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Park Drive Close, Newhaven, BN9

South East

£250,000

Listed on 18/06/2026

Property Details

Bedrooms
2
Type
House

Description

This two-bedroom terrace house presents a valuable opportunity for those looking to invest in a renovator's project within a well-regarded residential sector. Situated in an elevated position, the property boasts appealing countryside views and is conveniently located near a local primary school. Although it requires modernization, it offers ample space to develop into a comfortable family home or lucrative rental investment. The layout includes a generous sitting/dining room, an adequate kitchen/breakfast area, and a manageable courtyard garden, along with off-road parking. Key features include gas central heating, double glazing, and modern wood laminate flooring. With vacant possession available, this property could be transformed with creative vision. There’s potential for achieving market rents at approximately £1,200 per month, making this an attractive prospect for investors seeking strong yields.

Investment Analysis

(BN9 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
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

Park Drive Close, Newhaven, BN9
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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
£944
Based on a loan of £187,500 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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