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See how verdicts work1-bedroom flat · BN27 1BH
Listing removedListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented, one bedroom, first floor manager assisted retirement flat (for the over 60's), located just behind the pharmacy and health centre and within walking distance of Waitrose and Hailsham's town centre.
This chain free property enjoys an outlook to front with far reaching views. The flat benefits from double glazed windows with custom made blinds and electric heating.
Garrett Court provides a lift to all floors, parking, well maintained communal grounds, a communal lounge, laundry and visitors suite.
A new PulsaCoil electric hot water system was installed in January 2024. EPC = B Communal Entrance Hall Stairs or lift to first floor landing.
Door to: Entrance Hall Large walk-in storage cupboard housing the PulsaCoil electric hot water system (installed in January 2024) and fitted shelving. Pull cord alarm, wood effect flooring.
Living Room (6.27m x 3.25m max (20'7 x 10'8 max)) Feature fireplace surround with electric fire, two night storage heaters, emergency pull cord, double glazed window with fitted blind and enjoying far reaching views.
Double doors to: Kitchen (2.39m x 2.29m max (7'10 x 7'6 max)) Fitted with a range of built-in cupboards and drawers, eye level AEG oven, AEG ceramic hob with extractor hood over, work surfaces, integral fridge and freezer, sink unit, double glazed window with fitted blind and outlook to front.
Fitted electric wall heater, emergency pull cord.
Bedroom (4.60m x 2.79m max (15'1 x 9'2 max)) Double glazed window with fitted blind and outlook to front, night storage heater, wall mounted television, mirror fronted built-in wardrobe cupboard, emergency pull cord.
Shower Room Suite comprising low level wc, large walk-in shower cubicle, washbasin with cupboards below, heated towel rail, extractor fan, Dimplex wall heater, further towel rail, mirror with light over.
Communal Facilities Laundry Room, guest suite, parking and gardens. Please Note The lease is 125 years from the 1st of October 2006.
We have been advised the half yearly ground rent from the 1st of March the 31st of August 2026 is £212.50.
The half yearly service charge for the period 1st of September 2025 to the 28th of February 2026 is £1873.50. (All details concerning the terms of the lease and outgoings are to be verified).
Broadband And Mobile Phone Checker: For broadband and mobile phone information please see the following website: Council Tax Band: Council Tax Band B.
For Clarification: We wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a detailed survey nor tested the services, appliances & specific fittings. Room sizes cannot be relied upon for carpets and furnishings.
Viewing Arrangements: All appointments are to be made through Taylor Engley.
Value & comps
No previous sales on record.
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 asking
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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 Flat 12, Garrett Court, Vicarage Lane, Hailsham
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