3-bedroom house · BN7 1UR
Listing removedReduced £105k (−9.5%) on 25 MayListed 256 days
Opportunity summary
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About
The Studio, stables and land, comprising of a 3-bedroom studio, stable block and approximately 7 acres.
Forming part of the Lewes Old Racecourse in a stunning elevated position with views of the South Downs. For sale as a whole or individual lots with further land also available.
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.
LOT 3 (coloured blue) Studio, Stables and Land The Studio offers an exceptional and architectural striking alternative living space with an elevated entrance opening into a stunning open plan layout characterised by vaulted ceilings, bespoke lighting features and high set windows.
The kitchen and dining area, finished in rich timber tones occupies one side of the space and offers both style and practicality.
This flows into a central living zone with room for comfortable seating or desk at the far end.
Each of the three double bedrooms enjoys dramatic ceiling lighting and is accessed by sliding doors from a central hallway providing a stylish and spacious feel throughout.
The spa like bathroom offers separate zones for dressing, bathing and wc, it can also be accessed either from the hallway or directly from one of the bedrooms.
Externally from the front there is a driveway providing private parking. To the side is a private garden laid to grass.
Attached to the studio is a barn housing ten purpose built stables, tack room and store with a large area of hard standing behind ideal for horse boxes or trailers.
Additionally there is approximately 7 acres of former gallops. Please note: There is currently a planning restriction which prevents the Studio being used as a main residence.
ADDITIONAL LAND Additionally there is further racecourse land available by separate negotiation.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About The Old Racecourse, Lewes
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