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Pinewood Close, East Preston, BN16 - Image 1
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Pinewood Close, East Preston, BN16

South East

£550,000
Listed on 18/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1596 sqft

Description

Presenting a three-bedroom detached bungalow located in a desirable and quiet area of East Preston, this property offers solid potential for renovation and investment. The generous living spaces create a welcoming atmosphere, making it an ideal canvas for those looking to update and personalize their home. At the center of the house is a spacious dual-aspect reception room measuring 22ft by 17ft, providing ample room for both entertaining guests and enjoying leisurely days at home. The kitchen connects seamlessly to a bright conservatory, which serves as a lovely spot for morning coffee or reading while taking in views of the garden. A second conservatory at the back adds versatility, suitable for use as a garden room, home office, or creative space. The bungalow includes three well-proportioned bedrooms, with the main suite featuring built-in storage solutions. A separate dining room offers an elegant setting for meals or gatherings, complemented by two family bathrooms that enhance daily functionality. The property sits on an approximately 0.18-acre plot with established gardens that present an opportunity for gardening enthusiasts or prospective buyers interested in extending the existing structure (subject to planning permissions). Positioned less than a mile from stunning beaches and within walking distance to shops, cafes, and essential amenities — just a six-minute stroll away — this location combines village tranquility with coastal convenience. Excellent transport links provide easy access to nearby areas such as Rustington and Worthing, making it suitable for families, retirees, or professionals seeking both serenity and accessibility. This bungalow is offered without a chain and presents an exciting opportunity to modernize and tailor your living space within this appealing neighborhood. Additionally, all critical documents have been prepared for prospective buyers' review before making an offer. The outdoor space features beautifully landscaped gardens surrounded by mature trees and vibrant plantings. Multiple seating areas allow you to enjoy the sun throughout the day while providing ample room for relaxation or entertaining. For those with ambitions of extending or reimagining their outdoor setup — there is considerable scope here to enhance this private haven further. Parking options are plentiful with both driveway space and a detached garage available. This property stands out as a promising investment opportunity in a sought-after locale where modernization can yield rewarding results.

Investment Analysis

(BN16 area)

Below Market Value

This property is priced -13.1% below area average per sq ft

-13.1%
Potential saving
This Property
£345/sq ft
Area Average
£397/sq ft
Avg Rent (weekly)
£319
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£696,534
10% above area average per sq ft
Potential ROI
+12.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BN16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on BN16 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

Pinewood Close, East Preston, BN16
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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
£2,015
Based on a loan of £412,500 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