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Magreed Lane, Heathfield, TN21

South East

£900,000
Listed on 02/09/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1953 sqft

Description

Nestled at the end of a secluded, unmade track, this property offers a tranquil retreat with expansive views across the picturesque countryside. Featuring three generously sized bedrooms, the home has great potential for modernization and personal touches. The living area is complemented by double doors that open to the rear, providing seamless access to the outdoor space and enhancing natural light throughout. The kitchen retains its character with traditional beams and a log burner, creating an inviting atmosphere. However, it does require refurbishment to fully realize its potential. The property also boasts a number of practical outbuildings and sits on approximately 7 acres of land that includes a lovely stream—ideal for those looking to invest in further development or landscaping. Located in an Area of Outstanding Natural Beauty, this property not only offers stunning vistas but also convenient access to local amenities. Broad Oak village is just a short distance away, featuring a village store, while Heathfield—approximately two miles away—provides a wider selection of shops and schools. For commuters, Stonegate Station (around 5 miles) offers rail services to London Bridge and Waterloo, with further connections available from Buxted Station (approximately 8.5 miles). Road links are easily accessible via the A21 at Hurst Green, facilitating travel to both Gatwick and Heathrow airports. Given its location and features, this property presents significant investment potential. Whether you envision transforming it into your dream home or capitalizing on its rental possibilities in a desirable area, the opportunities are abundant for those willing to undertake some renovation work.

Investment Analysis

(TN21 area)

Above Market Value

This property is priced +23.7% above area average per sq ft

+23.7%
This Property
£461/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£290
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£800,457
10% above area average per sq ft
Potential ROI
-16.6%
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

Magreed Lane, Heathfield, TN21
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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
£3,297
Based on a loan of £675,000 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