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See how verdicts work3-bedroom flat · RH18 5AF
Listing removedListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This split level maisonette is part of The Milliners residential development highly commended as a small scale residential build at Sussex Heritage Trust Awards in 2007.
Its eco conscious design boasts low running costs. It is set in the centre of the village a short distance from the Forest Way and Ashdown Forest. Hall, Double reception room, Kitchen.
3 bedrooms, Family bathroom, Separate WC. Allocated parking for one car, Terraced courtyard, Banked garden, Communal store.
Property From the parking area, steps lead down to a walkway with a covered entrance and front door opening into the first floor hall.
The sitting room has 2 Juliet balconies and is open to the kitchen/dining room with a lovely bay window.
The kitchen has fitted wall and floor units, work surfaces, 4 ring gas hob, oven, fridge/freezer and dishwasher. Also on this level is bedroom 3/study and a cloak/wet room.
Stairs lead down to the ground floor where there is a hall/utility area with a door to the terrace. There are also 2 double bedrooms with glazed door to the terrace and one has a wardrobe.
There is a well-appointed bathroom. Outside There is parking for one car in the allocated bay. The brick paved terrace courtyard has a gate onto Priory Road.
There is also a terraced garden leading up to a seat at the top. Tenure, Local Authorities and Services Leasehold. 125 years from 28/4/2007. Ground rent £184 pa. Service charge £1,640 pa.
Mains electricity. Water, heat and gas are supplied by the freeholder with a communal boiler supported by solar tubes and is separately metered for each flat.
Wealden DC: East Sussex CC: Council tax band B. EPC band C. Directions From our office go across both mini roundabouts on the A22. Take the first right and the property will be found at the end.
Local Amenities & Communications The A22 runs through the centre of the village providing good access to M25 and London.
The railway station at East Grinstead offers services to London Bridge/Victoria in about 54 minutes. Gatwick is about 13 miles away.
Forest Row has good local amenities, restaurants, golf and sports clubs. East Grinstead and Tunbridge Wells have a further range of shops, transport and recreational facilities.
There is an excellent selection of schools in the surrounding area, particularly Michael Hall School.
The Ashdown Forest which is at the end of the close is the largest free public access space in the South East and is a great place for walking and enjoying spectacular views over the Sussex countryside.
Stonedene Close gives direct access onto the Forest Way.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 2 The Milliners,, Lewes Road, East Sussex
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