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The Lookout, Peacehaven

South East

£800,000
Listed on 20/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
2114 sqft

Description

This property presents a distinctive opportunity for renovation and investment, featuring six spacious bedrooms within a detached home that sits adjacent to the scenic South Downs National Park. Boasting over three acres of land, the estate includes a stable block, office space, and tack rooms, all of which are in need of refurbishment and can be transformed to suit various needs. Originally configured as two semi-detached residences, this home has been occupied by a single family since 2001. The potential here is significant, especially with lapsed planning permission for an additional detached house available for inquiry via Lewes District Council (reference LW/13/0838). This flexibility in development makes it an appealing prospect for those looking to invest. The location is tranquil, set just a short seven-minute drive from the A259 coast road while providing picturesque views toward Seaford Head to the south and Firle Beacon to the northwest. Access to local bridle paths offers direct routes leading out towards Piddinghoe Road and Telscombe Village, enhancing its appeal for outdoor enthusiasts. Moreover, previous discussions have explored the feasibility of developing up to seven houses on this plot, indicating further potential for growth. For those interested in expanding their investment or personal space, an additional four acres of paddocks and land may be acquired separately. Accessible via a rural track from Telscombe Road/Roderick Avenue North, this property combines privacy with proximity to necessary amenities. The possibilities here are vast—whether you’re looking to restore a family home or pursue development projects in a highly desirable area.

Investment Analysis

(BN10 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£378/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£882,373
10% above area average per sq ft
Potential ROI
-16.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN10)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -1.9%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on BN10 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

The Lookout, Peacehaven
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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
£2,931
Based on a loan of £600,000 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