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Maresfield Drive, BN24

South East

£275,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
829 sqft

Description

This two-bedroom semi-detached bungalow offers a solid foundation for renovation in the desirable Beachlands area of Pevensey Bay. While the property requires updating, it presents a promising investment opportunity for those looking to create their ideal home or rental property. The layout includes a living room, kitchen, shower room, and a conservatory that opens to a spacious enclosed rear garden with a workshop. The front garden provides ample driveway parking alongside a garage, enhancing its appeal for buyers who value outdoor space and convenience. Situated close to local amenities and the beach, this chain-free property is easily accessible via nearby bus routes, making it an attractive proposition for both families and retirees. Viewing is encouraged to fully appreciate the potential this bungalow holds for modernisation and improvement.

Investment Analysis

(BN24 area)

Below Market Value

This property is priced -10.3% below area average per sq ft

-10.3%
Potential saving
This Property
£332/sq ft
Area Average
£370/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£337,221
10% above area average per sq ft
Potential ROI
+8.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN24)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 1.3%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on BN24 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

Maresfield Drive, BN24
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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
£1,007
Based on a loan of £206,250 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE