2-bedroom flat · BN9 9QX
For saleListed 377 days
Opportunity summary
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About
CENTRAL LOCATION CLOSE TO SHOPS AND TRANSPORT LINKS.
Premier Sales are delighted to be marketing this immaculate, spacious and modern, top floor, 2 bedroom apartment forming part of an historic building which has been converted to a high-standard.
The property benefits from a modern kitchen and bathroom, gas central heating, double glazing and a newly-created 125 lease. VACANT POSSESSION. VIEWING HIGHLY RECOMMENDED. EPC Rating TBC.
Communal Hallway 1.9m (6'3) x 5.7m (18'8) Communal Hallway Open-Plan Kitchen/Sitting Room 5.5m (18'1) x 5.1m (16'9) Spacious and light:- Kitchen Area: Stylish and modern wall and base units, stainless steel sink/drainer, built-in oven/hob with extractor hood over, space for fridge/freezer, space and plumbing for washing machine, 'wood' effect work surfaces, wood laminate flooring, wall-mounted boiler.
Sitting Room Area: Two double glazed windows, wood laminate flooring, radiator, intercom. Bedroom 1 3.3m (10'10) x 2.8m (9'2) Double glazed window, storage cupboard, fitted carpet, radiator.
Bedroom 2 3.9m (12'10) x 2.7m (8'10) Double glazed window, storage cupboard, fitted carpet, radiator.
Bathroom 1.5m (4'11) x 1.9m (6'3) Spacious and modern with fully-tiled shower cubicle, wash basin, WC, part-tiled walls, tiled flooring, chrome 'ladder-style' heated towel rail.
Lease/Maintenance/Ground Rent Lease: New 125 year lease Maintenance: £500 pa Ground Rent: £50 pa Council Tax Band B Location This lovely apartment is located one minute from the centre of Newhaven with its range of shops, restaurants and fitness centre/indoor swimming pool plus Newhaven Marina is nearby.
Newhaven railway station is approximately a 3 minute walk with trains to Seaford, Lewes, Brighton, Gatwick and London.
Bus routes to Seaford, Eastbourne and Brighton run close by with Brighton Marina and town centre being 20 minutes drive away. Newhaven Marina with regular ferries to France is a 5/10 minute walk away.
This property is ideal for Brighton commuters. EPC. C Investor Landlord: Current market rent achievable: £950 pcm Value may change according to market conditions. Yield calculator available at
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
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FAQ
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