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Prince Edwards Road, Lewes, BN7 1BJ

South East

£2,250,000
Listed on 25/09/2025

Property Details

Bedrooms
16
Type
Detached
Area
5820 sqft

Description

North Corner is an impressive early Victorian detached property located in the heart of central Lewes. Originally built in 1870 for iron founder John Every, this substantial residence spans approximately 5,810 sq ft and stands as a testament to its historical significance. Recently granted planning permission for residential use, this property presents an invaluable opportunity for investors and buyers who wish to restore or reconfigure it into a bespoke family home. The building boasts generous dimensions, providing flexibility for a variety of layouts—from opulent reception areas to multiple bedrooms with en-suite facilities—while retaining the exquisite period features characteristic of its era. Positioned within walking distance to Lewes’s vibrant centre, filled with independent shops and cultural offerings, North Corner's compelling location and architectural presence make it a prime candidate for renovation. Whether envisioned as a grand single dwelling or reimagined into multiple high-quality residences (subject to consent), this landmark offers the potential for significant value addition in one of East Sussex’s most desirable towns.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -25.8% below area average per sq ft

-25.8%
Potential saving
This Property
£387/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£346
Avg Yield
3.0%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£3,334,162
10% above area average per sq ft
Potential ROI
+25.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BN7)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -5.6%
5 year growth: -0.8%
Investment Disclaimer: Analysis based on BN7 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

Prince Edwards Road, Lewes, BN7 1BJ
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£8,027
Based on a loan of £1,687,500 over 30 years at 3.97% 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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