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Old Drive, Polegate, BN26

South East

£300,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
991 sqft

Description

This detached bungalow presents a promising opportunity for investors or those looking to create their dream home. Located in a quiet cul-de-sac, the property boasts two spacious double bedrooms and an open-plan kitchen/diner measuring 16ft, along with a comfortable 12ft living room. The conservatory adds further potential for expansion or enhancement of living space. While the interior requires modernization, this is an excellent chance to personalize the home according to your taste. The generous rear garden is predominantly lawned and features mature trees and shrubs, providing a tranquil outdoor space, while an attached garage offers additional utility. With convenient access to Polegate High Street and the train station—offering direct services to Eastbourne, Brighton, Gatwick, and London Victoria—this property benefits from both local amenities and transport links. Given the property's current condition and the scope for development (subject to planning permissions), it represents a valuable investment for those eager to refurbish in this desirable South East location.

Investment Analysis

(BN26 area)

Below Market Value

This property is priced -23.2% below area average per sq ft

-23.2%
Potential saving
This Property
£303/sq ft
Area Average
£394/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£429,826
10% above area average per sq ft
Potential ROI
+26.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (BN26)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -4.1%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on BN26 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

Old Drive, Polegate, BN26
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,082
Based on a loan of £225,000 over 30 years at 4.06% 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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