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 work3-bedroom terraced house · BN7 1UR
For saleListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming 3 bedroom property with much character located in an exceptional rural position on the South Downs as part of Lewes former racecourse with excellent access to bridleways yet just a short distance from Lewes high street and mainline station.
Description The Estate is set within the tranquil elevated grounds of the former Lewes Racecourse, an iconic location with roots dating back to the 1700s.
The final race was held in 1964 but the area remains steeped in history and character.
Today this elevated setting offers sweeping countryside views within a wonderfully peaceful environment while remaining in easy reach of all the conveniences of town life.
The location is ideal for outdoor enthusiasts with direct access to a network of scenic footpaths, bridleways and cycle routes leading onto the heart of the South Downs National Park.
Whether you are a avid walker, cyclist or nature lover the surrounding landscape offers endless opportunities to explore.
This charming property was converted approximately 2 years ago with much attention to retaining character and individuality with exposed pipework, rubber flooring, cork tiling and some exposed beams and brickwork.
There is light and flexible accommodation arranged over two floors with a living room opening to study area, kitchen/dining room and family bathroom all on the ground floor and 3 bedrooms on the first floor.
Outside The property is approached via a long driveway winding across the South Downs to the gated entrance. To the front is a parking area and courtyard garden overlooking the spectacular views.
The property does have potential to extended further if required subject to the relevant planning consents being granted.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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

FAQ
About The Old Racecourse, Lewes
Explore nearby