2-bedroom flat · BN7 2DL
For saleListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lewes Estates is pleased to offer for sale a unique two bedroom lower ground floor maisonette, which features both an elevated view at the rear and sunny aspect, a share of freehold, and a good sized rear garden on multiple levels offering a variety of uses.
You approach the property through it's own entrance on Offham Terrace down external steps with a covered storage area.
The front door takes you into the kitchen which is fitted with under counter cupboards and drawers as well as open shelving.
There is a solid wood worktop, 4-ring gas hob with extractor over, electric oven, ceramic sink and fitted dishwasher. There is space and plumbing for a washing machine and space for a fridge/freezer.
Proceeding into the hallway, stairs take you up to the shower room which has an original window with rear aspect and comprises of a shower unit with folding glazed doors, a circular wash hand basin and low level WC.
Bedroom two has a front aspect window, wooden flooring and built in shelves. Bedroom one has a rear aspect window giving views of the garden and the Pells area. There is also a decorative fireplace.
Continuing downstairs, the living/dining room has a UPVC double glazed window giving views of the garden and there is a door providing access.
This room features an exposed brick fireplace with stone mantle, cast iron wood-burner and slate hearth. There is also space under the stairs for an appliance.
Externally there is a generous garden with multiple spaces to enjoy. There is a paved patio area adjacent to the back door, a decked seating area, storage cupboard and outside power points.
Further steps take you to another private decked area and a final tier with raised beds. Internal viewing is highly recommended.
Please contact our office by phone or email to arrange your appointment. Entrance - Steps descend from Offham Terrace to lower ground floor entrance into Kitchen.
Handrail, storage space, meter cupboard. Kitchen - 3.13 x 2.25 (10'3" x 7'4") - Double glazed window with front aspect. Fitted kitchen with under counter cupboards and drawers.
Solid wood worktop and open shelving. Tiled splashback. 4-ring gas hob with extractor over and electric oven, ceramic sink, fitted dishwasher.
Space and plumbing for washing machine, space for fridge/freezer. Door opens to; Hallway - Exposed wooden floorboards. Stairs ascend to shower room.
Proceed past bedrooms to stairs descending to the Living/Dining room. Bedroom One - 3.45 x 2.92 (11'3" x 9'6") - Window with front aspect. Wooden flooring. Radiator. Built in shelves.
Bedroom Two - 3.16 x 2.92 (10'4" x 9'6") - Window with rear aspect featuring views of the garden and the Pells area. Wooden flooring. Radiator. Built in shelves. Fireplace.
Shower Room - Original window with rear aspect. Steps up to shower unit with folding glazed doors. Circular wash hand basin on wooden shelf top and tiled splashback. Low level WC.
Living / Dining Room - 4.15 x 4.05 (13'7" x 13'3") - UPVC double glazed window and door providing access to garden. Exposed brick fireplace with stone mantle, cast iron wood-burner and slate hearth.
Space under stairs for appliance. Garden - Paved patio area adjacent to the back door, decked seating area with storage cupboard and outside power points.
Steps down to lower decked area, and tier with raised beds.
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
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FAQ
About St. Johns Terrace, Lewes
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