1-bedroom flat · BN21 1PP
For saleReduced £5k (−4.3%) on 21 JunListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A charming purpose built ground floor retirement apartment in the heart of Old Town well placed for local amenities.
Overlooking delightful lawned communal gardens at the rear the accommodation is well presented and is geared for convenient retirement living with an unusually generous amount of reception space.
We are advised that the property has no onward chain.
16 Ocklynge Road forms part of an attractively designed and relatively small retirement development in the heart of picturesque Old Town served by a range of local facilities which include Waitrose as well as the village shops in Crown Street.
Eastbourne town centre offers a further range of amenities including the new Beacon shopping centre, theatres and one of the finest Victorian seafronts on the south coast.
There are mainline rail services from Eastbourne to London Victoria and to Gatwick. Motcombe Gardens are relatively close by with a picturesque village style pond and adjacent bowling green.
Spacious Sitting/Dining Room (5.6m x 4.52m (18' 4" x 14' 10")) Approximate maximum measurements of the L shaped room and affording a double aspect, understairs storage cupboard, 2 radiators.
Kitchen (2.13m x 1.83m (7' 0" x 6' 0")) With garden aspect and a range of working surfaces with inset sink unit and mixer tap, cupboards below and range of wall cabinets over, space for cooker and further appliances, radiator.
Inner Halll With cupboard housing the lagged hot water cylinder.
Bedroom (3.15m x 2.9m (10' 4" x 9' 6")) Excluding the depth of the built in wardrobe cupboards and including the depth of the range of fitted wardrobe cupboards, radiator.
Bathroom With panelled bath and electric shower over, wash basin with cupboards below, low level wc, radiator.
Outside There are attractively maintained communal lawned gardens for the use of the residents and access to the residents' lounge and laundry facility, visitors' car parking area.
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 16, Ocklynge Road, Eastbourne
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