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Marklye Lane, Heathfield, East Sussex, TN21

South East

£1,200,000

Listed on 11/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
4096 sqft

Description

Nestled within a generous 1.38-acre plot, this expansive detached residence presents an excellent opportunity for those looking to invest in a property with significant renovation potential. Featuring a variety of outbuildings, including a summerhouse and a pool house that houses a swimming pool currently in need of restoration, this estate allows for the creation of an exceptional leisure space. The home's interior boasts well-proportioned living areas, arranged around a central hallway that enhances flow and accessibility. A notable highlight is the dual-aspect living room, perfect for entertaining or unwinding. Additionally, there is a separate snug ideal for intimate gatherings or as a quiet retreat. The kitchen accommodates both dining and informal seating, conveniently located next to the dining room, which promotes ease of daily living. A versatile ground-floor bedroom caters to guests or can be utilized for working from home, complemented by an adjacent bathroom/cloakroom. On the upper level, three spacious bedrooms are positioned off a central landing; the principal suite features an ensuite bathroom while the other two bedrooms share access to a family bathroom along with an additional WC near the second bedroom. This arrangement invites reconfiguration possibilities to modernize or enhance internal spaces further. The outdoor area offers abundant privacy and scope for landscaping and recreational activities. The gardens feature not only the neglected swimming pool but also the potential-rich pool house and summerhouse suitable for various uses such as home offices or relaxation zones. Moreover, a sizable two-storey barn on site opens doors to redevelopment possibilities—subject to planning permissions—which could serve as additional living space or storage. Despite its secluded rural charm, this property is just a short walk from Heathfield town centre, granting easy access to supermarkets, shops, cafés, restaurants, and reputable schools. The surrounding Sussex countryside provides ample opportunities for outdoor activities like walking and horse riding. Commuters will appreciate quick connections via the A21 and nearby mainline stations at Stonegate and Buxted offering direct services into London.

Investment Analysis

(TN21 area)

Below Market Value

This property is priced -21.5% below area average per sq ft

-21.5%
Potential saving
This Property
£293/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,682,391
10% above area average per sq ft
Potential ROI
+24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (TN21)

Area prices are stable by 0.0% over the last 12 months
3 year growth: -11.8%
5 year growth: -0.6%
Investment Disclaimer: Analysis based on TN21 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

Marklye Lane, Heathfield, East Sussex, TN21
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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
£4,533
Based on a loan of £900,000 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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