1-bedroom house · BN21 3UW
Listing removedListed 216 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide Price £75,000 - £77,500*** Neutrally decorated and ready to move into, this deceptively spacious larger design one bedroom retirement apartment is located in the sought after Upperton area of Eastbourne, ideally positioned close to the town centre and railway station.
Situated on the second floor with lift access, the well proportioned accommodation comprises a bright living room, refitted kitchen, double bedroom with built in wardrobe and a fitted shower room/WC.
The property is offered CHAIN FREE, making it an ideal, hassle free purchase.
Residents benefit from a range of communal facilities including a lounge, laundry room and beautifully maintained gardens, as well as a guest suite available for overnight stays (subject to charge).
Additional features include residents’ parking (first come, first served), a house manager and a pull cord careline system for added peace of mind.
This well maintained development is perfectly placed for easy access to local shops and amenities. Entrance - Communal entrance with security entry phone system.
Stairs and lift to second floor private entrance door to - Hallway - Cupboard. Entryphone handset. Lounge - 5.74m x 3.15m (18'10 x 10'4 ) - Night storage heater. Double glazed window to rear aspect.
Fitted Kitchen - 2.24m x 1.63m (7'4 x 5'4 ) - Range of fitted wall and base units. Worktop with inset single drainer sink unit and mixer tap. Inset electric hob.
Eye level combination microwave & oven. Space for fridge/freezer (included). Bedroom - 4.19m x 2.62m (13'9 x 8'7 ) - Electric radiator. Built-in wardrobe. Double glazed window to rear aspect.
Modern Shower Room/Wc - Suite comprising shower cubicle. Low level WC. Wash hand basin set in vanity unit with mixer tap and cupboard under. Extractor fan.
Other Details - Homelatch House benefits from beautiful lawned communal gardens with patio area, residents lounge & laundry room and residents parking facilities on a first come first served basis.
Epc = B - 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
FAQ
About St. Leonards Road, Eastbourne
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