Warner Gray says ..
"Corner House" offers a rare and exciting opportunity to purchase a deceptively spacious Grade II Listed attached four storey freehold property with established retail shops on two floors and potential for residential use on the top two floors (stpc), in a prime trading position in the heart of Rye.
Property Oracle says ..
Rye is a highly desirable town in East Sussex, known for its historic character, independent shops, and proximity to the coast. The property’s location on High Street places it in the heart of the action, offering easy access to amenities and the town’s vibrant atmosphere. The nearby railway station provides convenient links to other parts of the UK. Good schools are also within a reasonable distance, making this an attractive location for families.
The property appears to be in need of some modernisation. While the exterior is charming, the interior photos reveal dated fixtures and fittings, particularly in the kitchen and bathroom. The loft space also seems to be used for storage and requires some attention. A full refurbishment would likely enhance the property’s value and appeal.
The plot size is relatively small, typical for properties in the town centre. While there may not be a large garden, the location compensates for this lack of outdoor space.
Considering the average price per square foot in the area is £302, and the property is listed at £475,000 for 1,459 sqft, the price seems slightly above average. However, the prime location on High Street and the potential for increased value after modernisation could justify this price point. The nearby comparable properties, although lacking precise square footage data, support the contention that the list price is within the range of similar properties in the area. More detailed information on the condition of comparable properties would allow for a more definitive assessment of the price.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 9
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 1,459.00
- Lot (est)
- 1,525.30
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 413,321.00 £Decreased by 18.21 %
- Est sale value
- 482,929.00 £Decreased by 17.87 %
- Average area rental value
- 1,300.00 £/moIncreased by 7.44 %
- Est letting value
- 1,459.00 £/mo
- Est rental Yield
- 3.77 %Increased by 31.36 %
- Crime Rate
- 80.00 %Unchanged by 0.00 %
Agent Activity
Warner Gray created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rye College | Academy Converter | 0.48 KM | |
| Rye Community Primary School | Academy Converter | 0.52 KM | |
| St Michael'S Church Of England Primary School | Voluntary Controlled School | Good | 2.46 KM |
| St Thomas' Church Of England Aided Primary School | Voluntary Aided School | Good | 4.01 KM |
| Peasmarsh Ce Primary School | Children's Centre Linked Site | 5.16 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Market Road | £ 500,000 | 0 | 0.00 KM |
| Market Street | £ 647,475 | 0 | 0.00 KM |
| Needles Passage | £ 0 | 0 | 0.00 KM |
| Station Approach | £ 465,000 | 0 | 0.00 KM |
| Ockman Lane | £ 599,950 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Rye (Sussex) | 5024 | RYE | 0.27 KM |
| Winchelsea | 5042 | WSE | 3.85 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| High Street, Rye, TN31 | £ 475,000 | BUY | 6 / 10 | 0.00 KM |
| West Street, Rye, East Sussex TN31 7ES | £ 525,000 | BUY | 6 / 10 | 0.05 KM |
| West Street, Rye, East Sussex TN31 7ES | £ 595,000 | BUY | Unknown | 0.06 KM |
| West Street, Rye, East Sussex, TN31 7ES | £ 875,000 | BUY | 6 / 10 | 0.07 KM |
| West Street, Rye, East Sussex, TN31 | £ 650,000 | BUY | 4 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 29 High Street | £ 257,500 | 0.05 KM |
| 5 Meryon Court | £ 450,000 | 0.06 KM |
| 9 Meryon Court | £ 205,000 | 0.06 KM |
| 4 Meryon Court | £ 65,000 | 0.06 KM |
| 3 Meryon Court | £ 450,000 | 0.06 KM |