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The Fosse, Lancaster Street, Lewes

South East

£675,000
Listed on 29/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1399 sqft

Description

This Edwardian townhouse in central Lewes presents a remarkable opportunity for renovation, having been held within the same family for 70 years. With generously sized rooms and abundant original features, the property is primed for modernization. The expansive second floor features a large room with potential for an en suite bathroom, while a valuable loft space offers possibilities for further development (subject to necessary approvals). On the first floor, the main bedroom boasts a charming fireplace and views of the garden, alongside ample space that could be transformed into a modern bathroom or study area. A sizeable landing area also holds potential as a fourth bedroom by reconfiguring the existing large bathroom. The ground floor includes an inviting entrance hall leading to both a bay-windowed sitting room and a spacious rear living room, both showcasing traditional brick fireplaces. The kitchen is adequately sized but would benefit from opening up and updating to create a more contemporary layout. Additional features include a two-room cellar and outside WC, along with front and rear gardens that require landscaping. Located just north of Lewes High Street, this property is conveniently positioned near local amenities including shops, cafés, and excellent transport links to both London and Brighton.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -7.4% below area average per sq ft

-7.4%
Potential saving
This Property
£482/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£324
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£802,229
10% above area average per sq ft
Potential ROI
+6.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (BN7)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +1.2%
5 year growth: +10.5%
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

The Fosse, Lancaster Street, Lewes
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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
£2,434
Based on a loan of £506,250 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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