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Elmsmead Cottages, Iden, Rye

South East

£150,000
Listed on 03/05/2026

Property Details

Bedrooms
1
Type
Flat
Area
405 sqft

Description

This one-bedroom ground floor apartment presents a valuable opportunity for first-time buyers and investors alike in the charming village of Iden. While the property is functional, it offers substantial potential for modernisation and enhancement, which is reflected in its competitive listing price. The accommodation features a light-filled living room with dual aspects, a cozy double bedroom, kitchen, and shower room. Additionally, it boasts a generous private garden that extends to the front, side, and rear—ideal for outdoor enjoyment or further landscaping. Conveniently located within a quiet cul-de-sac, the property is close to local amenities including a general store, community hall, and public house/restaurant. The historic town of Rye is also nearby, offering shopping and cultural experiences as well as rail connections for easy access to Brighton and London. This chain-free property allows for immediate occupancy and represents an excellent investment opportunity for those looking to add value through refurbishment.

Investment Analysis

(TN31 area)

Below Market Value

This property is priced -3.6% below area average per sq ft

-3.6%
Potential saving
This Property
£370/sq ft
Area Average
£384/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£171,161
10% above area average per sq ft
Potential ROI
+0.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (TN31)

Area prices are falling by -11.5% over the last 12 months
3 year growth: -10.7%
5 year growth: +0.6%
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

Elmsmead Cottages, Iden, Rye
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£535
Based on a loan of £112,500 over 30 years at 3.97% 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.

Stamp Duty Calculator

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