1-bedroom flat · BN23 5PT
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Reid & Dean are pleased to bring to the market this impressive one bedroom second floor flat set in the ever popular North Harbour of Eastbourne.
This impressive flat offers a modern style of living and has a modern open plan kitchen with appliances and a reception room that has doors opening to a great balcony overlooking the inner harbour.
The double bedroom is a good size with access also to the balcony whilst the bathroom is a modern suite with shower over the bath.
The hallway to the flat is large enough to fit a table as well which could be hand for setting up for a computer area. Easy access to the Harbours bars, restaurants and facilities.
Availabe end of August. 1 weeks rent of £213.00 as a holding deposit 5 weeks rent of £1148.00 as a security deposit.
Communal Entrance Communal door opens to hallway with stairs or passenger lift available to the second floor.
Entrance Door opens to wood effect flooring, storage cupboard, door entry phone system Open Plan Reception / Kitchen 3.61m x 5.23m - 11'10” x 17'2” Reception room with carpeted flooring, electric panel heater, double glazed doors opening to balcony Kitchen With a range of wall and base units, Built in electric oven & hob with extractor over, fridge freezer, washing machine Balcony Accessed via the reception room & bedroom, with wood flooring, room for seating area and relaxing views across the inner harbour and the Downs.
Bedroom 3.25m x 3.96m - 10'8” x 12'12” With carpeted flooring, wardrobe, electric panel heater and double glazed doors that open to the balcony with views.
Bathroom Modern bathroom suite with wash hand basin, bath with shower over and w.c. Black floor tiles, electric panel heater
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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
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FAQ
About 8 Pacific Heights North, Eastbourne
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