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See how verdicts work1-bedroom flat · BN7 2LT
For saleListed 412 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 1 Bedroom flat situated in a sought after building in the heart of Lewes Town Centre along a twitten just off of the High Street, yet positioned away from traffic and passers by.
The First Floor property benefits from being sold with a Share of the Freehold and features a wonderful Communal Garden and a Juliet Balcony in the main reception room.
The property would now benefit from updating and is available with vacant possession. Entrance Hall – Doors to principal rooms. Fitted cloaks cupboard.
Sitting Room – Measuring a generous 25ft and featuring an oriel window and double doors which open to a Juliet Balcony which overlooks the front communal garden.
Door to; Kitchen – An L Shaped kitchen comprising of a range of cupboards and drawers with a tiled splashback and enjoying elevated views over the communal garden to the rear.
Bedroom – A comfortable bedroom with fitted wardrobe and elevated views over the communal garden.
Door to; Bathroom – A white bathroom suite comprising of a bath with electric shower over and tiled surrounds with border inset, wc and wash hand basin. Window to the rear.
Communal Gardens- A superb addition to this property is the use of the communal gardens. The gardens are mostly laid to lawn with established and well stocked borders.
The gardens are primarily in three sections allowing residents to find a space to enjoy in relative privacy in this peaceful spot The property is superbly located along a twitten which leads directly to the historic High Street in one direction and Friars Walk, which in turn leads to Lewes Mainline Railway Station, in the other direction.
The High Street offers many individual shops, restaurants, public houses and eateries.
The historic market town further benefits from the leisure centre, local outdoor swimming pool and The Depot Cinema.
Lewes Mainline Railway Station is within easy walking distance and offers direct trains to London Victoria, Brighton, Gatwick and Eastbourne.
The stunning Grange Gardens, Lewes Castle and the Priory Ruins are also within easy walking distance.
Tenure – Share of Freehold with apx 182 years remaining Maintenance Charge - apx £1,440 per annum Electric Heating EPC Rating – 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.
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FAQ
About Flat 5, Broomans Court Broomans Lane, Lewes
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