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See how verdicts work1-bedroom flat · BN21 4BD
For saleReduced £10k (−7.1%) on 21 OctListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Phil Hall Estate Agents brings to the market this well-presented and spacious one-bedroom third-floor apartment, ideally positioned in a popular and sought-after location within easy walking distance of Eastbourne seafront, town centre and a wide range of local amenities.
Offered to the market chain free, the property would make an excellent first-time purchase, investment or seaside home.
The development itself is well maintained and benefits from a secure entry-phone system, passenger lifts and attractive communal gardens.
From the communal entrance, stairs or lift provide convenient access to the third floor.
Upon entering the apartment, you are welcomed into the entrance hall, which provides access to each of the rooms.
The living room/dining room is a particularly impressive space, generously proportioned with plenty of room to create separate areas for relaxing and dining.
A large double-glazed window allows plenty of natural light to fill the room while also enjoying distant views towards the South Downs.
Attractive parquet flooring adds warmth and character, while the size of the room provides excellent flexibility for a range of living and dining furniture.
Positioned separately from the main living space is the fitted kitchen, offering a good range of wall-mounted and matching base units complemented by work surfaces.
The kitchen comes equipped with a built-in oven, four-ring electric hob with extractor hood above, together with allocated spaces for an under-counter fridge and washing machine.
Being completely separate from the living room is a real bonus for those who prefer a more traditional layout.
The generously sized double bedroom continues the parquet flooring and benefits from a useful built-in wardrobe, providing excellent storage while still leaving plenty of space for additional bedroom furniture.
Completing the internal accommodation is the bathroom, fitted with a panel-enclosed bath, WC and wash hand basin.
Location, Location, Location Chiswick Place enjoys a highly convenient position in the heart of Eastbourne, perfectly placed for those looking to enjoy everything the town has to offer.
The property is within comfortable walking distance of the seafront and promenade, making it ideal for enjoying coastal walks, the beach and Eastbourne's many seafront attractions.
Eastbourne town centre is also within easy reach, offering an excellent selection of shops, cafés, restaurants and everyday amenities, including The Beacon shopping centre.
Eastbourne railway station provides regular services towards Brighton, Gatwick Airport and London, making the location particularly convenient for commuters or those wanting easy access further afield.
The property is also well positioned for Eastbourne's popular theatres, Devonshire Park and the town's cultural and leisure facilities, while the nearby South Downs provide fantastic opportunities for walking and enjoying the surrounding countryside.
Combining seaside living with excellent town-centre convenience, Chiswick Place is an ideal location for a permanent home, first-time purchase, investment or coastal retreat.
Communal Entrance Hall Lift and stairs leading to the third floor Private Entrance Hall Living Room/Dining Room (4.90m x 3.51m (16'01 x 11'06)) Kitchen (2.51m x 1.85m (8'03 x 6'01)) Bedroom (3.89m max x 3.61m (12'09 max x 11'10)) Bathroom (2.49m x 1.47m (8'02 x 4'10)) Outside Residents can enjoy the well-maintained communal gardens, which are predominantly laid to lawn and provide an attractive green space surrounding the development.
Residents' parking is also available on a first come, first served basis.
Lease Information We have been advised that the property is leasehold and that there is approx 122 years remaining on the lease, service charge is £3,750 per annum, and the ground rent is £130.00 per annum.
The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
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
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FAQ
About Flat 32, Park Gates, Chiswick Place, Eastbourne
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