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Rackham, Pulborough, RH20

South East

£2,000,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
6104 sqft

Description

Nestled in the picturesque West Sussex countryside, this characterful period farmhouse, known as 'The Mill House', dates back to approximately 1825 and offers a unique opportunity for renovation and enhancement on over 15 acres of land. Surrounded by rolling hills and woodlands, the property boasts spacious and adaptable living quarters that can be transformed into a luxurious family home. Accessed via a private track in the tranquil hamlet of Rackham, the home features a grand drawing room showcasing an exposed brick fireplace and log burner, while the dining room highlights charming period oak flooring. A garden room captures stunning views of the natural landscape beyond. The kitchen is equipped with a traditional Rayburn range cooker and leads to a useful utility room, alongside a staircase descending to a generously sized wine cellar. The upper levels host a principal bedroom with en suite facilities and additional bedrooms that provide flexibility for family living. Outside, the extensive grounds include formal gardens, fruit trees, open fields, and an enchanting bluebell wood—a sanctuary for local wildlife. Numerous outbuildings enhance the property's appeal, offering traditional barns, stabling options, workshops, and storage solutions. Special mention must be made of the historic three-storey Rackham Mill on-site—believed to have roots dating back to the Domesday Book—which holds tremendous potential for restoration. This aspect alone could turn this property into a remarkable heritage destination or unique living space. The locale is ideal for families seeking community life with access to schools, local shops, pubs, and outdoor activities set against nature’s backdrop while maintaining good transport links to London and Gatwick Airport.

Investment Analysis

(RH20 area)

Below Market Value

This property is priced -21.4% below area average per sq ft

-21.4%
Potential saving
This Property
£328/sq ft
Area Average
£417/sq ft
Avg Rent (weekly)
£347
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Target Value
£2,798,226
10% above area average per sq ft
Potential ROI
+21.7%
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
11%
Properties sold annually

Local Market Trend (RH20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -5.3%
5 year growth: 1.5%
Investment Disclaimer: Analysis based on RH20 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

Rackham, Pulborough, RH20
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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
£7,327
Based on a loan of £1,500,000 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