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Freeks Lane, Burgess Hill

South East

£350,000
Listed on 31/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
934 sqft

Description

This two-bedroom detached bungalow, situated in a convenient location near Wivelsfield Train Station and local amenities, presents a valuable opportunity for renovation and investment. The property features an adaptable layout with two double bedrooms, a spacious living room enhanced by a bay window, and an additional reception room that could easily be transformed into a self-contained annexe (subject to planning permission). With two bathrooms, a fitted kitchen, and a conservatory leading to the rear garden, this home offers potential for modernisation and reconfiguration. The outdoor space includes a well-maintained lawn, multiple patio areas, and a summer house equipped with electricity – ideal for varied uses. The existing off-street parking adds further convenience. This property is well-positioned for those looking to create their ideal living environment or invest in an area with promising growth potential.

Investment Analysis

(RH15 area)

Below Market Value

This property is priced -11.3% below area average per sq ft

-11.3%
Potential saving
This Property
£375/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£358
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£434,077
10% above area average per sq ft
Potential ROI
+9.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (RH15)

Area prices are rising by +2.9% over the last 12 months
3 year growth: +1.6%
5 year growth: +15.5%
Investment Disclaimer: Analysis based on RH15 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

Freeks Lane, Burgess Hill
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,262
Based on a loan of £262,500 over 30 years at 4.06% 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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