We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · BN24 5NL
Listing removedListed 89 daysAuction 20 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 117 for sale by auction on 20/08/2026 To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Comprising Reception Room, Kitchen, Two Bedrooms, Bathroom/WC Gia Approximately 59.5 sq m (640 sq ft) Off Street Parking Front and Rear Gardens Well located for the amenities of Eastbourne Pevensey Levels National Nature Reserve is nearby Key Locations The property is situated on the north side of Pelham Close The shops and amenities of Eastbourne are to the south Pevensey & Westham (Southern) station is approximately 0.2 miles north The A27 is to the north Pevensey Levels National Nature Reserve is nearby Viewings The property will be open for viewing on Thursday 6th August, Monday 10th August, Thursday 13th August and Monday 17th August between 9:00 - 9:30 a.m.
These are open viewing times with no need to register. If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.
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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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 1b, Pelham Close, Pevensey
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