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Windmill Lane, Icklesham, TN36

South East

£700,000

Listed on 23/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
4193 sqft

Description

This substantial three roundel Oast House, nestled in a picturesque rural landscape between Rye and Hastings, presents a unique opportunity for renovation enthusiasts. Having been owned by the same family for over thirty years, this property encompasses more than 4,000 sq ft of flexible living space, complemented by extensive gardens and multiple garages. With its rich character, including distinctive roundels and exposed brickwork, the Oast offers significant potential to transform it into a modern family home or even a boutique hospitality venue, pending necessary consents. The property requires a thorough refurbishment and modernization effort, allowing new owners to envision and implement contemporary living solutions. The accommodation currently features five bedrooms—four with en suite facilities—and generous common areas that include four reception rooms and a conservatory. The principal suite is particularly remarkable, occupying two roundels and offering ample space with a dressing room and study area. Set within mature south-facing gardens filled with established trees and landscaping, the outdoor spaces provide plenty of room for entertaining or family activities. The property's configuration supports various possibilities for multi-generational living or investment ventures. Located close to Icklesham village's amenities and just a short drive from both Rye and Hastings’ attractions, this Oast House is not just a residence but also a canvas ready for your vision.

Investment Analysis

(TN36 area)

Below Market Value

This property is priced -59.2% below area average per sq ft

-59.2%
Potential saving
This Property
£167/sq ft
Area Average
£409/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,885,278
10% above area average per sq ft
Potential ROI
+98.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (TN36)

Area prices are falling by -100.0% over the last 12 months
3 year growth: -100.0%
5 year growth: -100.0%
Investment Disclaimer: Analysis based on TN36 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

Windmill Lane, Icklesham, TN36
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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
£2,645
Based on a loan of £525,000 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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