5-bedroom house · BN7 2HH
Listing removedListed 197 days
Opportunity summary
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About
Versatile 5 Bed Lewes Home With South Downs Views Upon entering the hallway features stripped wooden floors that extend a sense of warmth and character throughout.
The ground floor is thoughtfully designed to offer exceptional flexibility. A dedicated utility area with worktops and plumbing for a washing machine, provides practical convenience.
Adjacent to this, a modern downstairs shower room features a spacious walk-in cubicle, toilet and sink.
The two ground floor rooms could serve as bedrooms 4 & 5 or, could be used as a separate one bedroom apartment. From the ground floor is a door to the rear garden.
The front studio room includes its own well appointed kitchen, fitted with solid wood tops and integrated appliances and the rear bedroom over looks the garden.
This arrangement makes it ideal for a variety of uses, whether as an independent living space for a family member, a dedicated home office, or even a potential income stream.
Ascending to the first floor is a large, open-plan living and dining space. This expansive area offers impressive, far reaching views across the Lewes towards the South Downs.
The high specification kitchen features solid wood worktops, a classic double butler sink, and a 7-ring range style cooker.
Further enhancing its functionality are a selection of cupboards, drawers and integrated appliances, including a dishwasher and washing machine.
On the top floor is the modern family bathroom equipped with a bath and a shower over.
There are three further bedrooms on this level, two generous double bedrooms benefit from fitted storage and impressive views from the front aspect.
A versatile single bedroom, which could also serve as an ideal home office, completes the sleeping accommodation.
Externally, the property offers a tiered rear garden with a timber deck, a useful storage shed and a raised patio area with steps. To the front of the property there is off street parking.
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 23 Spences Field, Lewes, East Sussex
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