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The Old Racecourse, Lewes

South East

£750,000

Listed on 14/07/2026

Property details

Bedrooms
N/A
Type
Not Specified

Description

This property presents a unique investment opportunity within the historic grounds of the former Lewes Racecourse, set against the backdrop of the picturesque South Downs. The Totaliser Building boasts various consents, allowing for a diverse range of uses including exhibition space, a café, and even a holiday cottage. With its conversion from traditional bookies halls to stables, this space retains elements of its past and is ready for further development (subject to planning). Its commercial potential is significant, with existing revenue streams from exhibitions and café services catering to visitors exploring the scenic surroundings. The property features an expansive garden and ample parking, ideal for outdoor events or additional enhancements. Given its elevated position and proximity to numerous outdoor activities, this site offers a tranquil retreat with solid investment possibilities.

Investment analysis

(BN7 area)
Area Average
£516/sq ft
Avg Rent (weekly)
£346
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (BN7)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -3.0%
5 year growth: +2.4%
Investment Disclaimer: Analysis based on BN7 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

The Old Racecourse, Lewes
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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
£2,833
Based on a loan of £562,500 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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