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Main Street, TN31

South East

£675,000
Listed on 14/03/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2683 sqft

Description

This distinguished Victorian detached house features five bedrooms and sits in the heart of Peasmarsh, a quintessential village offering both charm and community. With its generous accommodation and period details, this property presents an excellent opportunity for renovation and investment. The layout includes multiple living spaces such as a spacious living room with a bay window and a snug that boasts its own period fireplace. The large kitchen/dining area retains some original character with olive green shaker-style cabinetry and an open working fireplace, but is ripe for modernisation to create a contemporary family space. A sunroom/conservatory extends the living area into the expansive south-facing garden, making this home ideal for those looking to create a seamless indoor-outdoor lifestyle. The upstairs is equally promising, featuring a master suite with ensuite facilities and walk-in wardrobe along with four additional double bedrooms—all offering potential for updates to enhance comfort and style. A separate utility room adds functionality, while external features including an attached garage, workshop, and large garden setup provide ample scope for improvement. This property is centrally located within reach of local amenities like pubs, shops, schools, and recreational facilities in Rye, along with excellent transport links to larger towns and cities. Its position within the community combined with renovation potential makes it an appealing prospect for families or investors alike.

Investment Analysis

(TN31 area)

Below Market Value

This property is priced -35.1% below area average per sq ft

-35.1%
Potential saving
This Property
£252/sq ft
Area Average
£388/sq ft
Avg Rent (weekly)
£391
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,144,071
10% above area average per sq ft
Potential ROI
+51.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (TN31)

Area prices are falling by -5.8% over the last 12 months
3 year growth: -8.1%
5 year growth: +7.8%
Investment Disclaimer: Analysis based on TN31 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

Main Street, TN31
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,434
Based on a loan of £506,250 over 30 years at 4.06% 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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