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Merlin Way, East Grinstead, RH19

South East

£550,000
Listed on 08/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1266 sqft

Description

This four-bedroom detached home, built in the late 1960s, presents a valuable opportunity for renovation in a sought-after residential area. With 1,266 square feet of living space, the property is ripe for modernization and offers the potential for extension, subject to obtaining appropriate planning permissions. The absence of an onward chain simplifies the purchase process. The accommodation layout includes a welcoming entrance hall with storage under the stairs, a convenient downstairs cloakroom with WC and wash basin, and a spacious living room featuring front-facing views. Adjacent is a dining room with patio doors that open directly onto the rear garden. The kitchen, fitted with both wall and base units, has space allocated for appliances and provides direct access to the outdoor area. On the first floor, you'll find a landing equipped with an airing cupboard and loft access leading to a partially boarded loft. The master bedroom comes with built-in wardrobes, complemented by a generously sized guest bedroom offering front views. Additionally, there are two single bedrooms—one currently serving as a study—alongside a family bathroom that includes a bath with overhead shower and separate WC. The exterior features include driveway parking for two vehicles leading to the single garage fitted with power and lighting. A gated side pathway provides access to the predominantly lawned rear garden, which boasts seclusion thanks to established trees, hedges, and shrubs. This home's renovation potential allows for customizing your dream family space while enhancing its value in this desirable location.

Investment Analysis

(RH19 area)

Above Market Value

This property is priced +2.0% above area average per sq ft

+2.0%
This Property
£434/sq ft
Area Average
£426/sq ft
Avg Rent (weekly)
£333
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£593,387
10% above area average per sq ft
Potential ROI
-1.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RH19)

Area prices are stable by +1.7% over the last 12 months
3 year growth: +2.7%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on RH19 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

Merlin Way, East Grinstead, RH19
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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
£1,948
Based on a loan of £412,500 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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