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The Street, Offham, Lewes

South East

£800,000
Listed on 04/04/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
851 sqft

Description

This detached two-bedroom bungalow, crafted by Scandi Hus and completed in 2016, presents an intriguing opportunity for renovation and expansion. The property is equipped with renewable energy features and has excellent insulation, making it energy-efficient while also providing a beautiful wrap-around garden that showcases panoramic views of the surrounding countryside. Positioned on a sizeable plot, it includes approved planning permission to add a third bedroom and a new shower room, enhancing its living space. The double garage adds another dimension to the property, offering options for multi-generational living or potential income generation (subject to necessary permissions). Accessed via a secure gate alongside a long private driveway, this home guarantees ample parking space. Inside, you’ll find a spacious hallway that leads to all principal rooms. The kitchen/breakfast area boasts double aspect windows and access to the side garden, enhancing natural light throughout. Both bedrooms are comfortably appointed with built-in wardrobes. The shower room features modern tiling and convenient storage solutions. The detached garage includes two front-facing up-and-over doors, a WC, sink facilities on the ground floor, and ladder access to an upper floor with Velux windows that could be repurposed into additional living or storage space. The property's elevated position offers beautifully landscaped gardens with mature planting across multiple areas of interest. Additional highlights include triple glazing and individually controlled electric radiators throughout the home. This property holds significant potential for further development or modernization.

Investment Analysis

(BN7 area)

Above Market Value

This property is priced +81.4% above area average per sq ft

+81.4%
This Property
£940/sq ft
Area Average
£518/sq ft
Avg Rent (weekly)
£339
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£485,227
10% above area average per sq ft
Potential ROI
-43.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN7)

Area prices are falling by -7.5% over the last 12 months
3 year growth: -5.6%
5 year growth: +4.1%
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 Street, Offham, Lewes
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,833
Based on a loan of £600,000 over 30 years at 3.91% 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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