Gibbon Road, Newhaven
South East
£110,000
Listed on 19/10/2026
Listed on 19/10/2026
The listing
Property details
Bedrooms
2Type
TerracedArea
815 sqftFeatures
- Garden
Description
Phillip Mann Estate Agents in Newhaven are offering this two-bedroom Victorian terraced house close to Newhaven Harbour, with no onward chain. The ground floor has a front lounge, a separate dining room, a rear kitchen and a bathroom. Upstairs are two double bedrooms, with a further room accessed from the second bedroom that could serve as a study, nursery or dressing room. A loft is also accessible from the landing.
The property has a rear garden described as needing attention and landscaping. It is presented as a substantial updating project, with scope for a purchaser to refurbish the existing accommodation. The sale is not subject to an onward chain.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
71out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £110,000, this Victorian terrace is priced well below the local average per square foot, making it a compelling entry point for a buyer prepared to take on a substantial project. Its two living spaces, two double bedrooms and additional room off the rear bedroom offer useful scope to rethink and improve the layout, while the rear garden adds room to create an attractive outdoor space. The asking price plus the stated £55,000–£95,000 renovation range gives a broad purchase-and-works scale of £165,000–£205,000, before fees and other costs; this is not a valuation of the finished property.
The photographs show deterioration across several rooms, including mould-like ceiling staining, alongside a tired kitchen and bathroom. The rear garden is overgrown, and the outbuilding has cracked render that warrants inspection. The harbour-side location and no onward chain add appeal, but this is a full-scale renovation rather than a cosmetic refresh.
Key opportunities
- Rework the two living spaces and the additional room off the rear bedroom to make better use of the house’s layout.
- Replace the dated kitchen and improve the bathroom, creating a clear opportunity to refresh two particularly tired areas.
- Clear and landscape the rear garden to make use of its size and improve the setting of the house.
Key risks
- Marked and deteriorated finishes across several rooms, mould-like staining, worn or incomplete floors and neglected external areas, together with a £55,000–£95,000 works range, make this a substantial budget and programme rather than a cosmetic refresh.
- Mould-like staining and deterioration are visible in several areas; the cause and any required remedial work need investigation.
- The rear outbuilding has cracked render and appears in poor condition; its significance and repair needs should be checked.
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Finance
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Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£416
Based on a loan of £82,500 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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