Meeching Road, Newhaven

South East

£325,000

Listed on 08/03/2026

Property Details

Bedrooms

N/A

Type

Detached house

Description

This property presents an intriguing redevelopment prospect in the heart of Newhaven Town Centre. Currently, it comprises a two-bedroom flat on the ground floor, a commercial unit, and a dance studio above. The site comes with full planning permission to convert it into six one-bedroom apartments alongside two commercial spaces, making this an appealing opportunity for investors looking to capitalize on the growing rental market. Interested parties can access detailed planning information via the Lewes and Eastbourne Councils' planning portal under reference LW/23/0769.

Investment Analysis

(BN9 area)

Area Average

£323/sq ft

Avg Rent (weekly)

£257

Avg Yield

4.1%

Renovation Potential

Medium Refurb

Est. Renovation Cost

£200,000 - £300,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

14%

Properties sold annually

Local Market Trend (BN9)

Area prices are rising by +2.1% over the last 12 months

3 year growth: -0.6%

5 year growth: +15.2%

Investment Disclaimer: Analysis based on BN9 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

Meeching Road, Newhaven

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Mortgage Calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

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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Similar Properties

Meeching Road, Newhaven

Property Details

Description

Investment Analysis

Renovation Potential

Local Market Trend (BN9)

Location

Mortgage Calculator

Next Steps

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