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Applesham Way, BN41

South East

£350,000
Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
969 sqft

Description

Nestled in a well-connected part of Portslade, this semi-detached red-brick home on Applesham Way offers an ideal foundation for renovation enthusiasts and families alike. With its close proximity to local schools, shops, and excellent transport links via the A27 and A270, commuting to Brighton and Hove is straightforward. The nearby South Downs National Park adds to the appeal, providing ample opportunities for outdoor activities. This two-story property features a welcoming entrance porch leading to a spacious hallway. The ground floor includes a comfortable lounge and a separate dining room that can be reimagined for modern living. The galley-style kitchen provides direct access to the rear garden, which opens up possibilities for expansion. Upstairs hosts three bedrooms along with a family bathroom. Externally, there's a shared driveway offering off-road parking alongside a single garage. This property stands out with its renovation potential; buyers can explore options for modernizing the interiors as well as extending the ground floor or converting the loft (subject to planning permissions). This home presents an exciting opportunity for those seeking to create their long-term family residence.

Investment Analysis

(BN41 area)

Below Market Value

This property is priced -16.6% below area average per sq ft

-16.6%
Potential saving
This Property
£361/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£341
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £50,000
Target Value
£461,428
10% above area average per sq ft
Potential ROI
+15.4%
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

Applesham Way, 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
£1,240
Based on a loan of £262,500 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.

Stamp Duty Calculator

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