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St. Peters Place, Lewes, BN7

South East

£650,000

Listed on 27/05/2026

Property Details

Bedrooms
2
Type
House
Area
872 sqft

Description

This centrally-located two-bedroom property presents a unique opportunity for those seeking potential in the competitive South East market. While the home has been thoughtfully refurbished with contemporary finishes and high ceilings, there are still areas that offer scope for improvement or expansion. The inviting open-plan sitting and dining room, featuring an ornate fireplace and large sash windows, captures abundant natural light and retains charming original details. The modern kitchen boasts a vaulted ceiling and sky lantern, creating a bright cooking space that could benefit from additional customizations to enhance functionality. Upstairs, both double bedrooms come equipped with fitted wardrobes, emphasizing storage efficiency. The loft area is fully boarded and presents an exciting prospect for conversion into additional living space—subject to necessary permissions—allowing for increased value in this desirable locale. Outside, a landscaped courtyard garden with past off-street parking capability adds further investment potential. With its proximity to local amenities, parks, and excellent schools, this property is not only appealing as a home but also as a strategic investment in a sought-after neighborhood.

Investment Analysis

(BN7 area)

Above Market Value

This property is priced +43.4% above area average per sq ft

+43.4%
This Property
£745/sq ft
Area Average
£520/sq ft
Avg Rent (weekly)
£333
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Target Value
£498,448
10% above area average per sq ft
Potential ROI
-27.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BN7)

Area prices are falling by -7.7% over the last 12 months
3 year growth: -6.9%
5 year growth: -0.7%
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

St. Peters Place, Lewes, BN7
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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
£2,456
Based on a loan of £487,500 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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