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Somerset Road East Preston West Sussex - Image 1
Somerset Road East Preston West Sussex - Image 2
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Somerset Road East Preston West Sussex

South East

£259,950
Listed on 30/11/2025

Property Details

Bedrooms
3
Type
Terraced house

Description

This three-bedroom family home presents a solid opportunity for renovation in a sought-after area, conveniently located close to local amenities and schools. The spacious layout includes a living room, a fitted kitchen with potential for modern upgrades, a bathroom, and ample storage throughout. The property features a generous rear garden ideal for landscaping or expansion, with side access available. Although some updating is needed, the absence of an onward chain adds to its appeal as an investment. This home showcases significant potential to enhance value through targeted renovations.

Investment Analysis

(BN16 area)
Area Average
£397/sq ft
Avg Rent (weekly)
£319
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (BN16)

Area prices are stable by +1.1% over the last 12 months
3 year growth: -1.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on BN16 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

Somerset Road East Preston West Sussex
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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
£952
Based on a loan of £194,962 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