2-bedroom flat · BN7 2NT
For saleListed 15 days
Opportunity summary
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About
Guide price £350,000 - £375,000 Set in the heart of historic Lewes, this beautifully presented two bedroom first floor apartment forms part of an impressive Grade II listed building, formerly The Crown Inn, which has been sympathetically converted into nine individual apartments.
The property combines the character of the original building with a high quality contemporary finish and is ideally positioned for buyers wanting to enjoy everything central Lewes has to offer.
The accommodation centres around an impressive open plan sitting room and kitchen, featuring a vaulted ceiling and oak flooring.
The contemporary German fitted kitchen is finished to a high specification and includes a range of integrated Neff appliances, including a dishwasher, fridge freezer and washing machine.
There are two bedrooms, with the principal bedroom providing generous double accommodation, together with a second bedroom which could equally suit use as a guest room or home office.
A stylish modern bathroom completes the internal accommodation.
The apartment is positioned to the rear of the building, overlooking the Needlemakers, and residents also benefit from access to a landscaped communal outside space with seating and planters, together with communal bicycle and bin storage.
Situated at the top of School Hill, opposite the war memorial, the property occupies a prominent and highly convenient position within Lewes town centre.
An excellent range of independent shops, restaurants, cafés and supermarkets are all within easy walking distance, while Lewes mainline railway station provides regular services to London Victoria and Brighton.
On-street residents' permit parking is available within the surrounding area, subject to the relevant council arrangements.
Sitting Room / Kitchen (4.83m x 4.22m (15'10" x 13'10")) Bedroom (3.86m x 3.76m (12'8" x 12'4")) Bedroom (3.71m x 2.95m (12'2" x 9'8")) Bathroom Council Tax Band C - £2,449.93 Per Annum Lease Information Lease: This property is offered as leasehold and has a lease of 995 years which was granted on 1st January 2021 We have been advised that there is an annual ground rent of £- The service charges is approximately £-per annum.
The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitors or survey
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 The Crown, 5, 8 Market Lane, Lewes
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