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See how verdicts work2-bedroom house · BN9 9QD
For saleListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
CHARMING CHARACTER COTTAGE CLOSE TO NEWHAVEN HARBOUR AND TOWN CENTRE - POTENTIAL TO EXTEND/POSSIBLE BUILDING PLOT (SPP).
Premier Sales are delighted to be marketing this delightful 2 bedroom, 2 reception room (currently open-plan sitting/dining room) semi-detached house.
The property benefits from a large rear garden with side access offering potential to extend or small building plot (SPP).
The house is in need of some refurbishment but offers spacious accommodation and is ideally located being within walking distance of Newhaven Harbour, town centre, railway station plus bus/road links.
Offered with VACANT POSSESSION. Viewing is highly recommended. EPC - E. Entrance Hall Open-plan hallway leading to sitting/dining room. Fitted carpet.
Dining Room 6.9m (22'8) x 4.4m (14'5) Original sash window overlooking rear garden, built-in full-height storage cupboard plus further built-in cupboard.
Radiator, fitted carpet, open-plan to:- Sitting Room Original sash window overlooking front, built-in cupboard, original fireplace with wood surround, fitted carpet, radiator.
Kitchen 3.4m (11'2) x 2.2m (7'3) Range of cream 'Shaker-style' wall and base units with wood-effect work-surfaces. Stainless steel sink/drainer with mixer taps, built-in electric oven, electric hob.
Space and plumbing for washing machine, further under-counter space for appliance. Space for full-height fridge/freezer.
Part-tiled walls, window to side with view of ferry/port, double doors opening onto rear garden.
First Floor Landing Open-plan stairs leading to First Floor Landing with fitted carpet, door leading to stairs to Second Floor.
Bedroom 1 4.11m (13'6) x 3.3m (10'10) Spacious and double-aspect bedroom with original windows to side and front. Fitted carpet, radiator. Views towards harbour and ferry.
Bathroom 3.4m (11'2) x 2.3m (7'7) Charming and spacious bathroom with white suite comprising bath with shower attachment over plus glass shower screen, wash basin set into wooden cupboard, WC.
Part-tiled walls, wooden flooring, original sliding sash window, original iron fireplace, built-in storage cupboard. Second Floor Stairs from First Floor Landing to Bedroom 2.
Bedroom 2 4.2m (13'9) x 4.4m (14'5) Large double bedroom with original window, fitted carpet, radiator. Views towards harbour and ferry. Gardens Gate from pavement to small front garden.
Gate leading to side and rear garden. Large and level rear garden laid mainly to lawn with patio area. Large summer house with light and power. Potential to extend to rear and side(s) (SPP).
Potential building plot (SPP). Investor Landlord: Current market rent achievable: £1,200 pcm. Value may change according to market conditions. Yield calculator available at Council Tax Band B
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 Chapel Street, BN9
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