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Lancaster Drive, East Grinstead

South East

£500,000

Listed on 20/07/2026

Property details

Bedrooms
4
Type
Detached

Description

Nestled in a peaceful and highly desirable residential area of East Grinstead, this spacious four-bedroom detached family home is located on a corner plot that offers substantial renovation potential. While the property is currently in need of modernization, it presents an exciting opportunity for buyers to design and customize their dream home. With three floors of adaptable living space, the house includes generous reception areas, a kitchen, four well-sized bedrooms, and bathroom facilities that could be reconfigured to meet contemporary lifestyle needs. The extensive outdoor area features a large driveway providing ample parking options and a separate garage. This property not only allows for significant enhancements but also boasts an advantageous location with easy access to local schools, amenities, and transport links. Offered with no onward chain, this home is ideal for families or developers looking to invest in a promising project.

Investment analysis

(RH19 area)
Area Average
£429/sq ft
Avg Rent (weekly)
£312
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (RH19)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -2.3%
5 year growth: +5.2%
Investment Disclaimer: Analysis based on RH19 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

Lancaster Drive, East Grinstead
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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
£1,889
Based on a loan of £375,000 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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