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Mill Lane, Everton, SG19 - Image 1
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Mill Lane, Everton, SG19

East of England

£1,500,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
4
Type
Equestrian Facility

Features

  • Garage
  • Garden
  • Parking

Description

This four-bedroom detached bungalow is set within approximately 6.35 acres on the edge of Everton, with a gated approach, paddocks and established equestrian facilities. The single-storey accommodation is arranged with the main living rooms and kitchen/breakfast room opening from a central hall, while the bedrooms occupy a separate wing. The lounge measures approximately 22ft and connects with the dining room; the kitchen/breakfast room is also around 22ft and leads to a utility room and cloakroom. A separate study provides additional workspace, and the principal bedroom has an en-suite bathroom alongside a family bathroom. The grounds include five stables, a tack room and hay store, covered foyer, field shelter, open barn, garage and further workshop and storage space. A neighbouring byway provides access to local riding routes. The listing also states that planning permission has been approved to convert an existing stable building into a separate dwelling of approximately 1,600 sq ft, subject to the permission and its conditions. The proposed plans describe a two-bedroom home, with any change to the bedroom arrangement subject to the relevant approval. The property is marketed by Cooper Wallace in Bedford.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

34out of 100
Grade ELow opportunity

Confidence: MEDIUM

Heath Lodge offers a distinctive lifestyle project: a spacious four-bedroom bungalow set in around 6.35 acres, with five stables, paddocks, a barn and access to countryside riding routes. The house looks clean and usable, while traditional finishes in the kitchen and some other interiors leave scope for a cosmetic update; the grounds and equestrian facilities are a major part of the appeal. The listing also mentions approved planning to convert an existing stable building into a separate dwelling, which would need its decision and conditions checked.

The main obstacle is the price. At £1,500,000, the asking price is about £938 per sq ft against a local average of £354, and even adding the £5,000–£15,000 refurb range leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That benchmark is not a forecast of the value after renovation, but the numbers make this a weak-value opportunity despite the unusual grounds and facilities.

Key opportunities

  • Refresh the traditional kitchen finishes and selected interior surfaces to give the clean, usable home a more contemporary feel.
  • Make the most of the approximately 6.35 acres, five stables, paddocks, field shelter, barn and nearby hacking routes.
  • Investigate the stated approved stable-to-dwelling conversion by checking the planning decision and its conditions.

Key risks

  • At this asking price, even a light refurb leaves the purchase-and-works outlay stretched against local benchmarks for the property's floor area.
  • Factor in roughly £1,510,000 all-in — £10,000 of works on top of the asking price, leaving a gap of around 62% versus area norms for this sqft — current-condition benchmarks only, not after-works GDV.

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Map

Location

Mill Lane, Everton, SG19
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£5,667
Based on a loan of £1,125,000 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.

Tax

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Indicative tax based on the asking price and the options you select.

This calculation uses non-residential (land/commercial) tax rates.

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