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Howe Lane, Binfield, RG42

South East

£1,750,000
Listed on 05/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
3841 sqft

Description

This property offers a unique opportunity to acquire a historic Grade II listed barn that has undergone significant renovations while retaining its original charm. Initially acquired as a dilapidated structure in 2001, the current owners invested nearly five years in restoring the barn to its former glory, bringing it back as a spacious family home with approximately 4,000 square feet of living space on a generous 3-acre plot. With four bedrooms and three bathrooms, there is ample room for expansion or reconfiguration, making it an enticing project for investors looking to capitalise on further development potential. The impressive main living area features high vaulted ceilings and large windows that provide abundant natural light and striking views of the surrounding landscape. The extensive outdoor space includes landscaped gardens, woodlands, and courtyards, presenting additional possibilities for outdoor improvements or facilities such as a pool or extended entertainment areas. The property is situated in a semi-rural location with excellent transport links to nearby towns and cities, enhancing its appeal for both residential living and investment potential.

Investment Analysis

(RG42 area)

Below Market Value

This property is priced -5.4% below area average per sq ft

-5.4%
Potential saving
This Property
£456/sq ft
Area Average
£482/sq ft
Avg Rent (weekly)
£416
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£2,034,808
10% above area average per sq ft
Potential ROI
-0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (RG42)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -5.9%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on RG42 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Howe Lane, Binfield, RG42
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£6,312
Based on a loan of £1,312,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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