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Stane Street, Codmore Hill

South East

£800,000

Listed on 12/07/2026

Property details

Bedrooms
5
Type
Detached
Area
2340 sqft

Description

This substantial country residence presents a unique investment opportunity in a desirable West Sussex village. Set on an expansive 1.28-acre plot, the property offers both privacy and ample space for future development potential. Nestled along a tranquil private driveway, it combines period character with the versatility required for modern family living. The home spans three floors and features a welcoming entrance hall leading to a spacious kitchen/breakfast room with an adjacent larder, perfect for family gatherings. The elegant dining room is suited for formal occasions, while the living room boasts views of the gardens and connects seamlessly to a conservatory, ensuring abundant natural light throughout. The property includes a useful cellar providing additional storage options or potential conversion space. The first floor accommodates three generous double bedrooms, complemented by a family bathroom and a separate cloakroom. On the second floor, two more double bedrooms with eaves storage share a large shower room, ideal for guests or home office use. Outside, an electric gated entrance leads to extensive parking facilities amidst beautifully maintained grounds filled with mature trees and flourishing plants. A notable feature is the sizable detached outbuilding that currently serves as an office and garage but could be transformed into self-contained accommodation or additional workspace with appropriate planning consents. Planning permission has been sought for redevelopment of the outbuildings and minor extensions, representing further enhancement possibilities. This prime location balances tranquility with convenient access to local amenities and transport links, making it perfect for families or investors looking to capitalise on its growth potential.

Investment analysis

(RH20 area)

Below Market Value

This property is priced -17.2% below area average per sq ft

-17.2%
Potential saving
This Property
£342/sq ft
Area Average
£413/sq ft
Avg Rent (weekly)
£321
Avg Yield
2.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £120,000
Target Value
£1,062,547
10% above area average per sq ft
Potential ROI
+15.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (RH20)

Area prices are falling by -6.8% over the last 12 months
3 year growth: -3.6%
5 year growth: -4.0%
Investment Disclaimer: Analysis based on RH20 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

Stane Street, Codmore Hill
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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
£3,022
Based on a loan of £600,000 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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