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Green Lane, Althorne

East of England

£695,000

Listed on 13/07/2026

Property details

Bedrooms
4
Type
Detached

Description

This characterful detached cottage, situated on the outskirts of Althorne, presents a unique opportunity for renovation and investment. Boasting four spacious bedrooms and three versatile reception rooms, this property marries period features such as exposed beams and red-brick fireplaces with modern living needs. A significant advantage is the existing planning permission for a one-bedroom bungalow on-site, ideal for independent accommodation or multi-generational family use, which enhances its potential value. The layout begins with an inviting entrance porch leading into a hallway with built-in storage and access to an adaptable bedroom or reception space. The kitchen/breakfast room offers ample storage and workspace, complemented by a separate utility room and ground-floor shower room. The expansive living room features large glazed doors that open onto the garden, providing picturesque views of the surrounding farmland. Upstairs accommodates three further well-proportioned bedrooms and a family bathroom adorned with decorative tiling and a freestanding bath. Outside, the private rear garden directly abuts open fields, offering an excellent backdrop for outdoor leisure activities. The gravel driveway can accommodate multiple vehicles and leads to a detached timber garage/outbuilding. This property not only offers generous living space but also exciting future potential due to its unique features and planning permissions. Viewing is encouraged to fully appreciate this rare find in a charming village setting.

Investment analysis

(CM3 area)
Area Average
£409/sq ft
Avg Rent (weekly)
£320
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (CM3)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -3.7%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on CM3 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

Green Lane, Althorne
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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
£2,626
Based on a loan of £521,250 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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