2-bedroom flat · BN21 4AP
For saleReduced £5k (−2.9%) on 29 JulListed 199 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £180,000 - £200,000 *** A two bedroom ground floor apartment forming part of this luxury development situated yards from Eastbourne's Seafront.
Offering spacious and well proportioned accommodation the flat benefits from two double bedrooms with the master bedroom having an en-suite shower room, further bathroom, bay windowed lounge with access to the balcony to the rear, fitted kitchen, double glazing and underfloor heating.
Eastbourne's theatres are within 100 yards and the town centre and mainline railway station are also within comfortable walking distance. An internal inspection comes very highly recommended.
Entrance Communal entrance with video security entry phone system. Ground floor private entrance door to- Hallway Coved ceiling. Airing cupboard housing hot water cylinder. Built in cupboard.
Video entryphone handset. Bay Windowed Lounge (5.64m x 3.76m (18'6 x 12'4 )) Coved ceiling. TV point. Double glazed bay window to rear aspect. Door to balcony.
Opening to- Fitted Kitchen (2.82m x 1.91m (9'3 x 6'3 )) Fitted range of lightwood wall and base units. Worktop with inset single drainer one and a half bowl sink unit with mixer tap.
Space for fridge/freezer. Plumbing and space for washing machine. Built in electric oven and hob with stainless steel splashback and extractor cooker hood. Built in microwave. Tiled flooring.
Inset spotlights. Bedroom 1 (3.33m x 3.30m (10'11 x 10'10 )) Coved ceiling. Double glazed bay window to rear aspect. Door to balcony. Door to - En-Suite Shower Room/Wc Suite comprising shower cubicle.
Low level WC with concealed cistern. Wash hand basin with chrome mixer tap. Part tiled walls. Tiled flooring. Inset spotlights. Extractor fan. Chrome heated towel rail.
Bedroom 2 (2.79m x 2.59m (9'2 x 8'6 )) Coved ceiling. Double glazed window to rear aspect. Bathroom/Wc Suite comprising panelled bath with mixer tap and shower attachment.
Low level WC with concealed cistern. Wash hand basin with chrome mixer tap. Tiled flooring. Part tiled walls. Inset spotlights. Epc = C Council Tax Band = D.
Value & comps
No previous sales on record.
Returns
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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 2, The Mansions, Compton Street, Eastbourne
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