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Rickmans Lane, Billingshurst, RH14

South East

£775,000
Listed on 27/04/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
1290 sqft

Description

Nestled within the charming village of Plaistow in West Sussex, this bungalow presents a unique opportunity for those looking to invest in a renovation project. Spanning over 1,200 square feet, the property is set on a spacious 0.24-acre plot, providing ample space and privacy with scenic views of the adjoining fields. While the home requires modernisation, it offers unlimited potential to transform into your ideal residence. The flexible interior layout allows for creative redesign possibilities including the option to extend or convert existing spaces like the loft and garage (subject to planning permissions). Inside, discover potential for one or two reception rooms along with two or three double bedrooms. A large kitchen overlooks the expansive rear garden, which features well-established landscaping and a charming two-storey wooden playhouse that could serve various purposes once refurbished. The exterior boasts beautiful gardens at both front and back, making it an appealing canvas for outdoor enthusiasts. With driveway parking for multiple vehicles and room for further extensions visible in neighbouring properties, this home is perfectly positioned for both lifestyle enhancement and investment returns. Plaistow itself offers a welcoming community atmosphere with convenient amenities including local schools, shops, and direct transport links to larger towns and London. This property stands as a rare find within this desirable area — an excellent opportunity for anyone eager to create their dream home.

Investment Analysis

(RH14 area)

Above Market Value

This property is priced +39.3% above area average per sq ft

+39.3%
This Property
£601/sq ft
Area Average
£431/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£612,157
10% above area average per sq ft
Potential ROI
-29.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (RH14)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -5.1%
5 year growth: +3.1%
Investment Disclaimer: Analysis based on RH14 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

Rickmans Lane, Billingshurst, RH14
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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
£2,745
Based on a loan of £581,250 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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