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Malthouse Lane, Burgess Hill, RH15 - Image 1
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Malthouse Lane, Burgess Hill, RH15

South East

£465,000
Listed on 10/09/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1006 sqft

Description

This individual detached bungalow presents a promising opportunity for renovation and investment, featuring two double bedrooms and a full-width ground floor extension that adds significant potential for reconfiguration or modernization. Built in 1969 and not previously on the market since 1988, this property invites the vision of new owners looking to update it to meet contemporary standards. Nestled at the beginning of a tranquil no-through lane on the northern edges of Burgess Hill, the location strikes a balance between rural charm and urban convenience. Residents will appreciate nearby open countryside while still being just a short walk from essential amenities, including a Tesco convenience store and a local doctor's surgery. The area is also well-served by schools and pubs, such as the Woolpack Pub and Sportsman Village Pub, with the town center and mainline station located approximately 1.5 miles away. Internally, the layout includes an entrance hall with access to the loft, two generously sized double bedrooms, and a bathroom. The kitchen/breakfast room offers a triple aspect view with built-in cupboards and side access, while the spacious lounge/dining room features sliding patio doors that lead out to the expansive rear garden. Outside, there is ample parking provided by a private block-paved driveway accommodating up to four vehicles, which leads to an extensive garage measuring 24 feet in length. The large west-facing rear garden measures approximately 70 feet by 38 feet and includes a patio area directly adjacent to the house along with lawn space beyond. Additional structures such as a shed and summerhouse—both equipped with power outlets—and a greenhouse provide further functionality in this outdoor space. The property is fitted with gas-fired central heating from a Glow-worm boiler housed in an external brick cupboard, alongside uPVC framed double-glazed windows ensuring energy efficiency. Overall, this bungalow offers significant renovation potential in a desirable location conducive to both residential comfort and future value appreciation.

Investment Analysis

(RH15 area)

Above Market Value

This property is priced +9.2% above area average per sq ft

+9.2%
This Property
£462/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£468,424
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RH15)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 2.7%
5 year growth: 20.4%
Investment Disclaimer: Analysis based on RH15 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

Malthouse Lane, Burgess Hill, RH15
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,703
Based on a loan of £348,750 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