2-bedroom flat · BN20 7BJ
For saleReduced £9.9k (−5.1%) on 17 OctListed 836 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented two bedroom second (top) floor apartment with a passenger lift.
Forming part of this attractive detached residence situated in the Lower Meads the flat benefits from a refitted kitchen & bathroom, two double bedrooms, double glazing, gas central heating and new floor coverings throughout.
Being offered chain free there are lawned communal gardens and a garage to the rear.
Eastbourne town centre, theatres and seafront are all within comfortable walking distance and the flat is being sold with a share of the freehold. An internal inspection comes highly recommended.
Entrance Communal entrance with security entry phone system. Stairs and lift to second floor private entrance door to - Hallway Radiator. Entryphone handset. Loft access (not inspected).
Cupboard housing gas boiler. Lounge (4.04m x 3.91m (13'3 x 12'10)) Radiator. Television point. Feature fireplace with tiled hearth and surround. Fixed shelving. Double glazed window to front aspect.
Fitted Kitchen (2.90m x 1.80m (9'6 x 5'11)) Range of fitted white high gloss wall and base units. Worktop with inset single drainer sink unit and mixer tap. Built-in electric hob & oven.
Plumbing and space for washing machine. Upright fridge/freezer. Wood effect flooring. Double glazed window to front aspect. Bedroom 1 (4.04m x 3.10m (13'3 x 10'2)) Radiator. Built-in wardrobe.
Secondary glazed sash window to front aspect. Bedroom 2 (3.02m x 2.31m (9'11 x 7'7)) Radiator. Built-in wardrobe. Double glazed window to side aspect.
Modern Bathroom/Wc White suite comprising panelled bath with chrome mixer tap and shower over Low level WC.
Vanity unit with inset wash hand basin, chrome mixer tap, cupboards below and mirrored cabinet above. Chrome heated towel rail. Outside The block is set in pleasant lawned communal gardens.
Parking There is a garage with an up & over door to the rear. Epc = C 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.
Area
Agent & docs
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FAQ
About 9, The Thorpe, 22 Grassington Road, Eastbourne
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