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 bungalow · BN23 6UP
For saleReduced £5k (−2.6%) on 8 OctListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £200,000 - £210,000*** An opportunity to acquire this chain free two double bedroom semi detached bungalow, ideally situated in the popular Langney area of Eastbourne.
The property requires complete updating and improvement. Accommodation comprises two good sized double bedrooms, a living room, kitchen and bathroom.
The property currently has no heating system installed and would benefit from full refurbishment, making it an ideal project for investors or buyers looking to create a home to their own specification.
Outside there is a rear garden offering potential for landscaping and improvement, along with residents’ parking facilities nearby.
Conveniently located for local shops, amenities and transport links, this property presents an excellent opportunity for those seeking a renovation project in a well established residential area.
Entrance UPVC front door to - Lounge (4.42m x 4.09m (14'6 x 13'5)) Carpet. Double glazed window to front aspect. Door to hallway.
Folding door to - Fitted Kitchen (2.74m x 1.60m (9'0 x 5'3 )) Range of fitted wall and base units. Space for cooker and fridge/freezer. Plumbing and space for washing machine. Carpet.
Double glazed window to rear aspect. Hallway UPVC door to rear garden. Carpet. Bedroom 1 (3.43m x 2.97m (11'3 x 9'9)) Carpet. Double glazed window to front aspect.
Bedroom 2 (3.05m x 2.64m (10'0 x 8'8 )) Carpet. Built-in cupboard housing fuse board. Double glazed window to rear aspect.
Bathroom/Wc Coloured suite comprising panelled bath with electric wall mounted shower above. Pedestal wash hand basin. Low level WC. Carpet. Double glazed window to rear aspect.
Rear Garden Laid to lawn with shed. Parking There is residents parking to the front. Epc = F Council Tax Band = A
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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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 2, Biscay Avenue, Eastbourne
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