Northwood Avenue, Saltdean

South East

£300,000

Listed on 18/07/2026

Property details

Bedrooms

Type

Detached Bungalow

Area

505 sqft

Description

This unique offering presents a plot of land approximately 15m x 31m (0.10 Acres) that currently houses a dilapidated three-bedroom bungalow from the pre-war era. The property is ripe for redevelopment, having previously received planning consent for the demolition of the existing structure and the construction of a new chalet bungalow. Positioned on Northwood Avenue, an unadopted residential road in Saltdean with only about 33 properties, this site offers significant renovation potential for investors or developers looking to create modern living spaces. With vacant possession available, there are no onward purchase complications to navigate.

Investment analysis

(BN2 area)

Above Market Value

This property is priced +25.9% above area average per sq ft

+25.9%

This Property

£594/sq ft

Area Average

£472/sq ft

Avg Rent (weekly)

£484

Avg Yield

5.7%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£80,000 - £120,000

Target Value

£262,085

10% above area average per sq ft

Potential ROI

-37.6%

After renovation

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (BN2)

Area prices are rising by +5.2% over the last 12 months

3 year growth: -1.6%

5 year growth: +3.8%

Investment Disclaimer: Analysis based on BN2 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

Northwood Avenue, Saltdean

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Mortgage calculator

Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments

£1,133

Based on a loan of £225,000 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

Buyer type *

I am a UK resident

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Similar properties

Northwood Avenue, Saltdean

Property details

Description

Investment analysis

Above Market Value

Renovation Potential

Local Market Trend (BN2)

Location

Mortgage calculator

Stamp duty calculator

Next Steps

Get help with this property

Mortgage Advice That Works Around You

Next Steps

Get help with this property

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