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South East
£85,000Guide Price
Listed on 07/10/2026
Listed on 07/10/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
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.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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