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Lot 2

Newhaven 2-Bed Maisonette Investment

Guide price £ 130,000

Type of Sale

for sale under auction terms and conditions

Key Features

  • • Bathroom with original fittings
  • • Kitchen requiring full decoration and installation of modern units
  • • Leasehold: 53 years remaining (extension est. £20K)
  • • New flat roof needed on lower level
  • • Spacious living/dining room
  • • Two double bedrooms with natural light
Property for sale A row of terraced houses with white and gray exteriors lines South Road under a blue sky. Ideal as a 2-bed maisonette Newhaven, the house at number 22 stands out—perfect for those seeking a Newhaven property auction investment. Presented by Palace Auctions
Property for sale A row of terraced houses with white facades sits beneath a cloudy sky. Parked in front are a yellow convertible, a white Morrison's Energy Services van, and a dark car—perfect South Road investment for those eyeing the Newhaven property auction. Presented by Palace Auctions
Property for sale A sparsely furnished room with bare wooden floors, a ladder against the wall, checked curtains, a wall-mounted TV above a black fireplace, and light walls with peeling paint—ideal for those seeking a Newhaven 2-bed maisonette investment. Presented by Palace Auctions
Property for sale An empty, unfurnished room in a Newhaven 2-bed maisonette investment, featuring bare wooden floors, cream walls, a wall-mounted TV, marble fireplace, large window with brown curtains, and a wooden ladder leaning against the wall. Presented by Palace Auctions
Property for sale A modern kitchen in a 2-bed maisonette Newhaven, featuring bright pink walls, white cabinets, grey countertops, a yellow window frame, built-in oven, gas stove, sink, and open shelves. Natural light floods through a large window. Presented by Palace Auctions
Property for sale A small kitchen in this 2-bed maisonette Newhaven features white cabinets, a gray countertop, a window above the sink with a yellow frame, and modern appliances. A doorway with yellow trim opens to a red-walled area, highlighting this South Road investment. Presented by Palace Auctions
Property for sale A narrow bathroom in a 2-bed maisonette Newhaven, with light pink tiles, a white bathtub and shower, pedestal sink, wall cabinet, small mirror, and frosted window. The room appears old with visible signs of wear—potential South Road investment. Presented by Palace Auctions
Property for sale A small, empty room with plain white walls, a yellow ceiling, and a single hanging lightbulb—part of a 2-bed maisonette Newhaven ideal for investment. A partially stripped wooden floor leads to a white door; a radiator sits on the right wall. Presented by Palace Auctions
Property for sale A small, empty room with pale blue walls, a yellow ceiling, bare wooden floorboards, a radiator along one wall, and a window with sheer white curtains—mold visible near the window—offers renovation potential for a Newhaven 2-bed maisonette investment. Presented by Palace Auctions
Property for sale A small, empty room in a 2-bed maisonette Newhaven, with stained white walls, yellow ceiling, brown floor, and mold near a window covered by a sheet. A radiator and large mirror lean against the right wall—ideal for investment or lease extension. Presented by Palace Auctions
Property for sale Small, empty room with stained walls and mold on the ceiling in a 2-bed maisonette Newhaven. Patches of peeling paint, a glass door and window to the garden, and green plants growing inside along the floor by the door. Presented by Palace Auctions
Property for sale Small, overgrown backyard with patchy grass, weeds, and mossy stone walls—ideal for a creative South Road investment. Surrounded by old white and brick houses; a bare tree and scattered items are visible. Presented by Palace Auctions
1
Property for sale A row of terraced houses with white and gray exteriors lines South Road under a blue sky. Ideal as a 2-bed maisonette Newhaven, the house at number 22 stands out—perfect for those seeking a Newhaven property auction investment. Presented by Palace Auctions
Property for sale A row of terraced houses with white facades sits beneath a cloudy sky. Parked in front are a yellow convertible, a white Morrison's Energy Services van, and a dark car—perfect South Road investment for those eyeing the Newhaven property auction. Presented by Palace Auctions
Property for sale A sparsely furnished room with bare wooden floors, a ladder against the wall, checked curtains, a wall-mounted TV above a black fireplace, and light walls with peeling paint—ideal for those seeking a Newhaven 2-bed maisonette investment. Presented by Palace Auctions
Property for sale An empty, unfurnished room in a Newhaven 2-bed maisonette investment, featuring bare wooden floors, cream walls, a wall-mounted TV, marble fireplace, large window with brown curtains, and a wooden ladder leaning against the wall. Presented by Palace Auctions
Property for sale A modern kitchen in a 2-bed maisonette Newhaven, featuring bright pink walls, white cabinets, grey countertops, a yellow window frame, built-in oven, gas stove, sink, and open shelves. Natural light floods through a large window. Presented by Palace Auctions
Property for sale A small kitchen in this 2-bed maisonette Newhaven features white cabinets, a gray countertop, a window above the sink with a yellow frame, and modern appliances. A doorway with yellow trim opens to a red-walled area, highlighting this South Road investment. Presented by Palace Auctions
Property for sale A narrow bathroom in a 2-bed maisonette Newhaven, with light pink tiles, a white bathtub and shower, pedestal sink, wall cabinet, small mirror, and frosted window. The room appears old with visible signs of wear—potential South Road investment. Presented by Palace Auctions
Property for sale A small, empty room with plain white walls, a yellow ceiling, and a single hanging lightbulb—part of a 2-bed maisonette Newhaven ideal for investment. A partially stripped wooden floor leads to a white door; a radiator sits on the right wall. Presented by Palace Auctions
Property for sale A small, empty room with pale blue walls, a yellow ceiling, bare wooden floorboards, a radiator along one wall, and a window with sheer white curtains—mold visible near the window—offers renovation potential for a Newhaven 2-bed maisonette investment. Presented by Palace Auctions
Property for sale A small, empty room in a 2-bed maisonette Newhaven, with stained white walls, yellow ceiling, brown floor, and mold near a window covered by a sheet. A radiator and large mirror lean against the right wall—ideal for investment or lease extension. Presented by Palace Auctions
Property for sale Small, empty room with stained walls and mold on the ceiling in a 2-bed maisonette Newhaven. Patches of peeling paint, a glass door and window to the garden, and green plants growing inside along the floor by the door. Presented by Palace Auctions
Property for sale Small, overgrown backyard with patchy grass, weeds, and mossy stone walls—ideal for a creative South Road investment. Surrounded by old white and brick houses; a bare tree and scattered items are visible. Presented by Palace Auctions
2

