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See how verdicts work1-bedroom house · BN20 7HD
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EMSLIE AND TARRANT ESTATE AGENTS ARE PLEASED TO OFFER TO THE MARKET THIS WELL APPOINTED ONE BEDROOM FIRST FLOOR RETIREMENT APARTMENT, FORMING PART OF A HIGHLY REGARDED DEVELOPMENT IN THE SOUGHT AFTER LOWER MEADS AREA - BEING SOLD CHAIN FREE AND BENEFITING FROM A PLEASANT OUTLOOK.
The apartment offers well-arranged and comfortable accommodation and is presented in good order throughout.
Notable features include a generously proportioned sitting room, a well-equipped fitted kitchen and a spacious double bedroom with built in wardrobe storage.
The property enjoys an attractive front aspect from the principal rooms, creating a light and airy feel, together with the uncommon advantage of a window to the shower room and kitchen, allowing for natural light and ventilation.
The development itself is well maintained and provides a range of communal facilities including a resident's lounge, laundry room, gardens and parking.
An internal inspection is highly recommended by the vendor's sole agents.
LOCATION The property occupies a convenient position within the desirable Lower Meads area of Eastbourne, being within comfortable walking distance of the seafront and the town centre with its wide range of shopping facilities, theatres and mainline railway station.
A bus stop is located directly outside the development, providing easy access to surrounding areas.
ACCOMMODATION AND APPROXIMATE ROOM SIZES Communal entrance with security entry phone system, lift and stairs to the first floor.
Private front door opening into ENTRANCE HALL with large built in storage cupboard housing hot water cylinder.
SITTING ROOM 19'8 x 10'6 (5.99m x 3.20m) a well-proportioned room enjoying a pleasant front aspect. Feature fireplace with electric surround, modern electric heater, double glazed window.
FITTED KITCHEN 8'0 x 7'5 (2.44m x 2.26m) fitted with a range of wall and base units with worktop surfaces, inset single drainer sink unit with mixer tap, built in electric oven with four ring hob and extractor hood above, space and plumbing for washing machine, space for free-standing fridge/freezer, double glazed window to front.
BEDROOM 13'7 x 9'2 (4.14m x 2.79m) a comfortable double room with built in wardrobe, electric heater, double glazed window enjoying the same pleasant outlook.
SHOWER ROOM fitted with a suite comprising walk in shower cubicle with wall mounted shower, wash hand basin set into vanity unit, low level wc, heated towel rail, extractor fan and a particularly unusual double glazed window to the side, providing natural light.
OUTSIDE The property is set within attractively maintained COMMUNAL GARDENS. Residents benefit from PARKING FACILITIES.
The development also provides a RESIDENTS LOUNGE and LAUNDRY ROOM LEASE - To be advised. MAINTENANCE - To be advised. EASTBOURNE COUNCIL TAX BAND - C EPC RATING - To be confirmed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Granville Road, Meads, Eastbourne
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