1-bedroom flat · BN22 7JQ
For saleReduced £5k (−4.4%) on 6 OctListed 82 days
Opportunity summary
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About
A well presented one bedroom first floor retirement apartment being within a short stroll to the seafront in the Redoubt area of Eastbourne.
The accommodation comprises a communal entrance hall, private entrance hall, modern kitchen, living room, bedroom and modern bathroom/wc.
The property is served by the lifeline pull cord system although is designed with independent living in mind.
There are also communal facilities including residents lounge, laundry room, gardens and there is parking to the front of the building EPC=C.
The Accommodation Comprises: Communal Entrance Hall With lift and stairs to all floors. First Floor Landing Private front door opening to: Hallway With spacious storage cupboard, LifeLine cord.
Living/Dining Room (5.05m x 3.38m (16'7 x 11'1 )) With upvc bay windows to front, electric panel heater, electric fireplace, wall light points, television aerial point, coved ceiling.
Kitchen (2.36m x 2.29m (7'9 x 7'6 )) With a comprehensive range of matching white fronted eye and base level units with complimentary rolled edge moulded work top surfaces over with inset single drainer sink unit with chrome mixer taps.
Integrated fridge freezer, four burner electric hob with electric oven under, part tiled walls in complimentary tiling, LifeLine cord.
Bedroom (4.42m x 2.74m (14'6 x 9'0 )) With upvc window to front, electric panel heater, LifeLine cord.
Bathroom/Wc (2.29m x 1.91m (7'6 x 6'3 )) With a white suite comprising panelled bath with mixer taps and shower unit over with glazed screen, low level wc, pedestal hand wash basin with chrome fitments, chrome heated towel rail, fully tiled walls in complimentary tiling, wall mounted extractor, LifeLine cord.
Communal Facilities N.B The current length of lease is 99 years from 31st October 1988 until 25th March 2087 Term of lease 99 years from 25 March 1988.
We are awaiting confirmation of the current maintenance charges from the managing agents Stredder Pearce but as reference these are the laterst charges we have on record.
We are advised that the current ground rent is £150 per annum Service Charge due 24.06.2025 for one quarter in advance £719.00 Council Tax Band: Council Tax Band - 'B' Eastbourne Borough Council.
Broadband And Mobile Phone Checker: For broadband and mobile phone information please see the following website: For Clarification: We wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a detailed survey nor tested the services, appliances & specific fittings. Room sizes cannot be relied upon for carpets and furnishings.
Opening Hours We are open:- 8:45am - 5:45pm weekdays 9:00am - 5:30pm Saturdays Viewing Arrangements: All appointments are to be made through Taylor Engley.
Value & comps
No previous sales on record.
Returns
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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 Flat 41, Sovereign Court, 21 Wannock Road, Eastbourne
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