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See how verdicts work2-bedroom flat · BN23 7FD
For saleReduced £5k (−4.3%) on 23 SepListed 107 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**guide price £115,000 (75% Shared Equity)** An immaculately presented two-bedroom shared equity extra care apartment awaits its new owner, complete with an in-house care service and wheelchair accessibility, all offered with no forward chain.
Upon entering, you are greeted by a well-laid out living space.
The apartment features two excellent sized bedrooms with the principal bedroom being an impressive sized double room and benefiting from an Jack & Jill access to the large wet room, designed for both convenience and accessibility.
The spacious living room is a true highlight, featuring a charming Juliet balcony that invites natural light and offers pleasant views across the communal grounds, creating an airy and inviting atmosphere, and open plan with the modern fitted kitchen, providing a practical space for daily living.
Residents will appreciate the comprehensive on-site facilities, fostering a vibrant community spirit.
These include a welcoming communal lounge, two dedicated activities rooms, and a convenient restaurant, ensuring comfort and social engagement.
The flat is fitted with a pull-cord emergency alarm system. They also have a door-entry system, to enable you to let guests in from the main scheme entrance.
This property provides a supportive living environment within a well-regarded area, offering easy access to local amenities and transport links for daily convenience.
The shared equity model means you acquire a 75% share of the property, with no rent payable on the remaining 25% owned by Saxon Weald.
Please note that an assessment by the Scheme Manager is required to confirm suitability for residency and care needs.
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 Cranbrook, 10,Flat 38, Pembury Road, Eastbourne
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