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Millers Way, Burgess Hill, RH15

South East

£525,000
Listed on 29/10/2025

Property Details

Bedrooms
3
Type
Detached house
Area
837 sqft

Description

This charming detached bungalow, built in the mid-1960s, presents a unique opportunity for renovation and investment. Having not been on the market for nearly four decades, it offers a blank canvas for those looking to modernize or expand their living space. While some updating is needed, the potential to create a personalized home is significant. Centrally located within a short 10-minute walk to both Burgess Hill and Wivelsfield mainline stations, as well as St Johns Park, this property benefits from easy access to local amenities and transport links, making it an appealing choice for families and commuters alike. Upon entering, you’ll find an entrance hall with convenient loft access via a pull-down ladder, providing additional storage options. The property features a bay-fronted living room complete with a fireplace and gas point, ideal for cozy evenings. There are three bedrooms, one of which offers flexibility by serving as a potential dining room or study. The kitchen includes integrated cooking appliances and provides direct access to the garden. Outside, the property boasts a generously sized rear garden that measures approximately 32 feet wide by 27 feet deep. This north-facing outdoor space is not overlooked and features a full-width patio leading to an expansive lawn dotted with shrubs—perfect for gardening enthusiasts or outdoor entertaining. The long block-paved driveway leads to a garage equipped with power and light, enhancing the property's utility. Additional features include gas central heating via a Potterton boiler located in the kitchen and uPVC double-glazed windows throughout. Overall, this bungalow offers tremendous potential for those seeking to invest in a property within a desirable location while adding their personal touch through renovation efforts.

Investment Analysis

(RH15 area)

Above Market Value

This property is priced +48.2% above area average per sq ft

+48.2%
This Property
£627/sq ft
Area Average
£423/sq ft
Avg Rent (weekly)
£309
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£389,732
10% above area average per sq ft
Potential ROI
-31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
39
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (RH15)

Area prices are rising by +3.3% over the last 12 months
3 year growth: 2.7%
5 year growth: 20.4%
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

Millers Way, Burgess Hill, RH15
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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
£1,923
Based on a loan of £393,750 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