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Rural Ashford - Mid Kent

South East

£695,000
Listed on 17/10/2024

Property Details

Bedrooms
2
Type
Semi-detached house
Area
1180 sqft

Description

This Grade II listed cottage, originally a farmhouse that has been divided into four residences, offers considerable potential for renovation and investment. Comprising two bedrooms, this home features a variety of flexible living spaces across two levels. The ground floor includes a spacious living room, a generous farmhouse kitchen/dining area, a separate sitting room complete with an open fireplace, a utility room, and both a conservatory and shower room. Upstairs, you will find two double bedrooms and a family bathroom. Surrounding the cottage are gardens that wrap around three sides of the property, offering privacy through hedgerows and established shrubs. These outdoor spaces present opportunities for landscaping or enhancements to create additional outdoor living areas while enjoying views over the picturesque Weald of Kent. The property is complemented by its equestrian facilities located directly opposite—ideal for horse enthusiasts or those looking to develop this aspect further. Featuring approximately 6.15 acres of land (to be verified), the equestrian yard includes a round schooling pen, four varying-sized stables, and several outbuildings totaling around 1,750 square feet. With hard-standing parking suitable for multiple vehicles or horseboxes and direct access to the paddocks via double gates, this facility makes an attractive proposition for anyone in search of an equestrian lifestyle. Situated along a quiet country lane on the outskirts of Egerton near Ashford, the property benefits from serene rural surroundings while remaining close to village amenities such as local shops and schools. The vibrant town of Ashford is approximately 10 miles away and provides extensive shopping options along with excellent transport links via Ashford International Station. Given the property's current state and its previous planning permissions—now lapsed—for extensions on the dining area and rear of the house there exists significant scope for further development (details available upon request). This presents an array of possibilities not just for personal customization but also as an investment opportunity in a sought-after location surrounded by stunning countryside with ample riding routes. With no onward chain, this property invites prospective buyers to explore its renovation potential while considering its position in a desirable community that balances rural charm with accessibility to greater urban conveniences.

Investment Analysis

(TN27 area)

Above Market Value

This property is priced +46.1% above area average per sq ft

+46.1%
This Property
£589/sq ft
Area Average
£403/sq ft
Avg Rent (weekly)
£354
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£523,224
10% above area average per sq ft
Potential ROI
-33.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
6
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TN27)

Area prices are rising by +6.5% over the last 12 months
3 year growth: -4.3%
5 year growth: 5.8%
Investment Disclaimer: Analysis based on TN27 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

Rural Ashford - Mid Kent
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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
£2,546
Based on a loan of £521,250 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