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Mill Lane, Shoreham-By-Sea BN43

South East

£1,100,000

Listed on 20/05/2026

Property Details

Bedrooms
3
Type
Detached
Area
1996 sqft

Description

Nestled in a desirable location within walking distance of Shoreham-by-Sea town centre, this charming three-bedroom, two-bathroom detached period property presents significant renovation potential. Situated on a peaceful tree-lined street, the home offers a sense of tranquility while being conveniently close to local amenities. The entrance leads into a welcoming hallway that connects to a spacious living room, bathed in natural light thanks to two large patio doors that open onto the rear garden. The existing kitchen is well-equipped with an array of wall and base units and includes an area for a breakfast table, seamlessly transitioning into a delightful conservatory. Completing the ground floor is a separate dining room with a curved bay window and the essential convenience of a downstairs w/c. On the upper floor, three generous double bedrooms await, two featuring built-in wardrobes. The principal bedroom boasts an elegant curved bay window and an ensuite bathroom, while another family bathroom caters to the remaining bedrooms. A substantial loft space enhances the property's potential for conversion (subject to appropriate permissions), offering exciting opportunities for expansion. The expansive garden at the rear serves as an ideal backdrop for outdoor relaxation and entertaining, equipped with a traditional patio leading to a spacious lawn adorned with mature plants and trees. A charming tree complete with wraparound bench creates an inviting focal point. At the front, the combination of mature gardens, shingle driveway, and garage creates an appealing first impression. This property provides numerous avenues for enhancement or modernization throughout its interior spaces and outdoor areas, making it an excellent candidate for investors or those seeking to create their dream home in Shoreham-by-Sea.

Investment Analysis

(BN43 area)

Above Market Value

This property is priced +23.3% above area average per sq ft

+23.3%
This Property
£551/sq ft
Area Average
£447/sq ft
Avg Rent (weekly)
£313
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£981,104
10% above area average per sq ft
Potential ROI
-16.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (BN43)

Area prices are stable by -0.5% over the last 12 months
3 year growth: -1.7%
5 year growth: +4.4%
Investment Disclaimer: Analysis based on BN43 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

Mill Lane, Shoreham-By-Sea BN43
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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
£3,924
Based on a loan of £825,000 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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