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See how verdicts work3-bedroom flat · BN9 9LP
For saleListed 17 daysAuction 26 Nov · in 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale by Auction on the 26th of November 2026 Guide Price £125,000+ A generously proportioned three-bedroom top-floor apartment with immediate vacant possession, ideally positioned in the heart of Newhaven and offering an exciting opportunity for modernisation and improvement.
The property provides well-balanced and versatile accommodation throughout.
The spacious lounge and kitchen form the heart of the home, with the living room enjoying stunning views across the South Downs.
Large windows allow an abundance of natural light to fill the space, creating a bright and welcoming atmosphere.
All three bedrooms are generously sized double bedrooms, offering excellent proportions and versatility.
The spacious bathroom also benefits from plenty of natural light, adding to the sense of space throughout the apartment.
In need of complete modernisation, the property offers significant scope for improvement and potential redevelopment, making it an attractive proposition for investors seeking a buy-to-let or value-add opportunity.
Equally, the generous proportions, desirable top-floor position and blank-canvas nature of the accommodation make it an exciting prospect for an owner-occupier looking to create a home tailored to their own style and requirements.
Combining substantial accommodation, far-reaching South Downs views and considerable potential, this is an excellent opportunity for those looking to add value in a well-established and convenient Newhaven location.
The property also benefits from a new 125-year lease, which will be granted upon completion.
CASH BUYERS ONLY Please note fees are payable in respect of the sale of this property, please refer to Auctioneer for details.
Please be aware that we are relying on the information provided by our client, please refer to the legal pack to satisfy all enquires.
ALL MEASUREMENTS AND FLOORPLANS ARE APPROXIMATE, FOR ILLUSTRATION PURPOSES ONLY AND ARE NOT TO BE RELIED UPON.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Meeching Place, Newhaven
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