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See how verdicts work1-bedroom flat · BN9 9NU
For saleReduced £4k (−2.7%) on 10 OctListed 365 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The generously sized double bedroom sits at the front of the home and features a beautiful bay window, flooding the room with natural light.
The bright and airy living room is ideally positioned at the heart of the flat, a welcoming space for relaxing or entertaining.
To the rear, the well-appointed kitchen offers a range of wall and base units, providing storage and workspace. The modern shower room is fitted with a corner shower, WC, and wash basin.
Outside, you'll find a private rear patio garden with direct access to the allocated parking space behind which is owned by this flat as well as your own private entrance to the property.
While the property is presented in fair condition throughout, there's plenty of scope to update and add your own touch, making it an ideal purchase for those looking to create their perfect home or investment.
The property is able to achieve a 7.5% yield and is currently being let for £925.00pcm.
The property has a share of freehold with a new lease of 999 years, there is no service charge and the maintenance is adhoc between both freeholders.
Situated in a popular location close to local amenities and public transport.
* 10 minute walk to the railway station * Excellent bus links to Brighton, Lewes and Eastbourne * 15 minute walk to the beach * 5 minute walk to the river * 10 minute walk to the ferry terminal * 2 minute walk to the town centre Tenure: Share of Freehold (99 years) Maintenance on an adhoc basis.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23 Newfield Lane, Newhaven
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