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Gallowstree Lane, Upper Mayfield, DE6 - Image 1
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Gallowstree Lane, Upper Mayfield, DE6

East Midlands

£350,000

Listed on 08/06/2026

Property Details

Bedrooms
3
Type
Cottage
Area
850 sqft

Description

This charming three-bedroom semi-detached cottage in Upper Mayfield offers a unique opportunity for renovation and investment. Originally built with characterful brick and stone, the property spans approximately 850 square feet and is designed over two levels, showcasing exposed beam ceilings that add historical charm to the lounge/diner and kitchen. The inviting lounge/diner features an appealing stone fireplace, which sets a cosy atmosphere, while the adjacent kitchen comes equipped with essential appliances, though it may benefit from updates to maximize functionality. Upstairs, you'll find three well-sized bedrooms served by a shower room; however, there is potential to reconfigure these spaces according to modern living preferences. The exterior presents a fore garden with a gated path leading to the entrance and a gravelled side driveway that provides off-road parking—ideal for enhancing outdoor appeal. The tiered rear garden offers lovely views and ample space for landscaping improvements or outdoor living areas. Notably, the property previously had approved planning permission for a two-storey side extension, indicating strong potential for expansion and enhanced value with appropriate consents reinstated. Located in the appealing village of Upper Mayfield in Staffordshire, this property boasts an attractive community atmosphere while being conveniently positioned near market towns and scenic countryside walks. With its blend of natural beauty and investment potential, this cottage represents an exciting project for those looking to create their ideal home.

Investment Analysis

(DE6 area)

Above Market Value

This property is priced +35.2% above area average per sq ft

+35.2%
This Property
£412/sq ft
Area Average
£305/sq ft
Avg Rent (weekly)
£201
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£284,708
10% above area average per sq ft
Potential ROI
-27.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (DE6)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -2.3%
5 year growth: +13.5%
Investment Disclaimer: Analysis based on DE6 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

Gallowstree Lane, Upper Mayfield, DE6
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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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