Sutton Park Road, Seaford
South East
£395,000
Listed on 09/07/2026
Listed on 09/07/2026
The listing
Property details
Bedrooms
N/AType
PlotArea
1270 sqftDescription
A vacant former bank building on Seaford's established commercial frontage, offered with planning permission for a mixed-use redevelopment. The approved scheme retains two commercial units at ground-floor level and converts the upper floors and rear section into three residential apartments.
The proposals include a modest rear extension, two rear-facing dormers and an intermediate floor within the former double-height banking hall. The building is described as a 20th-century commercial property with brick elevations, stone detailing and high ceilings. Planning permission was granted on 24 June 2026 under reference LW/26/0077. Buyers should check the consent, approved drawings, conditions and obligations, as layouts and specifications shown in the marketing material are indicative. The opportunity is in a central Seaford location with access to local amenities, transport links and the seafront.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
48out of 100
Grade ELow opportunity
Confidence: LOW
At £395,000, this prominent former bank is priced at £311/sq ft, 18% below the local average—a clear acquisition advantage. The listing states that planning permission has been granted for three apartments above two retained commercial units, with a modest rear extension. That gives the project a defined mixed-use direction and a distinctive town-centre setting in Seaford, though the consent, conditions and deliverability should be checked. The images are illustrative and don’t show the building’s current condition, so the scope of work remains uncertain.
Key opportunities
- Acquire at £311/sq ft, below the local average.
- Develop the stated consent for three apartments while retaining two ground-floor commercial units.
- Explore the approved modest rear extension as part of the conversion scheme.
Key risks
- Verify the planning consent, approved drawings, conditions and practical deliverability of the scheme.
- Current building condition is not documented in the images, leaving the conversion scope uncertain.
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Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,492
Based on a loan of £296,250 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.
Tax
Stamp duty calculator
Indicative tax based on the asking price and the options you select.
This calculation uses non-residential (land/commercial) tax rates.
Pricing
Price history
-7.1% since listed
£395,000£30,000(-7.1%)
02/09/2026£425,000Initial listing
08/07/2026Services
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