Description

Key Takeaway: Palace Auctions presents 22 South Road, Newhaven BN9 9QJ – a ground-floor, 2-bed maisonette with 53-year lease, requiring decoration and a new roof, offering potential yields up to 4.9% and capital ROI as high as 35%.

Property for sale Aerial view of Newhaven’s river estuary with boats, docks, industrial buildings, and a marina—surrounded by a coastal town, green fields, and cliffs—revealing the area’s investment potential for a 2-bed maisonette. Presented by Palace Auctions
Aerial view of Newhaven’s river estuary with boats, docks, industrial buildings, and a marina—surrounded by a coastal town, green fields, and cliffs—revealing the area’s investment potential for a 2-bed maisonette. Presented by Palace Auctions

Introduction


At Newhaven 2-bed maisonette investment, you’ll discover a prime auction opportunity in East Sussex’s thriving coastal town. Located on South Road, this ground-floor flat boasts two bedrooms, a long-term tenant demand pipeline and easy access to Newhaven Town station (0.24 miles) and the cross-channel ferry port. Moreover, with just 53 years remaining on the lease and an estimated £20,000 extension cost, investors can add significant value through lease renewal and refurbishment.

 

Features

  • Two Bedroom Maisonette
  • Split over Two Floors
  • Private Section of Garden
  • Requires Modernisation Throughout
  • No Onward Chain
  • LPE1 and full management pack available
  • On-street parking permit zone
  • High-speed fibre broadband and mains services

Investment Highlights

• Average local price: £298,775 in Newhaven (2024) 

Typical rental yield: 3–4.5% across Sussex, with this flat modelling 4.0–4.9% yields
Best-case capital ROI: 35.1% (Distressed Sale + Basic Renovation)
Conservative scenario: 4.1% rental yield and break-even via rental income
Strong tenant demand from commuters to Brighton, Lewes and Eastbourne

Location & Local Amenities

22 South Road sits within walking distance of:
Newhaven Town & Harbour rail stations (0.24 mi) – services to Brighton 

Ferry port with regular crossings to Dieppe, France 

Sainsbury’s Superstore (0.6 mi) and Mulberry convenience store
Newhaven Fish Bar and 20+ cafés, restaurants & pubs within 1 mi
Newhaven Fort – exhibitions, playground and café 

Paradise Park – botanical gardens & dinosaur trail 

South Downs National Park and Seven Sisters Country Park (2 mi)

Lease Extension & Refurbishment

• Estimated premium: £20,000–£24,000 to add 90 years and remove ground rent.  

• Renovation budget: £25K depending on finish level. Consequently, buyers can maximise value by coordinating the lease renewal and fit-out in one project.

Financial Analysis & ROI

Our ROI modelling shows:

Purchase Scenario Renovation Level Total Investment Potential Resale Capital ROI Rental Yield
Distressed Sale     Basic     £185,000     £250,000     35.1%     4.9%
Market Rate     Standard     £221,000     £212,000     –4.1%     4.1%
Above Market     Premium     £250,000     £250,000      0.0%     4.3%

 

Insight: A distressed-sale purchase with essential repairs offers the strongest upside (35% ROI), while market-rate acquisitions require cost control to break even.


Figure 2: Capital ROI and rental yield comparisons across key scenarios.

How to Bid & Internal Links

• Register on our Auction Calendar
• Review our Auction Process Guide
• Explore Recent Auctions for similar opportunities

Outbound Links

• Lewes District Council (planning & services): lewes-eastbourne.gov.uk/
• Southern Railway – Newhaven Town station info: southernrailway.com/
• Newhaven Fort: newhavenfort.org.uk/
• Mouse price – Newhaven house prices: mouseprice.com/house-prices/east-sussex/newhaven

Page last updated: Thursday, 21 August 2025

Get in touch

Edward Swindells Auctioneer Consultant Auctioneer & Valuer

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