2-bedroom flat · BN7 2UX
Sold STCListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to market for sale this modern two Bedroom flat situated on the second floor in this centrally located development.
This property offers large, bright rooms with a balcony off the lounge with westerly views, overlooking the communal grounds.
The property is a short 4-minute walk to the mainline train station (source Google Maps) and an easy meander into the town centre where a selection of shops, restaurants, cafes and public houses can be found.
ACCOMMODATION ENTRANCE– Doors to principal rooms LIVING ROOM– Measuring a generous 14’11ft x 11’3ft this room benefits from large rear and side aspect windows, a double-glazed side aspect door opening onto BALCONY- Views over communal gardens KITCHEN– Fitted with a range of wall and base units with a contrasting worktop, 1.5 bowl stainless steel sink with mixer tap and side aspect double glazed window above.
4 ring ceramic hob with cooker hood above and eye level integrated oven. Space for dishwasher, fridge freezer and washing machine.
BEDROOM- Double bedroom with large side aspect double-glazed window overlooking the communal gardens BEDROOM- Double bedroom with large side aspect double-glazed window BATHROOM- Large shower enclosure with glass screens and tiled surround, wash hand basin with mixer tap, chrome heated towel rail, low-level W.C., and obscured window.
COMMUNAL GARDENS- Lawned communal gardens to the south and west of the property with tree lined west boundary.
COMMUNAL PARKING- Limited and on a first come first served basis, permit required Priory Court is a popular 1960’s purpose-built development situated in Lewes town centre, being close to the Mainline Railway Station and historic High Street.
The Depot Cinema, Lewes Leisure Centre and scenic walks through Grange Gardens and The Priory Ruins are all within easy walking distance.
Tenure – Share of Freehold Lease- apx 940 years remaining Maintenance- apx £2,220 p.a. EPC rating – C Council tax band – B EPC Rating: C Parking - Permit Residential permit parking
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 Mountfield Road, Priory Court Mountfield Road, BN7
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