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Walnut Court, St. Johns Road, Polegate

South East

£175,000
Listed on 18/10/2025

Property Details

Bedrooms
2
Type
Flat

Description

This first-floor flat presents an opportunity for renovation and investment in a desirable area of Polegate. With two bedrooms and a functional layout, the property offers a solid foundation for modernization to enhance its appeal and value. Upon entering, a well-maintained communal entrance leads to the flat, providing access to a welcoming hallway that includes a convenient storage cupboard. The living room features dual aspects with views towards the South Downs, filling the space with natural light and potential for personalization. This room is equipped with double glazing and essential heating elements, making it comfortable while awaiting your design updates. The kitchen, though currently functional, could benefit from a refresh to match contemporary standards. It includes fitted units with wood-effect cabinetry and sufficient space for modern appliances, offering an excellent chance to create an inviting cooking area tailored to your preferences. Both bedrooms are of reasonable size; the main bedroom boasts dual aspect windows that further enhance light flow. The second bedroom can serve as either a guest room or office space, catering to various lifestyle needs. The bathroom contains basic fixtures that could be upgraded to create a more modern retreat. Externally, residents can enjoy well-kept grounds featuring a front garden and dedicated parking at the rear, adding to the property's convenience. Located just moments from Polegate’s High Street, which offers an array of independent shops and eateries, as well as easy access to public transport links via the nearby train station, this location is ideal for those seeking both community and connectivity. With a share of freehold ownership and no ongoing chain complications, this property holds significant potential for those looking to invest in improvements or capitalize on rental opportunities in an attractive residential area. The lease terms include reasonable maintenance fees without ground rent obligations contributing further ease of ownership. Overall, this flat stands ready for transformation—whether you envision a stylish update or are looking for a sound investment opportunity in Polegate's flourishing market.

Investment Analysis

(BN26 area)
Area Average
£392/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.9%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
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

Walnut Court, St. Johns Road, Polegate
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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
£641
Based on a loan of £131,250 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