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See how verdicts work3-bedroom house · BN8 5QA
For saleReduced £25k (−5.9%) on 5 SepListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price range £425,000 to £450,000 This Grade II listed home offers a wealth of character and charm in the heart of the popular Sussex Village of Ringmer, which is on the outskirts of the County Town of Lewes.
Tucked away in a small spot just off the village green, the property features a private garden and car parking with a garage as well.
There is an entrance porch which leads into the sitting room, which features a central brick-built fireplace, with hearth and a wood burner.
There are exposed timber beams to the ceiling and a lovely, polished Parque flooring. The kitchen has a range of bespoke built units, which provide plenty of storage.
There is a good wooden work surface on 3 sides and a inset butler sink, space for a range, tiled floor and a central preparation table. There is a door which opens to the garden and covered area.
The dining room, which could also double up as a 4th bedroom features a box window to the side. On the first floor, the 3 bedrooms also have the family bathroom, which has a modern white suite.
The front of the house has off road parking for a couple of cars and a separate garage; the area is open plan with the neighbours who have access.
The rear garden has access and has a covered area, with pathway leading to a secluded patio area. The garden is well stocked with perennial plants and shrubs as is the front garden.
Ringmer Village is a sought-after place to live for many reasons.
It is just outside the County Town of Lewes and offers far more space for families to live and work without the cramped feel sometimes experienced in Town.
Local bus service into Lewes just over the road, this is the perfect balance between work and home life.
The cricket club play on The Green most weekends in the summer months and the newly developed County League Football Club are now at their new home during the Winter.
There is a great bowls club, Library, Surgery and a vibrant parade of shops with a Bakers, Butchers, General Store, Cafe, Fish and Chip shop whom serve the local community.
Lewes has a wider range of shops, bars and cafes as well as Waitrose and Tesco and a small retail industrial estate.
There is a mainline railway station with regular services to London Victoria in about 1 hour away, with Brighton being about 20 minutes away.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 2 The Chestnuts, ., Lewes Road, East Sussex
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