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Streat Lane, Streat

South East

£1,100,000

Listed on 14/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1464 sqft

Description

This detached bungalow presents a unique opportunity for those looking to invest in a property with significant renovation potential. Set amidst approximately three acres of beautifully landscaped grounds and woodland, this home, known as 'Shangri-La', is ideally located in the semi-rural area of Streat, conveniently accessible to the nearby villages of Plumpton Green and historic Ditchling. The property offers generous living space all on one level, featuring two spacious reception areas that provide ample natural light and views of the lush garden surroundings. With three double bedrooms and essential facilities including a kitchen and utility room, it provides a solid foundation for modernization. The expansive outdoor area, characterized by formal lawns, a serene pond, an orchard, and mature trees adds extensive value to the property while offering a private retreat. Though currently needing updates throughout, this residence holds inviting possibilities for expansion or reconfiguration (subject to necessary consents), making it an exceptional investment opportunity in an enviable location.

Investment Analysis

(BN6 area)

Above Market Value

This property is priced +54.3% above area average per sq ft

+54.3%
This Property
£751/sq ft
Area Average
£487/sq ft
Avg Rent (weekly)
£466
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£783,943
10% above area average per sq ft
Potential ROI
-34.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BN6)

Area prices are rising by +3.0% over the last 12 months
3 year growth: +2.4%
5 year growth: +9.8%
Investment Disclaimer: Analysis based on BN6 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

Streat Lane, Streat
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,156
Based on a loan of £825,000 over 30 years at 4.45% 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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