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Wannock Lane, Eastbourne, BN20 - Image 1
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Wannock Lane, Eastbourne, BN20

South East

£395,000
Listed on 28/04/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1206 sqft

Description

Introducing a spacious three-bedroom detached bungalow offering remarkable potential for renovation, situated in the desirable area of Willingdon. This property, known as 'Dragonfly Cottage', features a welcoming entrance hall that opens up to four reception rooms, each providing ample possibilities for a family-friendly layout or dedicated workspaces. The kitchen is a good size and flows into a separate utility room, perfect for organisation. On the first floor, the master suite boasts an en-suite shower room, while two additional bedrooms on the ground floor share a family bathroom, making this ideal for families or those preferring single-level living. The home requires significant modernisation, allowing new owners to tailor it to their preferences. A highlight of the property is its stunning views over the South Downs, which enhance its tranquil setting. There is also generous off-road parking along with a car port and no onward chain to facilitate an easy transition. With considerable scope for reconfiguration or expansion (subject to permissions), this bungalow represents an exciting opportunity to create your dream residence in one of Willingdon's most sought-after locations. The well-sized gardens further promise enhancement potential, making this a worthwhile investment.

Investment Analysis

(BN20 area)

Below Market Value

This property is priced -11.4% below area average per sq ft

-11.4%
Potential saving
This Property
£328/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£490,577
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
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN20)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -6.4%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on BN20 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

Wannock Lane, Eastbourne, BN20
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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
£1,399
Based on a loan of £296,250 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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