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Sutton Park Road, Seaford

South East

£425,000Guide Price

Listed on 21/07/2026

Property details

Bedrooms
N/A
Type
Residential Development
Area
484 sqft

Description

A unique investment opportunity awaits with this former bank building situated in a prime location in Seaford. The property comes with planning permission for conversion and extension, allowing for the transformation into three upscale residential apartments while maintaining commercial units on the ground floor. This vacant building is positioned prominently on the town's busy commercial thoroughfare, providing an excellent chance for developers and investors to capitalize on a mixed-use development in a desirable coastal area. The planning consent, granted recently, seeks to breathe new life into this underutilized space by implementing a thoughtful conversion that respects the original architecture while enhancing its utility. The plans propose a modest rear extension, two dormer windows, and the introduction of an intermediate floor within the striking double-height banking hall, all aimed at maximizing space without compromising the building's character. Additionally, sustainability is at the forefront of this project, aiming to create energy-efficient living environments that contribute positively to local initiatives. This represents a remarkable opportunity for those looking to engage in a well-planned development that aligns residential needs with commercial viability in a thriving community.

Investment analysis

(BN25 area)

Above Market Value

This property is priced +131.6% above area average per sq ft

+131.6%
This Property
£878/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£201,886
10% above area average per sq ft
Potential ROI
-74.0%
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

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