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Egypt Farm Bungalow, Rushlake Green

South East

£850,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1771 sqft

Description

Nestled within the picturesque High Weald Area of Outstanding Natural Beauty, this property offers a unique opportunity for those with a vision for renovation or investment. Located just a short drive from the charming villages of Rushlake Green and Cowbeech, this site combines the tranquility of rural living with accessibility to nearby amenities. Originally part of a larger agricultural holding, Egypt Farm bungalow has historical significance dating back to 1966 when it was home to one of the first rotary milking parlours in the UK. While the land and outbuildings have been let to local farmers in recent years, the main bungalow now requires extensive renovation or potential replacement due to flood damage from burst internal water pipes. The chalet-style bungalow features brick and timber-clad elevations beneath a concrete tile roof. It comprises four bedrooms, including a versatile attic space accessible via a spiral staircase. The layout includes essential living areas such as a sitting room that flows into a garden room, alongside a kitchen/breakfast area equipped with storage solutions. Additionally, there is a family bathroom and utility space, providing ample scope for reconfiguration depending on your design preferences. Outside, the property sits on approximately 24.58 acres of Grade 3 agricultural land, featuring about 20.58 acres of pasture and 4 acres of woodland complete with its own pond—an appealing feature for nature enthusiasts. The grounds include various outbuildings that have fallen into disrepair but present significant potential for redevelopment or new agricultural uses (subject to necessary permissions). These structures include a former milking parlour and multiple storage buildings that could be transformed into functional spaces. Accessed via Iwood Lane, this property also holds strong investment potential due to its agricultural occupancy condition (AOC), which limits occupation to those employed in agriculture or forestry. This stipulation may appeal to buyers looking for properties that can accommodate specific uses while still being able to explore future development opportunities—particularly as it is subject to an overage provision stipulating a percentage payment upon obtaining planning permission for additional residential or commercial units within 15 years. In summary, while Egypt Farm presents itself as needing substantial work today, it embodies considerable promise for forward-thinking investors or homeowners willing to engage in restoration efforts within one of the UK's most beautiful rural settings.

Investment Analysis

(TN21 area)

Above Market Value

This property is priced +28.8% above area average per sq ft

+28.8%
This Property
£480/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£725,862
10% above area average per sq ft
Potential ROI
-30.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TN21)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -11.4%
5 year growth: 3.2%
Investment Disclaimer: Analysis based on TN21 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

Egypt Farm Bungalow, Rushlake Green
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,114
Based on a loan of £637,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE