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Downland Avenue, Peacehaven

South East

£245,000
Listed on 23/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
818 sqft

Description

This two-bedroom home presents a promising opportunity for both first-time buyers and investors seeking a renovation project. Located in a convenient area, the property is just a short stroll from local amenities, including a convenience store and the South Coast Road, which benefits from frequent bus services connecting Brighton and Eastbourne. For those who enjoy outdoor activities, the nearby open fields and countryside walks, along with access to the beach and cliff-top promenade, enhance its appeal. The interior of the home is ready for modernization, allowing potential buyers to craft their ideal living space or improve it for rental purposes. Entering through the porch leads you to an entrance hall that connects all main areas of the property. The kitchen/dining room at the front features ample storage cabinets and workspace, along with room for dining arrangements. A window provides a pleasant view of the front garden and distant Downland hills. The rear lounge offers comfortable space for furniture arrangements and includes large windows with access to the southwest-facing garden—a perfect area for future development or personal landscaping projects. Additionally, there is a conveniently located cloakroom on the ground floor. Upstairs, you will find two bedrooms; the master bedroom enjoys an open aspect overlooking the front while the second bedroom is positioned at the rear. Both rooms share a bathroom equipped with essential amenities. Externally, the property features a modest front garden and shared parking facilities. The tiered rear garden includes patio areas and gravel pathways alongside established shrubbery, providing potential for enhancement. A storage shed with power adds practicality to this outdoor space. Overall, this property offers significant renovation potential in a desirable location that could yield rewarding returns for those willing to invest time and resources into its improvement.

Investment Analysis

(BN10 area)

Below Market Value

This property is priced -21.1% below area average per sq ft

-21.1%
Potential saving
This Property
£300/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£328
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£341,429
10% above area average per sq ft
Potential ROI
+21.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN10)

Area prices are stable by +1.7% over the last 12 months
3 year growth: -1.9%
5 year growth: 15.4%
Investment Disclaimer: Analysis based on BN10 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

Downland Avenue, Peacehaven
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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
£897
Based on a loan of £183,750 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