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Priory Crescent, Lewes

South East

£1,600,000
Listed on 25/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3302 sqft

Description

This distinctive 5-bedroom townhouse is located in the desirable Priory Crescent area of Lewes, offering an exciting opportunity for renovation and investment. Spread across five levels and boasting over 3,300 square feet of living space, this property presents a blank canvas for those looking to infuse their personal style and modernize its charm. Having been cherished by the same family for over 40 years, this residence retains many original period features, including high ceilings and architectural details that reflect its storied past. The layout includes multiple reception rooms that provide ample space for both relaxation and entertaining. Large windows throughout allow natural light to flood the interiors while offering stunning views of Lewes Castle from the front and picturesque sights of the Priory ruins and South Downs from the rear. The property features a generous south-facing garden, ideal for outdoor gatherings or quiet retreats. Additionally, there is parking available on the private road directly in front of the house, enhancing convenience in this central location. Situated just minutes from Lewes' mainline railway station with direct connections to Brighton and London, this home benefits from easy access to urban amenities while retaining a peaceful residential atmosphere. The vibrant town center is merely a short stroll away, providing a variety of shops, cafes, and cultural attractions. For potential investors or buyers seeking a project, this home’s need for modernization allows for customization according to individual tastes. The existing structure offers solid bones to work with and considerable space that could be reimagined to suit contemporary living needs. Viewing is highly encouraged to appreciate both the property's potential and its prime location within one of Lewes' most historic streets. This townhouse invites you to envision your future here while enjoying all that this charming town has to offer.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£485/sq ft
Area Average
£524/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,902,002
10% above area average per sq ft
Potential ROI
+10.6%
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

Priory Crescent, 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
£5,861
Based on a loan of £1,200,000 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