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Rake Lane, Milford, Godalming

South East

£850,000
Listed on 08/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
2360 sqft

Description

Rake Manor Lodge is a distinguished detached period residence set within a spacious plot along the desirable Rake Lane, featuring gardens that are partially bordered by a serene stream. This property, which was once part of the historic Rake Manor estate with roots tracing back to the early 17th Century, possesses significant character elements such as exposed timber beams and leaded light windows throughout its generous reception areas. While the home has been maintained over the years, it shows signs of being dated and presents an excellent opportunity for modernization and enhancement to meet contemporary living standards. Accessed via a charming gravel driveway, the house is positioned comfortably amidst its grounds, promising tranquility and privacy. The main living area boasts an impressive triple-aspect design that extends over 30 feet in length, allowing for ample natural light and direct access to the gardens through French doors. The room features charming exposed beams and an inviting open fireplace. The kitchen is designed in a traditional galley style that connects seamlessly with the main living space. Additionally, there is a versatile ground floor room complete with adjoining cloakroom facilities—ideal for use as an extra bedroom, study, or home office. Upstairs houses two bedrooms including a spacious principal suite equipped with fitted wardrobes alongside a family bathroom. The expansive grounds are one of the property's standout features, wrapped in lawns interspersed with mature trees that provide considerable privacy. A stream flows gracefully beneath a small bridge along one boundary, enhancing the picturesque setting. Complementing the main house is a separate annexe/studio outfitted with kitchenette and shower room facilities—perfect for guest accommodation or a dedicated workspace. Furthermore, there is an extensive range of former stable buildings and outbuildings offering versatile storage or workshop potential. Given the scope of land and configuration of existing structures, there may also be opportunities for extensions or reconfigurations subject to planning permissions. Rake Manor Lodge represents a compelling prospect for those seeking to acquire a unique period property in one of Milford's most established semi-rural locales.

Investment Analysis

(GU8 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£360/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£443
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,386,134
10% above area average per sq ft
Potential ROI
+45.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (GU8)

Area prices are falling by -4.1% over the last 12 months
3 year growth: -5.0%
5 year growth: +7.1%
Investment Disclaimer: Analysis based on GU8 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

Rake Lane, Milford, Godalming
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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
£3,033
Based on a loan of £637,500 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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