We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BN7 1PB
For saleReduced £50k (−11.1%) on 21 JulListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern 2 Bed House In Lewes With Views And Garage Located in a convenient, non-estate position in Nevill Terrace, Lewes, this modern two bedroom house offers a significant opportunity for buyers.
The interior of this property offers scope for further improvement, allowing new owners to update it to their taste, several of the other properties in this row have converted the integral garage into another bedroom (STP).
From the front door there is further folding glazed door providing extra warmth and security.
There is one double bedroom with a good view to the rear and a bathroom on this level and then there is the main bedroom with two double wardrobes on the lower level with a door to the garden.
There is a built in sink set in a vanity unit. The family bathroom is fully tiled and has a corner shower cubicle, Low level WC and a wash hand basin.
On the first floor the layout includes a comfortable reception room with large window and an archway to the dining area which benefits from good natural light, suitable for daily living or entertaining.
The views to the rear are across the town to the Downs and the Golf Course.
The Kitchen has a range of wall and base mounted units with space and plumbing for a cooker, washing machine and fridge freezer. There is a Vaillant gas fired boiler for the central heating.
A key feature of this property is its integrated garage, providing secure parking or valuable additional storage space with an up and over remote door and light and power.
Externally, the property includes a lawned garden, offering a private outdoor area for relaxation or gardening. The garden is manageable and provides a pleasant green space and has a rear access gate.
Infront of the property is further parking. Nevill Terrace is in a convenient location, providing easy access to Lewes town centre, the bus to Brighton or the Downs.
The town offers independent shops, cafes, restaurants, and cultural attractions.
Excellent transport links, including Lewes railway station with direct services to London, Brighton, and Eastbourne, are also conveniently close, making it suitable for commuters.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 3, Nevill Terrace, Lewes
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