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Prince Edwards Road, Lewes

South East

£565,000
Listed on 23/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1152 sqft

Description

This well-positioned mid-terrace house, nestled within a sought-after stretch of Prince Edwards Road, offers a promising opportunity for renovation and investment. Built in the 1970s, this two-storey residence features four bedrooms and a shower room conveniently located on the first floor. The spacious landing suggests potential for conversion into additional living space, pending planning approval. On the ground floor, the layout includes an entrance hall leading to a cloakroom, a front sitting room with a fireplace, and double doors that connect to the dining area. There is potential to enhance the flow by opening up this space to the fitted kitchen. An integral garage presents further possibilities for conversion into an extra sitting room or home office—options that have been realized in similar properties along the street. The property is equipped with double glazing and gas central heating, making it comfortable as-is while also providing a solid foundation for updates. Located in the desirable Wallands area of Lewes, Prince Edwards Road is lined with trees and grassy verges, creating an appealing environment for residents. Proximity to local amenities adds to its allure; Lewes High Street is just a 15-minute walk away and boasts a blend of historical charm with independent shops, cafés, restaurants, and convenient access to superstores. For commuters, the mainline railway station nearby offers direct services to London Victoria in approximately 65 minutes and Brighton in just 15 minutes. In summary, this property stands out not only for its generous accommodation but also for its significant renovation potential within an attractive neighborhood. Whether you're seeking to create your dream home or looking for an investment opportunity with valuable upside potential, this house merits consideration.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£490/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£663,569
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
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

Prince Edwards Road, Lewes
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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
£2,070
Based on a loan of £423,750 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