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See how verdicts work2-bedroom flat · TN22 3FH
Sold STCListed 210 days
Opportunity summary
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About
NO CHAIN - An exceptionally spacious and well equipped ground floor apartment providing assisted living apartment for the over 65's.
Wheel chair friendly with allocated parking space, visitors parking and well tended communal gardens..
PURPOSE BUILT GROUND FLOOR ASSISTED LIVING RETIREMENT APARTMENT | DOUBLE GLAZING | INDIVIDUALLY CONTROLLED ELECTRIC RADIATORS | CUSTOM MADE CURTAINS AND PELMETS IN EVERY ROOM | ENTRANCE HALL | CLOAKROOM | LIVING ROOM | KITCHEN | TWO BEDROOMS | EASY ACCESS EN-SUITE WET ROOM | UTILITY CUPBOARD | COMMUNAL GARDENS | ALLOCATED PARKING SPACE | VISITOR'S PARKING | COUNCIL TAX: BAND D | EPC: BAND C SITUATION: The property is situated in the village of Five Ash Down with its inn and Post Office stores.
There is a bus stop close by with regular services to Uckfield, Lewes, Tunbridge Wells and Brighton.
Uckfield is the nearest main town with an excellent range of shops, bars, restaurants, cinema and railway station with services to London |Bridge and East Croydon.
DESCRIPTION: Approached via a welcoming Hallway with entry handset, intercall system panel, Cloakroom and useful Utility Cupboard housing the washer/dryer and hot water cylinder.
The spacious double aspect living room has a stone fireplace with electric fire and the wonderful benefit of having its own access onto a seating area and the communal gardens.
Opening to a fitted Kitchen/Breakfast Room which looks out to the side and is fitted with a good range of units to base and eye level, work surfaces, inset sink unit with 'Quooker' mixer tap, electric hob, oven and integrated fridge/freezer.
There are two Bedrooms, the main Bedroom having a built-in wardrobe and a luxurious fully tiled En-Suite Wet Room with easy access shower and non-slip flooring.
Each apartment has access to the gardens and to the facilities at the adjoining care home, if required. Residents can choose from a variety of care packages if required.
OUTSIDE: Well tended communal gardens, allocated parking space, together with parking for visitors. TENURE/OUTGOINGS Lease: 125 years from 1st Janury 2014. Ground Rent: £187.49 every six months.
Service charges £190 pcm. Water is charged by Barchester, average £167pa. NOTE: The above figures have been provided by our client.
Verification should be sought by the legal representative acting for the buyers.
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 Linum Lane, Five Ash Down, Uckfield, East Sussex, TN22
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