3-bedroom flat · BN20 8AH
Listing removedListed 190 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, substantial converted maisonette in the much sought after old Town area of Eastbourne.
This first and second floor maisonette offers good sized accommodation, with the generously proportioned bedrooms being complimented by the lovely Lounge/Dining Room and Kitchen.
Being located close to Gildredge House School and Gildredge Park, further benefits include gas central heating and uPVC double glazing.
Being sold with a share of the freehold, viewing is considered essential. Sole Agents. Entrance - Communal front door opening into Communal Entrance Hall; Private front door into Entrance Hall.
Split-Level Landing - Staircase to first floor Split-Level Landing; entryphone handset, radiator.
Kitchen - 4.01m x 3.20m (13'2 x 10'6) - Single drainer one and a half bowl sink unit with mixer taps and cupboards below.
Further range of drawers and base units with working surfaces over incorporating five ring gas hob with cooker above, built-in electric oven and microwave, space and plumbing for washing machine, integrated dishwasher.
Range of matching wall units, cupboard housing wall mounted gas boiler, integrated fridge and freezer, part tiling to walls, breakfast bar, wood effect flooring, UPVC double glazed window to rear, frosted glazed porthole window to side, frosted UPVC double glazed door, external fire escape.
Bathroom - Bath with mixer taps and handheld shower attachment. Radiator, tiled floor, part-tiling to walls, wash basin with vanity unit below, frosted UPVC double glazed window to side.
Cloakroom - Low flush WC, tiled floor, frosted UPVC double glazed window to side.
Lounge - 5.11m x 4.72m (16'9 x 15'6) - Feature fireplace, built-in storage cupboard with built-in shelving above, picture rail, laminate wood effect flooring, double radiator, UPVC double glazed window to front with UPVC double door opening onto balcony.
Bedroom 2 - 3.68m x 3.18m (12'1 x 10'5) - Radiator, picture rail, UPVC double glazed window to rear.
Second Floor Landing - Stairs rising from Entrance Landing to Second Floor Landing; storage cupboard, UPVC double glazed window to side.
Bedroom 1 - 4.93m x 4.52m (16'2 x 14'10) - Double radiator, built in wardrobe cupboard.
Eaves storage cupboard, pedestal wash basin with tiled splashback, UPVC double glazed window to front with Sea glimpses and Downland views.
Bedroom 3 - 3.35m x 3.23m (11' x 10'7) - Feature fireplace, double radiator, UPVC double glazed window to rear.
Other Information - The vendor advises that the property is being sold with a share of the freehold.
Lease: 189 years from 1998 Ground Rent: Not applicable Maintenance:5/8's of outgoings on an as an when basis
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 75 Vicarage Road, Eastbourne
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