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Mill Lane, Stour Provost, Gillingham

South West

£250,000
Listed on 08/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1015 sqft

Description

This detached stone cottage presents a unique opportunity for renovation and investment, situated in a tranquil village setting within the scenic Blackmore Vale countryside. The cottage features two spacious double bedrooms and backs onto serene pastureland, offering both charm and potential for those looking to put their personal touch on a property. Character abounds in this home, with original architectural details such as leaded light windows, deep window sills, exposed ceiling beams, and an impressive inglenook fireplace that includes a traditional bread oven. These features not only enhance the aesthetic appeal but also offer opportunities for restoration that could significantly increase the property's value. The layout includes a welcoming entrance hall leading into a versatile sitting room that benefits from natural light through multiple windows. A well-appointed kitchen area boasts modern units complemented by quartz work surfaces, making it functional while still allowing room for improvement or expansion. The adjoining dining area retains period charm with exposed beams and provides views of the village lane. A convenient rear lobby connects to both the shower room and outside space. The shower room offers contemporary fittings, yet could benefit from updates to fully maximize its functionality. Upstairs, the landing leads to two well-sized bedrooms, both with characterful sloping ceilings and ample storage options. Bedroom One has potential for transformation with existing plumbing that could facilitate an en-suite addition—an attractive feature for prospective buyers or renters. Outside, the garden is predominantly laid to lawn with pathways leading to a brick-built store housing the oil-fired central heating system. There’s further potential for landscaping or creating outdoor living spaces that take advantage of the backdrop of rolling pastures. This property also includes a timber garage and ample off-road parking opportunities, with potential for an electric vehicle charging point. Located just two miles from Marnhull for everyday needs and within easy reach of Gillingham’s mainline train station and Shaftesbury's historic town center, this property balances rural tranquility with convenience. Its combination of character features and renovation potential makes it an enticing prospect for anyone looking to invest in a charming village home that can be tailored to suit personal tastes or rental interests.

Investment Analysis

(SP8 area)

Below Market Value

This property is priced -18.8% below area average per sq ft

-18.8%
Potential saving
This Property
£246/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£262
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£338,802
10% above area average per sq ft
Potential ROI
+9.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SP8)

Area prices are rising by +10.2% over the last 12 months
3 year growth: 2.6%
5 year growth: 13.8%
Investment Disclaimer: Analysis based on SP8 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

Mill Lane, Stour Provost, Gillingham
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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
£916
Based on a loan of £187,500 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