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Five Ashes, Mayfield, TN20

South East

£525,000
Listed on 07/05/2026

Property Details

Bedrooms
4
Type
Detached Bungalow
Area
1695 sqft

Description

Dewlands is located in the quaint village of Five Ashes, just a short distance from the historic town of Mayfield. This property presents an intriguing opportunity for those looking to invest and enhance its potential. Accessed through a gated side path, visitors are greeted by a charming front garden that leads to an entrance porch, providing useful storage before stepping into the main living areas. The spacious sitting room benefits from three large windows, flooding the space with natural light and creating an inviting atmosphere ideal for relaxation or entertaining guests. A bioethanol fire offers warmth and character to the room. At the rear, the kitchen showcases a modern design with white cabinetry and wooden worktops, equipped with key appliances including a stainless steel electric range cooker and integrated dishwasher. It opens onto a patio area, facilitating smooth transitions between indoor and outdoor spaces. Adjacent to the kitchen is a dining room that presents a prime opportunity for those wishing to create an open-plan layout—a redesign which could significantly enhance both functionality and aesthetic appeal, subject to planning permissions. A ground-floor shower room features modern fixtures alongside two additional rooms that could serve various purposes—whether as additional bedrooms or office space. Upstairs, two bedrooms each come with en-suite facilities, with Bedroom 3 taking advantage of built-in storage solutions and views of the rear garden. The fourth bedroom also includes its own en-suite bathroom. The wrap-around garden combines lawned areas and patios, creating peaceful spots for family gatherings or quiet retreats. A detached garage provides extra storage or workshop potential while off-road parking accommodates two vehicles. Living in Five Ashes means enjoying local amenities such as a public house and village school while being merely three miles from Heathfield's comprehensive offerings. Accessibility is further enhanced by nearby railway stations connecting to central London. This property not only stands out due to its location but also because of its renovation potential; it invites creative updates that would elevate both comfort and value.

Investment Analysis

(TN20 area)

Below Market Value

This property is priced -25.3% below area average per sq ft

-25.3%
Potential saving
This Property
£310/sq ft
Area Average
£414/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£772,742
10% above area average per sq ft
Potential ROI
+27.7%
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

Five Ashes, Mayfield, TN20
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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
£1,873
Based on a loan of £393,750 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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