2-bedroom flat · BN23 8LL
Listing removedListed 167 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £160,000 to £170,000 *** Offered for sale chain free is this extremely well presented two bedroom second (top) floor flat situated in the attractive Larkswood development in North Langney.
Being sold with an extended lease term, the property is conveniently located nearby to local schools with the much improved Langney shopping centre also as short walk away.
Further benefits include double glazing, electric night storage heating and an allocated parking space. An internal inspection comes highly recommended. Entrance Communal entrance.
Stairs to second (top) floor private entrance door to – Hallway Night storage heater. Two storage cupboards. Airing cupboard housing hot water cylinder.
Lounge (3.66m x 3.53m (12'0 x 11'7)) Night storage heater. Carpet. Double glazed window to front aspect. Fitted Kitchen (3.02m x 1.63m (9'11 x 5'4 )) Range of fitted wall and base units.
Worktop with inset one and a half bowl single drainer sink unit with mixer tap. Plumbing and space for washing machine. Space for fridge/freezer. Space for electric oven. Built-in extractor hood.
Vinyl flooring. Double glazed window to side aspect. Bedroom 1 (2.72m x 2.51m (8'11 x 8'3 )) Night storage heater. Built-in wardrobe. Double glazed window to front aspect.
Bedroom 2 (2.77m x 1.78m (9'1 x 5'10 )) Night storage heater. Double glazed window to front aspect. Bathroom Suite comprising panelled bath with mixer tap, shower attachment and shower screen.
Pedestal wash hand basin with mixer tap. Low level WC. Electric heated towel rail. Extractor fan. Vinyl flooring. Parking Allocated parking space. Epc = C. Council Tax Band = B.
Value & comps
No previous sales on record.
Returns
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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 9, Pebble House, Broad Oak Close, Eastbourne
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