3-bedroom flat · BN23 5TA
Listing removedListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** SSTC** very light and airy first floor apartment in need of a full refurbishment but offers the perfect opportunity to put your own stamp on.
The property benefits from a sunny south-east facing balcony and a fully fitted kitchen. There is an en-suite shower room to the main bedroom and separate family bathroom.
The property also includes a covered car port. Offered to market chain free.
All the amenities of Sovereign Harbour are only a short walk away with the main Harbour offering a wide range of restaurants, bars and cafes.
A little further is The Crumbles Retail Park which offers a range of national brands such as Next, Boots, TK Maxx and a supermarket.
While Eastbourne’s main line station has direct links to London Victoria and Gatwick Airport. Entry Ground floor entrance to communal outer lobby with security entry system.
Individual mail delivery boxes. Glazed inner security door to stairway to all floors. Entrance Lobby Entry to apartment lobby from 1st floor landing via panelled door.
Triple mirrored storage cupboard. Ceiling light. Laminate floor. Power points. Entrance Hall Security entry phone. Smoke alarm. Radiator. Two ceiling lights.
Airing cupboard housing hot water cylinder. Laminate floor. Kitchen Extensive range of wall and base units incorporating 1 1/2 sink with mixer tap and drainer. Tiled splashbacks.
Fitted appliances comprising Neff 4 ring gas hob, electric oven. Bosch washing machine. Fridge freezer. Ideal classic wall mounted gas boiler. Central heating programmer. Radiator. Power points.
Ceiling light. Ceramic tiled flooring. Living Room Side views towards the South Harbour. Curtain poles and curtains. Radiator. Central heating thermostat.
Electric coal effect fire set into cream surround. Power points. TV point. Telephone point. Coved ceiling. French doors giving access to balcony:- Balcony Painted steel balustrade and decking.
Side views across to the South Harbour. Exterior light. Master Bedroom Double doors giving access to the Juliette balcony. Range of fitted wardrobes and storage. Radiator. Power points.
Ceiling light. Curtain pole and curtains. Fitted carpet. Ensuite Shower Room Fully tiled walls. Glazed shower cubicle. White suite comprising low level WC and pedestal hand basin. Radiator.
Window with obscured glass. Mirror cupboard. Extractor fan. Ceiling light. Tiled flooring. Bedroom Two Double doors giving access to Juliette balcony with exterior balustrade. Radiator.
Power points. Ceiling light. Curtain pole. Fitted carpet. Bathroom Part tiled walls. White suite comprising panelled bath, mixer taps and shower attachment with glass shower screen.
Low level WC. Pedestal wash hand basin with mirror over. Ceiling spotlight. Ladder radiator. Extractor fan. Vinyl flooring. Bedroom Three Window with views towards the Marina. Ceiling light.
Radiator. Curtain pole and curtain. Fitted carpet. Parking Allocated parking space in attached covered car port.
Value & comps
No previous sales on record.
Returns
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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 Santa Cruz Drive, Eastbourne, East Sussex
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