2-bedroom flat · TN22 1FH
For saleListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Positioned within easy reach of the town centre, views of the communal garden and neighbouring countryside.
This two bedroom first floor retirement apartment offers well balanced accommodation in a managed development.
Flat 24, Margaret House is a well presented two bedroom property available on a 75% equity scheme.
The professionally managed development is for the over 60’s and benefits from a 24 hour care team on site.
There is much on offer including off street parking, communal gardens, a residents’ lounge and restaurant.
Further features include a secure door entry system, lifts to all floors, assisted bathing facilities and an emergency alarm system.
The property is entered via a reception hallway with a built-in storage cupboard, there is a good size wet room, and a bright living area, forming an open plan sitting/dining room with plenty of natural light and views across the rooftops and beyond.
The kitchen sits to one side and is fitted with a range of matching units. There are two double bedrooms, a similar outlook to the living area, and Jack and Jill access to the wet room.
Outside, the development is approached via a driveway and well maintained communal gardens. Internally, there is a secure entry system leading into the foyer, with lift access nearby.
Potential buyers are required to be assessed by Saxon Weald before a sale can proceed.
125 year lease commencing 1st September 2010 EPC Rating: B Location Margaret House is enviably positioned within walking distance of the town centre offering a comprehensive range of shopping and leisure facilities including a cinema, several bars/restaurants as well as a popular leisure centre.
Uckfield boasts a wide selection of schools for all age groups including a sixth form community college.
The nearby A272 provides swift vehicular access to Haywards Heath which offers an excellent commuter train service to London (Victoria/London Bridge both approximately 47 mins) whilst the motorway network of the M23/25 is also easily accessed west of Haywards Heath at Bolney village.
The coastal resorts of Eastbourne and Brighton city centre are also close by and additionally the picturesque Ashdown Forest with its lovely open countryside used for riding and walking is also within a short driving distance at nearby Nutley village.
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
FAQ
About Flat 24, Margaret House Lealands Drive, Uckfield
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