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See how verdicts work3-bedroom house · BN7 1UR
For saleListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Charming Three-Bedroom Character Cottage Set Within The Former Lewes Racecourse A charming three-bedroom character cottage situated in an exceptional rural position on the South Downs, within the historic grounds of the former Lewes Racecourse.
Enjoying a peaceful elevated setting with far-reaching countryside views and direct access to bridleways, footpaths and cycle routes, the property offers the best of country living while being just a short distance from Lewes High Street and the mainline railway station.
Set within the former Lewes Racecourse, an iconic location with origins dating back to the 1700s, the property is surrounded by the beautiful landscape of the South Downs National Park.
Although the final race took place in 1964, the area retains its unique history and character, providing a tranquil setting ideal for walkers, cyclists and those who enjoy the outdoors.
Converted approximately two years ago, the property has been thoughtfully designed to retain its individual character, with features including exposed pipework, exposed beams and brickwork, rubber flooring and cork tiling.
The light and flexible accommodation is arranged over two floors and comprises a sitting room opening into a study area, a spacious kitchen/dining room and a family bathroom on the ground floor.
Upstairs are three well-proportioned bedrooms, offering versatile accommodation for families, guests or those working from home.
The property is approached via a long driveway across the South Downs, leading to a gated entrance. To the front is a parking area and a courtyard garden enjoying spectacular countryside views.
The property also offers potential for further extension, subject to the necessary planning consents.
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
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FAQ
About Grooms Cottage, County Stables, Lewes
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