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Ashurst Lane, Plumpton, BN7

South East

£500,000
Listed on 19/07/2023

Property Details

Bedrooms
N/A
Type
Detached house

Description

This former stable block presents a unique opportunity for residential redevelopment, making it an ideal project for those looking to invest in a property with substantial renovation potential. The site comes with Approved Planning Permission to transform the existing structures into a bespoke home that will seamlessly integrate the original stables with a contemporary extension. The proposed design outlines a spacious 2,395 sq ft home featuring four double bedrooms, each with its own en-suite bathroom or shower room. A highlight of the plans is the open plan living area that connects directly to the kitchen diner, offering expansive views over the surrounding countryside. Architectural features include vaulted ceilings with roof windows and an atrium-style entrance that bridges the rejuvenated stable block and new construction. Additionally, there is a proposal for a 425 sq ft detached one-bedroom annexe, which will be developed from an existing outbuilding. This versatile space could serve as guest accommodation or potentially provide rental income. Outside, the property will encompass a walled courtyard alongside gardens that take full advantage of picturesque countryside vistas. Plans also indicate provisions for off-street parking, further enhancing practicality. Located on Ashurst Lane—a private road and bridleway in the desirable village of Plumpton—this site offers numerous benefits for future residents. Plumpton Railway Station provides convenient access to Lewes, Haywards Heath, and London Victoria. Local amenities include a convenience store and several public houses within walking distance. Families will appreciate nearby recreational facilities such as sports fields, playgrounds, and well-regarded schools. The surrounding countryside offers ample opportunities for scenic walks and outdoor activities. This property's combination of location and development potential makes it an attractive option for investors or those seeking to create their dream home in a charming village setting.

Investment Analysis

(BN7 area)
Area Average
£524/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN7)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 1.4%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on BN7 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Ashurst Lane, Plumpton, BN7
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE