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Norway Street, Portslade, BN41

South East

£500,000
Listed on 13/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
915 sqft

Description

This two-bedroom terraced house presents a blend of traditional character and contemporary amenities, making it an appealing project for investors or homeowners looking to infuse their personal touch. Conveniently located near the seafront and Portslade train station, as well as a variety of shops and dining options on Church Road, the property features a spacious through lounge diner that boasts classic wooden flooring and a charming fireplace. French doors lead to the outdoor space, enhancing the living experience. The galley kitchen is functional but could benefit from modernisation to maximise its potential. Upstairs are two generous double bedrooms with neutral decor, offering flexibility in layout and design. The bathroom, equipped with both a bath and walk-in shower, provides essential comforts but may warrant updates for increased appeal. The west-facing garden is a highlight, currently designed with wildlife in mind, but certainly offers scope for personal landscaping or enhancement. This property represents an excellent opportunity for those interested in creating value through renovation while enjoying the advantages of coastal living in a desirable area.

Investment Analysis

(BN41 area)

Above Market Value

This property is priced +26.2% above area average per sq ft

+26.2%
This Property
£546/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£435,714
10% above area average per sq ft
Potential ROI
-18.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
25%
Properties sold annually

Local Market Trend (BN41)

Area prices are rising by +8.9% over the last 12 months
3 year growth: -2.0%
5 year growth: +15.0%
Investment Disclaimer: Analysis based on BN41 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

Norway Street, Portslade, BN41
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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
£1,771
Based on a loan of £375,000 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.

Stamp Duty Calculator

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