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Houndean Rise, Lewes, BN7

South East

£950,000
Listed on 04/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2083 sqft

Description

This detached Arts and Crafts residence offers a unique opportunity for those looking to invest in a property with significant renovation potential. The four-bedroom home is adorned with classic character features, including panelled doors and picture rails, and boasts stunning views over the South Downs and Ashcombe Windmill. With the right vision, this property could be modernised or even extended, pending necessary planning permissions. Internally, the house showcases spacious living areas such as a bright sitting room with dual-aspect views and a charming fireplace. The dining room connects to a conservatory that enhances the light-filled atmosphere of the ground floor. The kitchen breakfast room overlooks the rear garden and includes ample cabinetry and workspace, while practical features like a utility room add convenience. Upstairs, you will find four well-proportioned bedrooms along with an additional eaves space that can function as an office. There are existing family bathroom facilities that could benefit from updating to match modern standards. The property's outdoor space consists of a large, westerly-facing garden that feels secluded, perfect for entertaining or gardening enthusiasts. With two garages on site and plenty of off-street parking available, this home caters well to families or those in need of additional storage. Situated in a desirable area with easy access to local amenities and public transport links to London, this property presents itself as ideal for renovation enthusiasts seeking both character and investment potential in a sought-after location.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -13.5% below area average per sq ft

-13.5%
Potential saving
This Property
£456/sq ft
Area Average
£527/sq ft
Avg Rent (weekly)
£311
Avg Yield
2.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,207,401
10% above area average per sq ft
Potential ROI
+16.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
21%
Properties sold annually

Local Market Trend (BN7)

Area prices are stable by +1.1% over the last 12 months
3 year growth: 0.7%
5 year growth: 9.4%
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

Houndean Rise, Lewes, BN7
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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
£3,480
Based on a loan of £712,500 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