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Market Street, Lewes, BN7

South East

£300,000
Listed on 10/10/2025

Property Details

Bedrooms
1
Type
Detached house
Area
682 sqft

Description

This charming Grade II Listed cottage presents a promising opportunity for those looking to invest in a property with renovation potential. Located just a short stroll from the vibrant High Street and Mainline Railway Station, the home is ideally positioned to take advantage of all that Lewes has to offer. Recently refurbished, the cottage features a modern kitchen and bathroom, providing a comfortable living space while retaining its historical character. The bright sitting room welcomes ample natural light and offers built-in storage, with stairs leading up to the versatile upper level. The kitchen, finished in soft grey tones with complementary tiled splashbacks, includes sufficient cabinetry and direct access to the quaint courtyard garden. The ground floor bathroom is equipped with contemporary fixtures, including a bath with shower over and stylish tiled walls. An advantageous study landing area overlooks the street, making it a functional space for work or leisure. The generously sized bedroom seamlessly connects to this study area, showcasing exposed timber beams and offering scenic views. In addition, there is a loft room accessible via ladder, currently used for storage but presenting additional potential for conversion into usable space. The appealing brick-laid courtyard garden is an inviting outdoor retreat and provides convenient access to Market Lane—a delightful thoroughfare lined with characterful homes and local businesses. Investors will appreciate the possibility of creating a second bedroom by repositioning the staircase, subject to requisite permissions. This enhancement could substantially increase both living space and property value. The surrounding location enhances this property’s appeal; nestled in the heart of Lewes town centre, it enjoys proximity to an array of independent shops and eateries found along Market Street. With the Mainline Railway Station only a six-minute walk away (according to Google Maps), residents can easily access Brighton, London, and Gatwick Airport. With gas central heating and freehold status as well as its historical significance being Grade II Listed, this cottage offers both comfort and alluring investment potential in an increasingly sought-after area.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -16.0% below area average per sq ft

-16.0%
Potential saving
This Property
£440/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.1%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£392,842
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN7)

Area prices are stable by +1.0% over the last 12 months
3 year growth: 1.4%
5 year growth: 14.0%
Investment Disclaimer: Analysis based on BN7 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

Market Street, Lewes, BN7
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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
£1,099
Based on a loan of £225,000 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