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The Farmhouse, Lodge Farm, Heath Lane, Codicote - Image 1
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The Farmhouse, Lodge Farm, Heath Lane, Codicote

East of England

£1,295,000
Listed on 06/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This Georgian farmhouse presents a unique opportunity for those looking to invest in a spacious property with significant renovation potential. Nestled within the vibrant village of Codicote, this well-proportioned home features five bedrooms and three bathrooms across three generous floors, creating a versatile layout suitable for family living or rental opportunities. The property retains a wealth of period details that add character and charm, thanks to an extensive recent refurbishment. Original features such as large sash windows, exposed beams, and parquet flooring have been thoughtfully preserved while integrating modern amenities for everyday comfort. The central staircase serves as a focal point, enhancing the flow between rooms on each level. The inviting entrance hall leads you to the living room, which showcases abundant natural light through its multiple windows. This space, with its beamed ceiling and beautifully detailed fireplace, offers ample room for comfortable furnishings and could serve as a warm gathering area for family and guests alike. Across the hall lies the dining room, another light-filled space ideal for entertaining or casual meals. Its decorative fireplace adds to the ambiance and complements the stylish parquet floor. A self-contained one-bedroom annexe situated within the expansive 1/3 acre grounds provides additional flexibility—ideal for guests, extended family members, or even as a rental unit. The outdoor space allows for creativity in landscaping or further development potential. Located just moments from Codicote's amenities—including shops, restaurants, and recreational facilities—this property benefits from a semi-rural setting without sacrificing accessibility. Proximity to major roadways (J6 of the A1(M)) and several train stations means easy commutes to both London and Northern destinations. Overall, this farmhouse is not only a charming residence but also an attractive investment opportunity with significant possibilities for personalization and improvement in one of Hertfordshire's desirable villages.

Investment Analysis

(SG4 area)
Area Average
£480/sq ft
Avg Rent (weekly)
£320
Avg Yield
2.7%

Renovation Potential

Est. Renovation Cost
£129,500 - £323,750
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (SG4)

Area prices are falling by +5.7% over the last 12 months
3 year growth: -1.6%
5 year growth: 14.4%
Investment Disclaimer: Analysis based on SG4 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

The Farmhouse, Lodge Farm, Heath Lane, Codicote
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