2-bedroom flat · BN10 7QF
For saleReduced £20k (−10.8%) on 24 MayListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain - An excellent opportunity to acquire this spacious ground floor apartment, offered to the market with no onward chain.
Ideally situated in the heart of Peacehaven, the property is conveniently located within walking distance of local bus routes, schools and a wide range of everyday amenities.
This apartment represents an ideal purchase for first-time buyers looking to step onto the property ladder, as well as investors seeking to expand their portfolio.
The front door opens into a welcoming entrance hall, which benefits from several useful built-in storage cupboards.
To the rear of the property, the south-facing lounge/dining room and fitted kitchen enjoy an abundance of natural light throughout the day, creating a bright and airy living space.
The lounge/dining area offers ample room for comfortable seating and a small dining table.
A southerly aspect bay window overlooks the rear of the block, while an additional west-facing side window provides attractive views of the evening sunsets.
Adjacent to the living area, the modern fitted kitchen is well-proportioned and offers a good range of cupboards, drawers and work surfaces, along with space for a variety of appliances.
A south-facing window also overlooks the rear of the property. To the front of the apartment are two bedrooms, comprising one double and one single, both overlooking the communal front gardens.
The accommodation is further complemented by a modern refitted bathroom, which features a bath with shower over, wash basin and WC. A window provides natural light and essential ventilation.
Externally, the property benefits from an allocated parking space as well as access to communal gardens.
The apartment has also had its lease extended in recent years, meaning it will be sold with the significant advantage of a long lease.
Ground Rent £250 PA Maintenance charge for 1st January - 31st March 2026 - £521.58
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Balcombe Road, Peacehaven
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