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Vernon Road, Uckfield, East Sussex, TN22 - Image 1
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Vernon Road, Uckfield, East Sussex, TN22 - Image 3
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Vernon Road, Uckfield, East Sussex, TN22 - Image 5
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Vernon Road, Uckfield, East Sussex, TN22 - Image 8
Vernon Road, Uckfield, East Sussex, TN22 - Image 9
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Vernon Road, Uckfield, East Sussex, TN22 - Image 11

Vernon Road, Uckfield, East Sussex, TN22

South East

£165,000
Listed on 07/10/2025

Property Details

Bedrooms
1
Type
Flat
Area
479 sqft

Description

This purpose-built one-bedroom flat presents a significant opportunity for renovation and investment. Located on the first floor, the unit features spacious accommodations that could be transformed into a stylish and modern living space. The property includes a small private garden at the rear, offering potential for landscaping or outdoor enhancements. Inside, the layout comprises an entrance hall leading to a sizable sitting room with views over the back garden, creating a cozy atmosphere. The kitchen/dining area is equipped with essential fixtures and offers ample room for further development, ideal for those looking to create an open-plan environment. The bedroom comes with built-in wardrobe storage, providing practical solutions for space management. The bathroom includes necessary amenities but is in need of refurbishment; this provides an excellent canvas for updates to meet contemporary standards. Additional features of the flat include gas central heating and double glazing, which enhance energy efficiency. On the exterior, there is an open-plan communal lawn area at the front, fostering a sense of community within the building. The private garden at the back may require some attention but offers undeniable potential for those willing to invest time and effort in improving it. Situated in a desirable residential area on the south side of town, this property benefits from proximity to Uckfield’s wide array of shops, dining options, and recreational facilities including a cinema and leisure center. Public transport access is convenient with nearby bus services connecting to Lewes, Brighton, and Tunbridge Wells; additionally, Uckfield Station provides direct routes to London Bridge and East Croydon. With vacant possession available, this flat not only represents an affordable entry point into real estate but also holds considerable promise as a project for investors or first-time buyers eager to create their ideal home. The leasehold status currently has 88 years remaining, with manageable service charge obligations contributing to its attractiveness as an investment opportunity.

Investment Analysis

(TN22 area)

Below Market Value

This property is priced -15.8% below area average per sq ft

-15.8%
Potential saving
This Property
£344/sq ft
Area Average
£409/sq ft
Avg Rent (weekly)
£351
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£215,607
10% above area average per sq ft
Potential ROI
+13.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (TN22)

Area prices are stable by +0.7% over the last 12 months
3 year growth: 3.4%
5 year growth: 15.0%
Investment Disclaimer: Analysis based on TN22 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

Vernon Road, Uckfield, East Sussex, TN22
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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
£604
Based on a loan of £123,750 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