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Cuckmere Rise, Heathfield, East Sussex, TN21

South East

£240,000
Listed on 02/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
853 sqft

Description

This two-bedroom bungalow, nestled in a desirable cul-de-sac of similar homes, offers a rare chance for buyers interested in a renovation project in Heathfield. While the property currently requires modernisation, it holds significant potential for extension or loft conversion, provided that necessary permissions are obtained. The external space features off-road parking and a substantial rear garden that, despite being overgrown at present, can be transformed into a personal outdoor oasis. A charming small pond adds character for those with a passion for gardening. Inside, the layout includes a practical kitchen and a bathroom equipped with essential amenities including a bath and wash basin. The living room stands out with its characterful stone fireplace and wood-burning stove, complemented by sliding patio doors leading to an elevated decked terrace that enhances views over the garden. Additionally, there is convenient under-bungalow storage accessed via an external door. Located close to local amenities, transport links, and recreational parks, this property represents an excellent investment opportunity for buyers looking to create their ideal home in a sought-after location.

Investment Analysis

(TN21 area)

Below Market Value

This property is priced -24.5% below area average per sq ft

-24.5%
Potential saving
This Property
£281/sq ft
Area Average
£373/sq ft
Avg Rent (weekly)
£296
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£349,798
10% above area average per sq ft
Potential ROI
+20.6%
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
9%
Properties sold annually

Local Market Trend (TN21)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -14.5%
5 year growth: -3.4%
Investment Disclaimer: Analysis based on TN21 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

Cuckmere Rise, Heathfield, East Sussex, TN21
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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
£856
Based on a loan of £180,000 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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