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Wannock Lane, Eastbourne BN20

South East

£395,000
Listed on 03/05/2026

Property Details

Bedrooms
3
Type
Detached Bungalow
Area
1206 sqft

Description

This three-bedroom detached bungalow, known as 'Dragonfly Cottage', is situated in the desirable area of Willingdon and represents an excellent opportunity for renovation enthusiasts and investors alike. The property greets you with a spacious entrance hall that flows into four expansive reception rooms, each offering a versatile space ideal for family gatherings, formal hosting, or establishing a home office. The kitchen is functional but could benefit from modernization, while a separate utility room enhances practicality. The accommodations include three bedrooms, with the master suite on the first floor featuring an en-suite shower room, allowing for a private retreat. Two additional ground floor bedrooms are well-sized and supplemented by a family bathroom. This property is in need of significant updating throughout, providing a blank canvas for prospective buyers to infuse their own style and preferences. One of its key highlights is the stunning views of the South Downs from various points within the home, contributing to a serene environment. Outside, there is ample off-road parking and gardens at both front and rear that offer substantial potential for landscaping or extension (subject to necessary consents). With local amenities such as shops and schools nearby, this property stands out in Willingdon’s real estate market as an exciting prospect for those looking to create their ideal home.

Investment Analysis

(BN20 area)

Below Market Value

This property is priced -11.2% below area average per sq ft

-11.2%
Potential saving
This Property
£328/sq ft
Area Average
£369/sq ft
Avg Rent (weekly)
£310
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£489,316
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (BN20)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -5.0%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on BN20 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

Wannock Lane, Eastbourne BN20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,409
Based on a loan of £296,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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