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Five Ashes, Mayfield

South East

£1,250,000
Listed on 03/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2674 sqft

Description

Upper Cowden Farm presents an exceptional investment prospect with its detached four-bedroom barn conversion, situated on an elevated site that offers sweeping views of the picturesque countryside. The property encompasses approximately 9.36 acres, featuring two lakes, multiple ponds, woodland, and paddocks, along with a variety of barns and outbuildings. Accessed via a long private driveway, this tranquil setting promises seclusion and serenity. Previously operating as a fishery and carp farm, it holds significant potential for redevelopment. Planning permission is already secured to transform the current layout into a modern home spread over two levels (Wealden District Council reference WD/2024/2182/F). The existing configuration includes a porch leading to essential areas such as the kitchen and cloakroom on the ground floor, while the upstairs consists of an open-plan living space that provides access to the garden alongside four bedrooms and a shower room. The approved architectural plans will completely overhaul the interior; they include a contemporary kitchen, a spacious living area at ground level, plus an upper gallery that encompasses a snug with bi-fold doors opening onto a terrace and four well-appointed bedrooms equipped with three bathrooms. The expansive principal suite promises luxury with its dressing room and en-suite bathroom. Externally, the grounds boast impressive natural features with shimmering lakes framed by woodland and paddocks. Additionally, the sizeable barns and outbuildings—including an extensive dairy/cow shed—offer ample opportunity for further development or storage solutions. This unique barn conversion not only offers character but is also poised for transformation within magnificent grounds showcasing extraordinary rural vistas.

Investment Analysis

(TN20 area)

Above Market Value

This property is priced +11.8% above area average per sq ft

+11.8%
This Property
£467/sq ft
Area Average
£418/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,230,241
10% above area average per sq ft
Potential ROI
-18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TN20)

Area prices are falling by +12.7% over the last 12 months
3 year growth: -24.3%
5 year growth: 2.6%
Investment Disclaimer: Analysis based on TN20 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

Five Ashes, Mayfield
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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
£4,579
Based on a loan of £937,500 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