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Old Drive, Polegate, BN26

South East

£330,000
Listed on 12/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
991 sqft

Description

This detached bungalow offers an exciting opportunity for renovation or investment, featuring two well-proportioned double bedrooms in a peaceful cul-de-sac. Its ideal location provides convenient access to the heart of Polegate, where you’ll find a diverse selection of shops, restaurants, and essential services. Additionally, Polegate train station is nearby, offering direct routes to Eastbourne and beyond, making it an attractive option for commuters heading to Brighton, Gatwick, or London. The layout of the property includes a spacious 16ft open-plan kitchen and dining area that leads to a conservatory, providing a potential focal point for modern living. The 12ft living room adds further appeal for relaxation or entertaining guests. While the home requires modernization, its generous dimensions offer ample scope to customize and enhance according to personal taste or market trends. Outside, the extensive rear garden is primarily laid to lawn and features mature trees and shrubs that could be revitalized into a charming outdoor space. There is also side gated access and a timber shed for additional storage. The attached garage offers further potential; it can serve as extra storage or a workshop space. With convenient road links via the A27 leading towards Brighton and London, this property not only promises personal comfort but also presents significant investment potential through renovation or development (subject to planning permissions). Whether you're seeking a project to make your own or looking to capitalize on rising property values in this desirable area, this bungalow represents an appealing option with significant possibilities.

Investment Analysis

(BN26 area)

Below Market Value

This property is priced -14.9% below area average per sq ft

-14.9%
Potential saving
This Property
£333/sq ft
Area Average
£392/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£426,774
10% above area average per sq ft
Potential ROI
+13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN26)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -4.1%
5 year growth: 9.3%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,209
Based on a loan of £247,500 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