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Meeching Road, Newhaven

South East

£85,000Guide Price

Listed on 07/10/2026

The listing

Property details

Bedrooms
3
Type
Apartment
Area
323 sqft

Description

This spacious three-bedroom ground and lower ground floor maisonette presents a unique opportunity for modernisation in the heart of Newhaven. The property features well-balanced accommodation spread over two floors, with a generous lounge and kitchen area that benefits from large double doors, enhancing the sense of space and allowing natural light to flood in through the bay windows. Each of the three bedrooms is adequately sized, with the third bedroom providing direct access to a private rear garden, a highly desirable feature that adds value to the property. Although in need of complete modernisation, this maisonette offers significant potential for improvement and redevelopment, making it an attractive option for investors looking for buy-to-let opportunities or those seeking a project to create a bespoke home. With its substantial living space and blank-canvas nature, this property is ideal for anyone wanting to tailor their living environment to their personal style. The property also benefits from a new 125-year lease upon completion, adding to its appeal. Offered at auction, this is an excellent chance for buyers looking to invest in a well-established and convenient location.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

44out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom maisonette offers a compelling opportunity for those looking to invest in a property that needs significant improvement. With a guide price of £85,000, the asking price is attractive compared to the local average of £321/sqf, making it a cheaper entry point in the Newhaven market. The generous living space, including a spacious lounge with large double doors and a private rear garden, provides a blank canvas for buyers to create their ideal home or a profitable rental.

However, the property requires extensive refurbishment, with signs of neglect evident throughout. The kitchen is functional but dated, and all bedrooms show substantial wear that will need addressing. The projected all-in costs of around £200,000—accounting for the purchase price and an extensive renovation budget—suggest that the investment may be stretched compared to local benchmarks for the area. This could impact the potential for a profitable return on investment, particularly given the structural concerns mentioned. Buyers should be prepared for a full-gut programme to bring this property up to modern standards.

Key opportunities

  • Generous living space with large double doors that enhance the sense of scale.
  • Private rear garden that can be transformed into a personal outdoor oasis.
  • Blank canvas layout throughout, allowing for tailored design and modernisation.

Key risks

  • Stripped interiors and a £80,000–£150,000 works budget make this a full-gut programme, not a refresh.
  • Total commitment could reach about £200,000 all-in — £115,000 of works on top of the asking price, about 48% ahead of typical local benchmarks for this size — current-condition benchmarks only, not after-works GDV.

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Map

Location

Meeching Road, Newhaven
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£321
Based on a loan of £63,750 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.

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