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Second Avenue, Newhaven

South East

£270,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
Detached Bungalow
Area
878 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for those looking to invest in a property ripe for renovation. The interior currently features a spacious kitchen/diner and a comfortable living room, along with a rear porch that leads to a sizable garden, perfect for cultivating outdoor interests or simply enjoying the space. Positioned with views overlooking Newhaven Harbour and Seaford, this home offers both tranquillity and potential. With off-road parking available and no onward chain, this property simplifies the purchasing process for prospective buyers. Early viewings are encouraged to fully appreciate how this space can be transformed into a personalized living environment.

Investment Analysis

(BN9 area)

Below Market Value

This property is priced -4.3% below area average per sq ft

-4.3%
Potential saving
This Property
£308/sq ft
Area Average
£321/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£310,360
10% above area average per sq ft
Potential ROI
+1.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN9)

Area prices are rising by +4.7% over the last 12 months
3 year growth: +1.6%
5 year growth: +14.3%
Investment Disclaimer: Analysis based on BN9 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

Second Avenue, Newhaven
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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
£1,020
Based on a loan of £202,500 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

Next Steps

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