2-bedroom bungalow · BN9 9DJ
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This park home resides at the top of Downland Park with views overlooking Newhaven.
located at the front of the property is the dining room with open plan access to the very generous lounge which has dual aspect windows that bring in an abundance of light, furthermore there is a rear door providing access to the rear of the property.
The kitchen is also accessed off of the dining room and has plenty of wall and base units for storage and a good amount of worktop surface.
The bathroom room is tiled floor to ceiling and comprises from an electric shower, toilet, vanity unit, electric towel radiator and storage cupboard.
The two bedrooms are located to the rear, both with built in storage and both of a double in size.
This property has a decked patio to the front of the property so you can see the view over Newhaven all day.
Pitch Fee - £235.00 monthly Garage rent - £10.00 per week (subject to availability) Council tax - Band A Over 50's only.
(please note these figures have been provided to us by the current owner) Newhaven itself is situated at the mouth of the river Ouse and is commonly known for its working port and ferry service to Dieppe, France.
Newhaven offers a variety of local independent shops and businesses from Coffee Houses, Restaurants and Salons as well as nationwide retailers such as Sainsburys, The Range, B&Q, Lidl and many more.
With an array of nurseries, primary and secondary schools, Newhaven is fast becoming a choice for families along the South Coast.
The town is currently the subject of a major regeneration scheme which will include new job opportunities, more commercial premises and residential housing.
Being a 10 minute drive from Lewes, 30 Minute drive from Brighton and Eastbourne and having its own Mainline train station offering services to London Victoria and surrounding areas, Newhaven is the perfect place for families, commuters and couples alike.
he has lived there 2 1/2 years Pitch fee - £235 per month built in 1990
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.
Area
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FAQ
About The Drive, Newhaven
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