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The Green, Newick, BN8

South East

£445,000
Listed on 06/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1280 sqft

Description

This three-bedroom Grade II listed period cottage presents a unique opportunity for renovation and investment, situated directly across from Newick's picturesque village green. With no onward chain, this property invites you to reimagine and update its charming original features. Upon entering, you're greeted by a welcoming hallway featuring an understairs cupboard for storage. The layout includes a cozy lounge and a separate dining room, providing versatile spaces that can be tailored to modern living. At the rear of the home, the kitchen connects to a lobby leading to the garden, while a staircase ascends to the first floor. The upper level comprises three bedrooms; two benefit from delightful views over the village green, creating a tranquil retreat amid the lively surroundings. A functional bathroom services this floor as well. Outdoor space is equally appealing with a formal front garden adorned with flower beds. The rear offers a paved terrace alongside a lawned area framed by mature hedging and trees. A brick outbuilding divided into three sections adds further potential for various uses, whether as additional storage, workshops, or creative spaces. This cottage is ideally positioned near essential amenities including local shops, cafes, pubs, and recreational areas. Families will appreciate access to an ‘outstanding’ primary school and numerous sports and social clubs within the community. For those commuting or seeking leisure options, Haywards Heath town center is approximately seven miles away, offering comprehensive shopping and mainline rail links to London and Brighton. With immediate access to beautiful countryside locations such as Chailey Common Nature Reserve and Ashdown Forest, along with nearby coastal towns like Eastbourne and Brighton, this property not only serves as a comfortable residence but also represents an exciting investment opportunity in an area rich in character and convenience.

Investment Analysis

(BN8 area)

Below Market Value

This property is priced -18.1% below area average per sq ft

-18.1%
Potential saving
This Property
£348/sq ft
Area Average
£425/sq ft
Avg Rent (weekly)
£438
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£597,766
10% above area average per sq ft
Potential ROI
+20.8%
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

The Green, Newick, 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
£1,630
Based on a loan of £333,750 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