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See how verdicts work1-bedroom flat · BN21 4BE
For saleReduced £10k (−7.1%) on 22 AugListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented one bedroom purpose built ground floor flat forming part of this popular development.
Enviably situated directly off Eastbourne's seafront and within walking distance of Eastbourne's town centre and mainline railway station the flat benefits from a refitted kitchen and bathroom, sealed unit double glazing, communal gas heating and direct access from the lounge onto a private terrace and lawned communal gardens.
One bedroom flats in this development are rarely available and an internal inspection comes highly recommended. Entrance Communal entrance with security entryphone system.
Ground floor private entrance door to - Hallway Lounge (4.98m x 3.33m (16'4 x 10'11)) Radiator. Coved ceiling. Television point. Telephone point.
Double glazed window overlooking lawned communal gardens. Double glazed door to Patio. Fitted Kitchen (2.59m x 1.75m (8'6 x 5'9 )) Modern range of wall and base units.
Worktop with inset single drainer sink unit with chrome mixer tap. Built-in electric hob and eye level oven. Plumbing and space for dishwasher. Tiled walls. Rubbish chute.
Double glazed window overlooking lawned communal gardens Bedroom (4.32m x 3.30m (14'2 x 10'10)) Extensive range of fitted furniture including wardrobe with power and plumbing for washing machine.
Further wardrobes with mirrored sliding door and desk with drawers. Radiator. Double glazed window overlooking lawned communal gardens.
Bathroom/Wc White suite comprising panelled bath with shower over and shower screen. Low level WC with concealed cistern and vanity unit with inset wash hand basin and cupboards below.
Tiled walls and floor. Heated towel rail. Wall mounted glass cabinet with light. Frosted double glazed window.
Outside The flat benefits from well maintained lawned communal gardens with well stocked flower beds and residents parking facilities. Epc = D Council Tax Band = B
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
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FAQ
About 2, Park Gates, Chiswick Place, Eastbourne
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