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Redhouse Farmhouse, Monk Sherborne, RG26 - Image 1
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Redhouse Farmhouse, Monk Sherborne, RG26

South East

£600,000
Listed on 05/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2196 sqft

Description

This detached Grade II Listed farmhouse presents a unique opportunity for renovation within a tranquil setting in the small hamlet of Salters Heath, near Monk Sherborne. Situated on approximately 0.86 acres, the property boasts expansive open views both to the front and back, allowing for a serene environment. The interior offers substantial living space of around 2,204 sq.ft., featuring original elements such as exposed beams and fireplaces that contribute to its period charm. While modernisation is necessary, the layout provides a solid foundation for transformation into a contemporary family home. The ground floor includes four distinct reception areas, a kitchen/breakfast room, and a bathroom, while two staircases lead to the upper level where four bedrooms and an additional cloakroom are located. The exterior of the farmhouse is set back from the lane, surrounded by a largely overgrown garden that offers privacy through mature hedging. Currently home to a summer house and garden shed, this outdoor space holds potential for landscaping and development according to individual tastes. Located just 4 miles from Basingstoke and within easy reach of Newbury and Reading, this property benefits from excellent commuting options via Junction 6 of the M3 motorway. Basingstoke's mainline station provides direct services to London Waterloo in about 45 minutes, making it ideal for commuters. The local area features amenities including schools—such as the highly regarded Priory primary school located in a neighboring village—and recreational facilities that cater to diverse needs. Additionally, there are plans underway for converting adjoining farm buildings into residential units, promising further enhancement of the locale’s appeal. This property not only offers immediate renovation potential but also stands as an attractive investment opportunity in a desirable region with growing infrastructure. Viewing is available by appointment through local estate agents who can provide further insights into its possibilities.

Investment Analysis

(RG26 area)

Below Market Value

This property is priced -31.8% below area average per sq ft

-31.8%
Potential saving
This Property
£273/sq ft
Area Average
£401/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£968,172
10% above area average per sq ft
Potential ROI
+34.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
19%
Properties sold annually

Local Market Trend (RG26)

Area prices are stable by +1.3% over the last 12 months
3 year growth: 1.0%
5 year growth: 8.4%
Investment Disclaimer: Analysis based on RG26 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

Redhouse Farmhouse, Monk Sherborne, RG26
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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
£2,198
Based on a loan of £450,000 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