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Sutton Park Road, Seaford

South East

£425,000

Listed on 08/07/2026

Property details

Bedrooms
N/A
Type
Plot
Area
1270 sqft

Description

Presenting an intriguing development prospect, this former bank building offers a unique opportunity for conversion and extension, with planning permission granted on June 24, 2026. Located prominently in the heart of Seaford, this property is well-positioned for transformation into three residential apartments complemented by two commercial units at ground level. The location benefits from high visibility along the established commercial frontage, making it appealing for developers looking to invest in a mixed-use scheme within a desirable coastal town. The existing structure showcases distinctive architectural features typical of 20th-century banking halls, including striking brick façades and generous ceiling heights. The approved redevelopment plan includes a modest rear extension and the addition of two dormer windows, with an intermediate floor proposed within the expansive banking hall to optimize space utilization. This project not only aims to enhance the building's aesthetic appeal but also incorporates sustainable design elements aimed at increasing energy efficiency. This venture represents a rare chance to breathe new life into a redundant space while contributing positively to the local landscape and economy. Interested parties are encouraged to review the planning documents for detailed specifications and layout proposals.

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Investment analysis

(BN25 area)

Below Market Value

This property is priced -11.7% below area average per sq ft

-11.7%
Potential saving
This Property
£335/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£529,742
10% above area average per sq ft
Potential ROI
-35.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BN25)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -10.3%
5 year growth: +2.2%
Investment Disclaimer: Analysis based on BN25 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

Sutton Park Road, Seaford
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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
£1,606
Based on a loan of £318,750 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

This calculation uses non-residential (land/commercial) tax rates.

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