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Old London Road, Washington, RH20

South East

£500,000
Listed on 11/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2998 sqft

Description

Situated in a delightful neighbourhood, this four-bedroom detached house, constructed in 1991 and owned by the same family since its inception, presents a remarkable chance for renovation-minded buyers. Entering through a secure porch, you are greeted by an entrance hall that provides storage solutions and access to an integral garage that holds great potential for conversion into additional living space, pending necessary planning permissions. The kitchen is generously sized but in need of modern updates; it features numerous fitted cupboards and integrated appliances alongside room for free-standing units. Adjacent to the kitchen is a utility area with sliding doors leading to the garden, fostering an ideal blend of indoor functionality and outdoor enjoyment. The ground floor encompasses several living areas: a sitting/dining room with garden access via French doors and a fireplace adding warmth, a spacious dining room perfect for hosting guests that flows into a conservatory with views of the well-established garden, and a lounge that could easily be repurposed as an additional bedroom due to its versatile layout. A separate WC completes this level. Moving upstairs reveals four large bedrooms complete with fitted wardrobes; the primary bedroom enjoys the added benefit of an en-suite bathroom equipped with both bath and shower facilities. The family bathroom also serves this floor well, while two further double bedrooms on the second floor offer flexible space suitable for home offices or guest rooms, along with potential for an extra bathroom conversion (subject to approvals). The exterior features a dual-level rear garden enriched by mature trees and hedgerows, offering ample lawn space as well as a private patio—ideal for outdoor gatherings. The property backs onto The Warren park, allowing easy access to beautiful walks and scenic views. Driveway parking at the front provides convenience alongside lush green lawns that enhance privacy. This property blends contemporary living within serene surroundings, making it an appealing prospect for those eager to invest in a residence with significant potential and character. It is also conveniently located near major roadways and within close proximity to the picturesque South Downs National Park.

Investment Analysis

(RH20 area)

Below Market Value

This property is priced -59.9% below area average per sq ft

-59.9%
Potential saving
This Property
£167/sq ft
Area Average
£415/sq ft
Avg Rent (weekly)
£326
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,369,906
10% above area average per sq ft
Potential ROI
+136.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
30%
Properties sold annually

Local Market Trend (RH20)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -4.3%
5 year growth: -1.1%
Investment Disclaimer: Analysis based on RH20 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

Old London Road, Washington, RH20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 over 30 years at 4.06% 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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