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See how verdicts work2-bedroom flat · BN23 5BH
For saleListed 58 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Phil Hall Estate Agents brings to the market this well-presented two bedroom, two bathroom first floor purpose-built apartment, enviably positioned within the popular North Harbour area of Eastbourne.
Offering spacious accommodation throughout, the property enjoys a private balcony with delightful sea views, an impressive master bedroom with ensuite, and secure gated allocated parking, making this an excellent choice for those looking to enjoy coastal living close to the harbour and seafront.
Upon entering the building via the secure entry phone system, stairs lead to the first floor landing.
Leading into the flat, you are welcomed into a spacious entrance hall which provides access to each of the rooms and benefits from a useful built-in storage cupboard.
The spacious living room/dining room, offering plenty of room for both comfortable seating and a dining table and chairs.
From here, doors open directly onto the private balcony, providing the perfect spot to sit back, relax and enjoy the delightful views towards the sea.
The fitted kitchen offers a good range of wall-mounted and matching base units complemented by work surfaces.
The kitchen comes complete with a built-in oven, hob with extractor hood over, integrated dishwasher, fridge and freezer, together with allocated space for a washing machine.
The apartment boasts two well-proportioned bedrooms, with the impressive master bedroom being particularly generous in size.
The master bedroom enjoys its own access onto the private balcony, which sweeps around and connects with the living room, as well as benefiting from a private ensuite shower room.
Bedroom two is positioned to the front of the property and features an attractive Juliet-style balcony.
A particularly useful feature is the bedroom's private door leading directly into the main bathroom, effectively creating ensuite access.
The bathroom is fitted with a panel-enclosed bath, WC and wash hand basin with a separate door back into the entrance hall.
Location, Location, Location Eugene Way is situated within the popular North Harbour area of Eastbourne, offering an attractive coastal lifestyle with the seafront and Sovereign Harbour close at hand.
The harbour provides an excellent selection of restaurants, cafés and bars, together with a variety of shops and everyday amenities at the nearby Sovereign Harbour Retail Park.
For those who enjoy the outdoors, the property is ideally placed for scenic walks along the waterfront, harbour and seafront, with the beaches of Eastbourne also within easy reach.
There are good road links providing convenient access into Eastbourne town centre, as well as towards Pevensey, Bexhill and surrounding areas.
Eastbourne town centre offers a wider range of shopping and leisure facilities together with a mainline railway station providing services towards Brighton, Gatwick Airport and London.
Communal Entrance Stairs lead to the first floor landing Private Entrance Hall Living Room/Dining Room (5.03m x 3.28m (16'06 x 10'09)) Kitchen (3.76m x 2.11m (12'04 x 6'11)) Bedroom One (4.72m x 2.74m (15'06 x 9'00)) Ensuite Shower Room (2.51m x 1.55m (8'03 x 5'01)) Bedroom Two (3.07m x 2.72m (10'01 x 8'11)) Bathroom (2.72m x 1.88m (8'11 x 6'02)) Outside Outside, the property continues to impress with an allocated parking space situated behind a secure gated entrance.
The location is another major attraction, with Eastbourne's picturesque seafront and the wide variety of shops, restaurants, cafés and leisure facilities available around Sovereign Harbour all within easy reach.
Lease Information We have been advised that the property is leasehold and that there is approx 101 years remaining on the lease, service charge is £2,264.68 per annum, and the ground rent is £140.00 per annum.
The agent has not had sight of confirmation documents and therefore the buyer is advised to obtain verification from their solicitor or surveyor.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
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FAQ
About Flat 10, 27 Eugene Way, Eastbourne
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