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Lake Street, Mayfield

South East

£1,800,000
Listed on 06/05/2026

Property Details

Bedrooms
9
Type
Detached
Area
5037 sqft

Description

Lakestreet Manor is a distinguished Grade II listed residence steeped in history, dating back to the 16th Century and showcasing a rich array of original features. This property, available for the first time in 45 years, offers substantial living space across its nine bedrooms and a wealth of character including notable fireplaces, exposed oak timberwork, and leaded windows. The home is set within approximately 6.46 acres of picturesque land, providing vast potential for enhancement and modernization while maintaining its historical integrity. The generous reception areas feature high ceilings and a grand staircase, radiating both charm and spaciousness. The dual-aspect kitchen/breakfast room provides a functional layout alongside an oil-fired Aga, with further scope for renovation to become the heart of the home. Outside, the well-maintained gardens encircle the house complete with a swimming pool area and walled sunken garden—ideal for creating an outdoor retreat. Additional outbuildings including garages and workshops offer valuable storage or possibility for conversion into additional living or leisure spaces. With its tranquil semi-rural location near Mayfield village and breathtaking countryside views, this property presents a unique opportunity for investment that aligns modern living with classic architecture.

Investment Analysis

(TN20 area)

Below Market Value

This property is priced -13.8% below area average per sq ft

-13.8%
Potential saving
This Property
£357/sq ft
Area Average
£414/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£500,000 - £800,000
Target Value
£2,296,343
10% above area average per sq ft
Potential ROI
-11.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TN20)

Area prices are falling by -5.0% over the last 12 months
3 year growth: -27.6%
5 year growth: -1.4%
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

Lake Street, Mayfield
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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
£6,422
Based on a loan of £1,350,000 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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