1-bedroom flat · BN21 3HS
Listing removedReduced £9.9k (−7.1%) on 13 OctListed 222 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented one bedroom split level apartment situated in Eastbourne’s immediate town centre.
Being sold chain free the flat benefits from split level hallway, double bedroom, spacious lounge with open plan fitted kitchen and modern shower room/WC.
With a lease in excess of100 years and Eastbourne’s Beacon shopping centre, mainline railway station and seafront all being within comfortable walking distance, an internal inspection comes highly recommended.
Entrance Communal entrance with stairs to first floor private entrance door with further internal staircase to second floor landing. Split Level Hallway Fitted mezzanine storage area.
Double glazed window. Open Plan Lounge/Fitted Kitchen (5.13m x 4.14m (16'10 x 13'7 )) Radiator. Double glazed window to front aspect. Kitchen Area: Range of fitted white wall and base units.
Worktop with inset single drainer sink unit and mixer tap. Built-in gas hob and electric oven with extractor cooker hood above. Wall mounted gas boiler. Plumbing and space for washing machine.
Wood effect flooring. Bedroom (4.34m x 3.33m (14'3 x 10'11 )) Radiator. Double glazed window to rear aspect. Modern Shower Room/Wc White suite comprising shower cubicle. Low level WC.
Vanity unit with wash hand basin, chrome mixer tap and cupboard below. Part tiled walls. Chrome heated towel rail. Frosted double glazed window. Epc = D Council Tax Band = A
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
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FAQ
About Flat 4, 55, Pevensey Road, Eastbourne
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