Worst House on the Street Logo
Market Street, Hailsham - Image 1
Market Street, Hailsham - Image 2
Market Street, Hailsham - Image 3
Market Street, Hailsham - Image 4
Market Street, Hailsham - Image 5
Market Street, Hailsham - Image 6
Market Street, Hailsham - Image 7
Market Street, Hailsham - Image 8

Market Street, Hailsham

South East

£375,000
Listed on 07/03/2026

Property Details

Bedrooms
N/A
Type
Detached house
Area
2624 sqft

Description

Located in the vibrant market town of Hailsham, this former bank building presents an exceptional investment opportunity. With approved plans for conversion into four residential apartments, this property is positioned perfectly on the bustling High Street, making it a prime candidate for developers. The renovation entails creating one and two-bedroom flats, complete with dedicated parking and outdoor garden space for the ground floor units. This historic building, likely dating back to the 19th century, offers substantial square footage — approximately 2,624 SQ FT — and is currently available with vacant possession. The proposed layout features a mix of well-sized apartments, including an impressive penthouse with potential for a roof terrace. The straightforward nature of the conversion allows for minimal structural changes while providing essential amenities. Situated near local shopping, leisure facilities, and transportation links to larger towns such as Eastbourne and Brighton, this property not only holds significant renovation potential but also benefits from its strategic location. Chain-free and ready for immediate development, it represents a rare opportunity in a sought-after area.

Investment Analysis

(BN27 area)

Below Market Value

This property is priced -58.6% below area average per sq ft

-58.6%
Potential saving
This Property
£143/sq ft
Area Average
£346/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£997,540
10% above area average per sq ft
Potential ROI
+59.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (BN27)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -6.9%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on BN27 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

Market Street, Hailsham
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,352
Based on a loan of £281,250 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.

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates