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Rake Lane, Milford, Godalming GU8 - Image 1
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Rake Lane, Milford, Godalming GU8

South East

£850,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
2360 sqft

Description

Nestled within a mature setting along Rake Lane, Rake Manor Lodge is a distinguished detached period property that once formed part of the historic Rake Manor estate, known for its roots in the early 17th Century. Although this charming home has been preserved over the years, it stands in need of modernisation to meet contemporary living standards. The interior features traditional elements such as exposed beams and leaded light windows, while the spacious triple-aspect living/dining room extends over 30 feet and connects seamlessly to the tranquil gardens through French doors. The galley-style kitchen maintains a classic layout linking well with the main entertaining spaces. Additionally, there’s a versatile ground floor room with adjoining cloakroom that can serve multiple purposes, including guest accommodation or a study. Upstairs, two further bedrooms are complemented by a family bathroom, providing ample space for family living. The property's grounds boast mature trees and greenery that enhance its privacy, along with a stream adding to its peaceful ambiance. Furthermore, this property includes a detached annexe/studio equipped with kitchenette and shower facilities—ideal for guests or as a home office—alongside former stables and outbuildings that could be repurposed or developed. With generous grounds allowing for potential extensions or reconfigurations (subject to planning), Rake Manor Lodge presents an exciting opportunity for buyers looking to invest in a character home that they can tailor to their personal tastes.

Investment Analysis

(GU8 area)

Below Market Value

This property is priced -32.5% below area average per sq ft

-32.5%
Potential saving
This Property
£360/sq ft
Area Average
£534/sq ft
Avg Rent (weekly)
£414
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£1,385,615
10% above area average per sq ft
Potential ROI
+47.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (GU8)

Area prices are falling by -3.7% over the last 12 months
3 year growth: -5.2%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on GU8 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

Rake Lane, Milford, Godalming GU8
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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
£3,211
Based on a loan of £637,500 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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