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Grove Hill, Hellingly

South East

£350,000
Listed on 10/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
3466 sqft

Description

This property presents a compelling opportunity for renovation and investment, set within a semi-rural area that combines tranquility with accessibility. The former workshop and office space is housed in a detached single-storey building characterized by its charming brick, flint, and weatherboard exterior under a corrugated roof. With planning consent (reference WD/2025/0726/F) already secured for conversion into a spacious single dwelling with an attached annexe, this site offers over 3,400 square feet of potential living space. The existing layout includes additional permissions for transforming an outbuilding into a double garage of approximately 360 square feet and an adjacent gym or home office totaling around 260 square feet. This flexibility allows future owners to customize the property according to personal needs or market demands. Set on about 0.4 acres, the grounds feature ample parking accessible through two different driveways, complemented by a lawn area enclosed by hedges and walls for added privacy. The generous outdoor space not only enhances the appeal of the property but also offers possibilities for further landscaping or outdoor enhancements. Located conveniently in a semi-rural setting, this property is poised to attract interest from both residential buyers and investors looking to capitalize on the growing trend of bespoke homes tailored to modern lifestyles. The combination of existing permissions and the property's potential makes it an intriguing prospect for anyone looking to make their mark in real estate development or seeking a unique family home with additional income potential.

Investment Analysis

(BN27 area)

Below Market Value

This property is priced -70.9% below area average per sq ft

-70.9%
Potential saving
This Property
£101/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£316
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,322,400
10% above area average per sq ft
Potential ROI
+120.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BN27)

Area prices are falling by +3.1% over the last 12 months
3 year growth: -5.4%
5 year growth: 12.6%
Investment Disclaimer: Analysis based on BN27 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

Grove Hill, Hellingly
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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
£1,282
Based on a loan of £262,500 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