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See how verdicts work3-bedroom flat · BN21 1SD
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brook Gamble are delighted to offer to the market this well presented three bedroom second floor apartment on popular Albert Parade in Old Town.
The property offers a modern kitchen with integrated appliances, luxury bathroom/shower room, gas central heating and uPVC double glazing.
Being triple aspect, far reaching views to the South Downs, and across Old Town are enjoyed whilst there is also the benefit of a wonderful communal roof terrace.
Ideally located for popular local schools and shops, and being sold chain free, viewing is highly recommended. Sole Agents. Communal Entrance External rear staircase to Communal Roof Terrace.
Communal front door to Communal Entrance Hall. Private front door to: Entrance Hall Door to: Utility Room/Wc Low Flush WC.
Ceramic sink unit inset into work surface with cupboards below and matching range of wall mounted cupboards over. Integrated washing machine. Tiled floor. UPVC double glazed window to side.
First Floor Landing Stairs from Entrance Hall to First Floor Landing. Skylight allowing natural light. Kitchen (4.95m x 2.79m max (16'3" x 9'2" max)) Sink unit inset into solid wood work surface.
Soft close drawer and base units with matching range of wall mounted cupboards over.
Integrated appliances include electric double oven, four ring gas hob with extractor hood over, dishwasher and fridge freezer. Walk-in storage cupboard housing wall mounted gas boiler.
Window seats, with storage, to bay. Part tiling to walls. Inset ceiling spotlights. Tiled floor. UPVC double glazed windows with panoramic views of Old Town.
Lounge (4.47m x 3.78m (14'8" x 12'5")) Radiators. Triple aspect with uPVC double glazed picture windows affording roofscape views over Old Town to the South Downs.
Bedroom 1 (4.37m x 3.73m (14'4" x 12'3")) Radiator. UPVC double glazed window to front. Bedroom 2 (3.53m x 3.18m (11'7" x 10'5")) Radiator. UPVC double glazed window to front.
Bedroom 3 (3.84m x 2.29m (12'7" x 7'6")) Radiator. UPVC double glazed window to side. Bathroom Sunken bath, wash basin inset into storage and WC with concealed plumbing. Over-sized shower cubicle.
Heated towel rail. Radiator. Inset ceiling downlighters. Frosted uPVC double glazed window to rear.
External There is a spacious communal roof terrace to the rear, with glorious panoramic Old Town views.
Other Information Council Tax Band B The Vendor advises us of the following information, though we have not seen a copy of the lease: Lease: Approximately 79 years remaining Ground rent: £150.00 per annum Management fees: £180.00 per annum + £100.00 for the communal areas.
The service charge includes water charges.
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 1A, Albert Parade, Eastbourne
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