3-bedroom bungalow · BN8 4QR
Sold STCListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ref MG1259 Set on a generous plot of around a third of an acre and offered to the market with no onward chain, this detached bungalow is a home that offers far more flexibility than first meets the eye.
Extending to approximately 1,400 sq ft, the property combines well balanced accommodation with the added benefit of a self contained annexe; ideal for multi-generational living, working from home or simply when friends and family come to stay.
The main home has a practical and easy flowing layout, with the entrance hall leading through to the sitting room which enjoys a lovely outlook towards the south facing garden.
The addition of the conservatory creates further reception space and connects particularly well with the garden during the warmer months.
The kitchen/dining room is very much the heart of the home and its L-shaped design creates a sociable space that works equally well for everyday living and entertaining, whilst the separate utility room and cloakroom help keep the practical side of day to day life neatly tucked away.
There are two bedrooms within the main bungalow, including a principal bedroom with built in wardrobes, together with a shower room serving this part of the house.
One of the standout features is undoubtedly the self contained annexe, which offers excellent versatility depending on a buyer’s requirements.
The space includes its own sitting room, kitchen area, bedroom and cloakroom, making it ideal for an independent relative, guest accommodation, a home business or potentially an Airbnb-style setup, subject to any necessary consents.
Outside, the gardens wrap beautifully around the bungalow and give the home a wonderfully tucked away feel.
The plot itself is a real feature, offering a mixture of lawned areas, patio seating spaces, a greenhouse, timber sheds and established planting including fruit trees.
To the front, there is ample driveway parking for several vehicles. The council tax is band F and the tenure is freehld.
The local area The property is positioned within easy reach of the centre of Newick, one of the area’s most sought after villages and particularly well known for its picturesque village green and strong sense of community.
The village has a really nice balance to it; large enough to feel well served for day to day life, whilst still retaining the character and feel people are often looking for when moving out to Sussex villages.
Amenities include two convenience stores, a bakery, pharmacy, café, popular local pubs including The Bull and The Royal Oak, together with a highly regarded primary school and excellent recreational facilities including tennis and bowls clubs.
The surrounding countryside is another major attraction, with nearby walks across the South Downs, Chailey Common and Ashdown Forest all within easy reach.
For commuters, Haywards Heath provides fast rail connections into London Victoria and London Bridge, whilst Lewes sits approximately 8 miles to the south and offers a brilliant mix of independent shops, restaurants and historic character.
Barcombe Mills, one of the area’s favourite summer spots for paddleboarding, wild swimming and riverside walks, is also within easy reach.
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
Agent & docs
FAQ
About Ascalon, 2 Newick Hill, Lewes
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