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Mile Oak Road, Southwick

South East

£400,000
Listed on 10/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
902 sqft

Description

This three-bedroom detached 'Barclay' bungalow presents an excellent opportunity for renovation and investment in a desirable residential area. The property is strategically located near local shops, amenities, and robust transport connections, making it particularly appealing for families and potential buyers looking to enhance their living space. It also falls within the catchment area for Shoreham Academy, a school with an 'Outstanding' Ofsted rating. Backing onto the verdant Mile Oak Road Park, the home offers a tranquil setting with ample space that can be leveraged for future enhancements. While some areas would benefit from modernization, this creates a unique canvas for those interested in personalizing their home, or for investors looking to capitalize on the area’s potential. Many neighboring properties have successfully undergone extensions and renovations, indicating strong possibilities for added value. Inside, the bungalow features a generous 17-foot bay-fronted lounge that invites natural light, alongside a fitted kitchen and three well-proportioned bedrooms. A full-width double-glazed lean-to conservatory further expands the living space and connects seamlessly to the secluded rear garden. Additional practicalities include double glazing and gas central heating throughout. The exterior of the property offers off-road parking at the front and access to a detached garage, enhancing its functional appeal. With no onward chain, this home allows for straightforward transactions and prompt occupancy. Residents will appreciate proximity to Southwick Village Green and Southwick Square, which host an array of shopping options from both independent stores to larger chains like Waitrose. The nearby Holmbush Shopping Centre offers additional choices with its M&S and Tesco Extra stores. Public transportation is easily accessible via Southwick railway station or multiple bus routes along Old Shoreham Road, facilitating travel to Brighton and beyond. For outdoor enthusiasts, the nearby South Downs offer picturesque walking and cycling paths while Southwick Beach invites leisurely activities such as paddleboarding or simply enjoying coastal strolls. This property's combination of location benefits and renovation potential makes it an intriguing prospect for both families seeking their next home and investors aiming to maximize value in a thriving community.

Investment Analysis

(BN42 area)

Above Market Value

This property is priced +6.7% above area average per sq ft

+6.7%
This Property
£443/sq ft
Area Average
£416/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£412,507
10% above area average per sq ft
Potential ROI
-6.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
8
Average per month
Market Turnover
26%
Properties sold annually

Local Market Trend (BN42)

Area prices are rising by +6.0% over the last 12 months
3 year growth: -0.9%
5 year growth: 29.0%
Investment Disclaimer: Analysis based on BN42 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

Mile Oak Road, Southwick
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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