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Newlands, Balcombe, RH17

South East

£400,000
Listed on 17/07/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1026 sqft

Description

This three-bedroom mid-terrace family home, cherished by its owner for the past 50 years, presents a unique opportunity for renovation and investment. With a solid foundation and well-established structure, the property has significant potential for modernization and expansion (subject to planning permission). Nestled in a small, peaceful cul-de-sac off Newlands, this residence benefits from a central green space and provides convenient access to Balcombe’s village center, primary school, and the mainline railway station—making it an attractive option for families and commuters alike. Upon entry, you are welcomed by a spacious entrance hall leading to a cozy sitting room at the rear of the home. This area features an appealing gas fireplace and patio doors that open onto the garden, creating a pleasant flow between indoor and outdoor spaces. The kitchen/dining room stretches from front to back, equipped with a mains gas-fired Rayburn that serves as both a cooking appliance and hot water system. A bay window in the dining area allows natural light to fill the space, which is complemented by a practical kitchen layout with wall and base units, an integrated slimline dishwasher, and provisions for additional appliances. A separate pantry cupboard adds further functionality. Upstairs are three well-sized bedrooms. The first two are comfortable doubles with views towards the garden, while the third is a generous single located at the front of the house featuring ample fitted wardrobe space. All bedrooms share access to a family bathroom complete with shower over bath. Additional benefits include uPVC double-glazed windows throughout and mains gas heating provided by the Rayburn. The property's location within a central village enhances its appeal while offering scope for improvements. Outside, enjoy tranquil views across the shared green space from your small front garden, which is bordered by low-level hedging. Private residents’ parking is available just beyond this area. The mature rear garden is particularly noteworthy; it’s divided into three sections featuring lush lawns intermixed with established planting. A pergola leads through to another lawn area dominated by an impressive oak tree and accompanied by a substantial timber shed. The setting provides excellent privacy—a selling point for any prospective buyer. Furthermore, there is an external brick-built WC alongside an adjoining storeroom that could offer conversion possibilities into additional living space such as a utility room or study (subject to local planning conditions). This property is being offered with no upward chain—an added advantage for buyers seeking to make their mark on this charming home in Balcombe.

Investment Analysis

(RH17 area)

Below Market Value

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

-15.8%
Potential saving
This Property
£390/sq ft
Area Average
£463/sq ft
Avg Rent (weekly)
£472
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£522,485
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (RH17)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -9.2%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on RH17 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

Newlands, Balcombe, RH17
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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
£1,465
Based on a loan of £300,000 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