2-bedroom flat · BN21 4NS
For saleReduced £9.9k (−5.2%) on 14 JulListed 224 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 2 bedroom 2 bathroom second floor apartment in Eastbourne immediate town centre.
Being sold chain free the flat benefits from 2 double bedrooms, one with an en-suite shower room/WC and fitted kitchen/breakfast room. Further benefits include double glazing and gas central heating.
Eastbourne’s town centre, mainline railway station and seafront are all within comfortable walking distance. An internal inspection comes highly recommended.
Entrance Communal entrance with security entry phone system. Stairs and lift to second floor private entrance door to - Hallway Radiator. Built-in double cupboard. Wood effect flooring.
Lounge (4.22m x 3.91m (13'10 x 12'10 )) Radiator. Coved ceiling. Wall lights. Doors to kitchen and bedroom.
Fitted Kitchen/Breakfast Room (3.99m x 2.77m (13'1 x 9'1 )) Range of fitted white wall and base units. Worktop with inset single drainer sink unit and mixer tap. Built-in electric oven and hob.
Stainless steel extractor cooker hood. Space for fridge/freezer. Plumbing and space for washing machine and dishwasher. Double glazed window to front aspect.
Bedroom 1 (3.38m x 3.35m (11'1 x 11'0 )) Radiator. Ceiling rose. Coved ceiling. Double glazed window to rear aspect. Bedroom 2 (4.62m x 3.94m (15'2 x 12'11)) Radiator.
Double glazed window to front aspect. Door to - En-Suite Shower Room/Wc Suite comprising shower cubicle. Low level WC. Pedestal wash hand basin with mixer tap. Part tiled walls. Radiator.
Extractor fan. Modern Bathroom/Wc Suite comprising panelled bath with shower over. Vanity unit with inset wash hand basin, mixer tap and cupboard below. Low level WC with bidet wash function.
Extractor fan. Radiator. Illuminated mirror. Council Tax Band = C
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
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FAQ
About 5, Sussex Mansions, Cornfield Terrace, Eastbourne
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