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Land Adj Old Loom Mill, Ersham Road, Hailsham BN27 - Image 1
Land Adj Old Loom Mill, Ersham Road, Hailsham BN27 - Image 2
Land Adj Old Loom Mill, Ersham Road, Hailsham BN27 - Image 3

Land Adj Old Loom Mill, Ersham Road, Hailsham BN27

South East

£500,000
Listed on 31/03/2026

Property Details

Bedrooms
N/A
Type
Land

Description

This substantial 8.5-acre parcel of land presents a compelling opportunity for development, strategically located adjacent to existing settlements. The site is offered for outright purchase or potential planning proposals, making it an attractive investment prospect in a comparatively sustainable area with effective public transport links to Hailsham. Recent permissions granted on neighboring land (Ref: Wd/2020/1494/mrm) have demonstrated that the local planning authority considers the area conducive to residential growth, despite previous conflicts with spatial planning policies. The current shortfall in housing supply — approximately three years — adds further weight to the merits of pursuing development here, particularly given that prior decisions favored additional residential units over minimal landscape harm. With ongoing challenges faced by Wealden District Council in securing sufficient housing land supply and their Local Plan recently deemed unsound, this site stands as a valuable opportunity for those looking to engage in beneficial development projects. The land is easily accessible, allowing for immediate viewing and evaluation of its potential.

Investment Analysis

(BN27 area)
Area Average
£346/sq ft
Avg Rent (weekly)
£334
Avg Yield
4.5%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
29%
Properties sold annually

Local Market Trend (BN27)

Area prices are falling by -5.3% over the last 12 months
3 year growth: -6.9%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on BN27 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

Land Adj Old Loom Mill, Ersham Road, Hailsham BN27
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,803
Based on a loan of £375,000 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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