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Mill Brooks, South Chailey, BN8

South East

£298,000
Listed on 11/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1106 sqft

Description

This spacious three-bedroom terraced house, spanning approximately 1,106 sq ft, presents a significant opportunity for renovation and investment. Located in the charming village of South Chailey, the property is ideally positioned near a well-regarded secondary school and comes with the advantage of no onward chain, simplifying the buying process. Upon entering, you are greeted by a welcoming hallway that leads to a convenient downstairs cloakroom/WC. The generous double-aspect lounge/dining room measures 17’7" x 16’1" and offers ample space for reconfiguration or modernization according to your vision. The room is further enhanced by double doors that open into a conservatory measuring 20’6" x 10’1", which provides direct access to the rear garden—perfect for extension or remodeling possibilities. The layout continues with a functional kitchen at the back of the home, also connected to the conservatory. Upstairs, you will find three bedrooms overlooking the peaceful surroundings, along with a bathroom that awaits your personal touch. Additional features include double glazing and electric heating throughout. The outdoor space includes a garden featuring two patio areas and an artificial turf section, offering low-maintenance options for landscaping or potential expansion. South Chailey is nestled amidst picturesque countryside while being conveniently located about five miles from Lewes and easily accessible to both Haywards Heath and Burgess Hill. Local amenities include a convenience store/post office within walking distance, while nearby villages offer additional services such as churches and pubs. With Plumpton Green and Cooksbridge providing railway access, commuting to London (Victoria and London Bridge in approximately 45 minutes) is straightforward. This property not only offers immediate living space but also considerable potential for enhancement or investment in a desirable rural setting.

Investment Analysis

(BN8 area)

Below Market Value

This property is priced -36.5% below area average per sq ft

-36.5%
Potential saving
This Property
£269/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£516,508
10% above area average per sq ft
Potential ROI
+48.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN8)

Area prices are rising by +3.8% over the last 12 months
3 year growth: -1.6%
5 year growth: 10.8%
Investment Disclaimer: Analysis based on BN8 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

Mill Brooks, South Chailey, BN8
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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
£1,092
Based on a loan of £223,500 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