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Rye Cottages, Church Lane, Three Mile Cross - Image 1
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Rye Cottages, Church Lane, Three Mile Cross

South East

£350,000
Listed on 28/03/2026

Property Details

Bedrooms
2
Type
Terraced
Area
667 sqft

Description

Situated in the quaint village of Three Mile Cross, this two-bedroom semi-detached property presents an intriguing opportunity for renovation or investment. With a total internal area of approximately 62 sq. m. (667 sq. ft.), the layout includes a front-facing lounge that leads to a central hallway with staircase access to the first floor. The ground floor features a dining room connected to a functional kitchen and a bathroom, allowing for easy reconfiguration of spaces to enhance utility and modern appeal (subject to necessary permissions). Upstairs, two generously sized double bedrooms provide comfortable living quarters, accessible from a central landing. Outside, the property boasts a sizable rear garden, ideal for landscaping or potential extensions, subject to planning approval. Its location offers convenient access to local amenities and transport links, making it an attractive purchase without any chain complications.

Investment Analysis

(RG7 area)

Above Market Value

This property is priced +21.6% above area average per sq ft

+21.6%
This Property
£525/sq ft
Area Average
£431/sq ft
Avg Rent (weekly)
£380
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£316,555
10% above area average per sq ft
Potential ROI
-16.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (RG7)

Area prices are falling by -2.5% over the last 12 months
3 year growth: 0.0%
5 year growth: +6.4%
Investment Disclaimer: Analysis based on RG7 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

Rye Cottages, Church Lane, Three Mile Cross
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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
£1,262
Based on a loan of £262,500 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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