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Garden Plot, High Street, Lewes BN7 - Image 1
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Garden Plot, High Street, Lewes BN7

South East

£400,000
Listed on 16/12/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1313 sqft

Description

Situated in a peaceful enclave of Lewes Town Centre, this plot offers a distinctive opportunity for investors and builders to construct a spacious 3-bedroom detached home of approximately 1,313 sq.ft. (122 sq.m). The approved architectural plans envision a contemporary living space featuring an open-plan kitchen dining area, a sitting room, and a study, alongside essential ground floor amenities including a cloakroom. Upstairs, the design includes three well-proportioned bedrooms with the principal suite benefitting from an en-suite shower room and a family bathroom. Anticipated design elements such as vaulted ceilings and expansive floor-to-ceiling windows are set to enhance the interior experience while maximizing views of the southerly-facing garden. Additional benefits comprise off-street parking, an allocated bicycle store, and thoughtfully designed landscaped gardens including a sunken courtyard adjacent to the kitchen. It is important to note that works are considered as commenced under planning reference sdnp/22/03497/ful. Prospective buyers will need to arrange connections for mains electricity, gas, fresh water, and waste services. Conveniently located just off the bustling High Street with its eclectic mix of shops and eateries, this site provides both serene living and proximity to local cultural landmarks such as Lewes Castle and Grange Gardens. The location also grants easy access to transport links including direct trains to London Victoria and Brighton.

Investment Analysis

(BN7 area)

Below Market Value

This property is priced -41.6% below area average per sq ft

-41.6%
Potential saving
This Property
£305/sq ft
Area Average
£521/sq ft
Avg Rent (weekly)
£324
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£752,914
10% above area average per sq ft
Potential ROI
+50.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (BN7)

Area prices are stable by +1.6% over the last 12 months
3 year growth: +1.2%
5 year growth: +10.5%
Investment Disclaimer: Analysis based on BN7 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

Garden Plot, High Street, Lewes BN7
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Mortgage Calculator

£
£
£
%
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,443
Based on a loan of £300,000 over 30 years at 4.06% 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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