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Abinger Place, Lewes, BN7

South East

£450,000
Listed on 10/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
925 sqft

Description

This two-bedroom townhouse presents an intriguing opportunity for renovation and investment in the sought-after Pells area of Lewes. Located just a short 0.2-mile stroll from the historic High Street, this property combines a charming character with modern living potential. The home features a well-designed layout that can easily accommodate customization. Currently, it boasts two spacious double bedrooms and a contemporary bathroom accessible from both the principal bedroom and the hallway. The dual-aspect sitting room offers pleasant views and has retained its original charm with a former fireplace; here lies the potential to convert a former shower room into a study or expand the sitting space through thoughtful renovations (subject to planning). A highlight of the property is its expansive 21-foot kitchen dining room, which enjoys direct access to a westerly-facing courtyard garden—a desirable feature for outdoor entertaining or gardening enthusiasts. The kitchen, finished in glossy white with wood-look work surfaces, is open-plan to the dining area, making it an inviting space for gatherings. Upstairs, the first floor landing provides access to both bedrooms. The primary bedroom includes fitted storage and overlooks Abinger Place. The second double bedroom on the upper level offers expansive views towards the South Downs, further enhancing its appeal as a restful retreat. Outside, the brick-paved courtyard adds charm and functionality, with gated access to the rear. It's worth noting that neighboring properties have right-of-way access through this area, typical for homes in this part of Lewes. Situated within close proximity to local amenities such as shops, restaurants, and public houses on the High Street—just 0.2 miles away—the location also offers easy access to scenic riverside walks and recreation grounds equipped with playgrounds. The Depot Cinema and mainline train station are conveniently located about 0.3 miles away, providing direct transport links to London and Brighton. This property not only serves as an ideal home but also holds significant investment potential due to its flexible layout and prime location in a vibrant community known for its reputable schools and active lifestyle offerings including various sports clubs. In summary, this townhouse represents an excellent canvas for those looking to create their vision while enjoying all that Lewes has to offer.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -7.1% below area average per sq ft

-7.1%
Potential saving
This Property
£486/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£532,814
10% above area average per sq ft
Potential ROI
+8.7%
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

Abinger Place, 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
£1,648
Based on a loan of £337,500 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