane, Newdigate

South East

£3,000,000
Listed on 02/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
3991 sqft

Description

This property presents a unique opportunity for those looking to invest in a versatile rural setting with significant renovation potential. Located just east of Newdigate, the site encompasses approximately 80.82 acres (32.71 hectares) of varied land use, including residential, commercial, and agricultural components. At the heart of the property is a charming detached Grade II listed farmhouse featuring three bedrooms and generous living spaces spread across three floors. While the home retains its original character, it offers ample scope for modernisation and refurbishment to meet contemporary standards. Adjacent to the main house is “Corner Cottage,” a 1950s detached structure providing additional accommodation with three bedrooms, a private garden, and garage space. This cottage could serve as a rental opportunity or guest residence after some updates. The estate also includes an extensive range of period outbuildings that present various development possibilities (subject to planning permissions). These structures comprise stables, storage areas, and a two-storey hay loft set around a rustic courtyard—ideal for further cultivation or creative conversions. The agricultural facilities on-site include several farm buildings designed for livestock and storage. The cattle yard features six bays, complemented by multiple open-fronted structured barns suitable for various farming operations or potential light industrial uses. Additionally, two former poultry buildings are currently leased as light industrial units, generating income while waiting for future development. The land is primarily pasture with diverse field sizes, offering mature hedgerows and some wooded areas along Beam Brook—a natural boundary that enhances privacy and aesthetic appeal. The flat terrain provides straightforward access via several gates throughout the property. Situated just 2 miles from Newdigate village, where you can find essential amenities such as shops, schools, and public transport links, this property benefits from both rural tranquility and convenient access to larger towns like Dorking (8 miles) and Horsham (9.4 miles). Major roadways facilitate travel to London (approximately 31 miles away) while Gatwick Airport is just over 7 miles from your doorstep. This estate not only serves as an inviting family home but also offers significant investment potential through its diverse properties and land use options. Additional features include separate metered utilities for each residence and commercial unit—providing operational efficiency while presenting opportunities for future development or expansion in this desirable location.

Investment Analysis

(RH5 area)

Above Market Value

This property is priced +37.9% above area average per sq ft

+37.9%
This Property
£752/sq ft
Area Average
£545/sq ft
Avg Rent (weekly)
£452
Avg Yield
2.6%

Renovation Potential

Est. Renovation Cost
£300,000 - £750,000
10-25% of property value
Target Value
£2,392,605
10% above area average per sq ft
Potential ROI
-36.2%
After renovation
Monthly Sales
7
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RH5)

Area prices are falling by +7.1% over the last 12 months
3 year growth: 11.7%
5 year growth: -1.7%
Investment Disclaimer: Analysis based on RH5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Partridge Lane, Newdigate
Map showing location of Partridge Lane, Newdigate
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