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See how verdicts work1-bedroom flat · BN21 1SB
Sold STCListed 548 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Commanding far reaching views - a delightfully presented purpose built retirement apartment in the heart of Old Town close to local amenities.
Affording views from the second floor of this popular development, which is geared for retirement living, the accommodation has been significantly improved over the years and now benefits from the installation of newly fitted carpets.
Chertion Court provides a range of communal amenities for the residents including an emergency call system. An inspection will convey the high merit of this delightful apartment.
Available with no onward chain.
Cheriton Court is enviably located close to the local shopping centre of Green Street with other local amenities including Victoria Medical Centre and bus services to Eastbourne town centre.
Eastbourne offers a wide range of amenities with the town centre featuring popular theatres, the new Beacon shopping centre and one of the finest Victorian seafronts on the south coast.
Communal Entrance Hall with entry phone system and passenger lift or stair case to second floor landing with front door to Entrance Hall with entry phone system, cupboard housing hot water cylinder.
Spacious Sitting/Dining Room 5.8m x 3.05m (19' 0" x 10' 0") with a delightful aspect including a far reaching view over Old Town, Sunhouse night storage heater and open plan with Kitchen 2.13m x 2.03m (7' 0" x 6' 8") with range of working surfaces with drawers and cupboards below including corner carousel unit, matching wall cabinets over, space for refrigerator and for freezer.
Large Double Bedroom 5.6m x 2.77m (18' 4" x 9' 1") into the window recess which affords far reaching views and including the depth of the mirror fronted floor to ceiling wardrobe/storage cupboard, range of fitted storage cupboards, Dimplex night storage heater.
Large Shower Room with large shower unit with wall mounted shower fittings, wash basin and low level wc, heated towel rail, cabinet, part tiled walls, extractor fan.
Outside A charming feature of Cheriton Court is the south westerly facing private lawned rear garden which is for the benefit of the residents together with a residents' car parking area.
Other communal facilities include the large communal sitting room which secures a south westerly garden aspect and has the benefit of an adjacent kitchenette.
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
FAQ
About Green Street, Old Town, Eastbourne, BN21
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