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Cornmill Gardens, Polegate

South East

£325,000
Listed on 28/01/2026

Property Details

Bedrooms
2
Type
Semi-detached house
Area
891 sqft

Description

Positioned on the outskirts of Wannock, this two-bedroom semi-detached bungalow presents a prime opportunity for renovation and investment. While the property requires modernisation, its inherent charm is evident in the spacious layout featuring a bright double aspect lounge/diner and a kitchen that connects to a useful lean-to. The accommodation includes two generously sized bedrooms, with one benefiting from built-in wardrobes, alongside a shower room and separate WC. With gas central heating and double glazing in place, the essentials for comfort are there. A notable highlight is the 45-foot southerly garden, offering a tranquil escape with good seclusion – perfect for outdoor enthusiasts or gardeners. Additionally, the garage/store provides valuable storage space. This property’s location is particularly appealing, being within walking distance of The South Downs National Park and just one mile from Polegate High Street’s amenities, including shops, medical centres, and transport links. Offered with no ongoing chain, this bungalow holds significant potential for buyers looking to create their ideal home in an attractive setting.

Investment Analysis

(BN26 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£365/sq ft
Area Average
£394/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£386,453
10% above area average per sq ft
Potential ROI
+5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
47%
Properties sold annually

Local Market Trend (BN26)

Area prices are rising by +2.3% over the last 12 months
3 year growth: -4.1%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on BN26 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

Cornmill Gardens, Polegate
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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
£1,172
Based on a loan of £243,750 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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