1-bedroom flat · BN27 3AW
Listing removedListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 11 sits in landscaped communal grounds, a short walk from the town centre, with its three supermarkets (Waitrose, Tesco and Asda), the High Street shops and the restored Pavilion cinema and theatre.
The Cuckoo Trail runs through the town too: a surfaced former railway line that follows eleven miles of woodland and open countryside between Polegate and Heathfield, much loved by walkers and cyclists.
The South Downs and the Sussex coast at Eastbourne are both a leisurely drive, and Polegate station, three or four miles away, runs direct trains to London Victoria in about an hour and twenty minutes.
Hailsham is a proper East Sussex market town. It was recorded in the Domesday Book, granted its market charter in 1252, and still holds its markets today.
The maisonette has its own front door, reached from the pathway by a few steps with a handrail, and the accommodation is all on one level.
The entrance hall holds two built-in cupboards, and a separate walk-in store off it has space and plumbing for a washing machine, shelving, a hanging rail and the meters, so storage is generous for a home this size.
The living room has a bow window to the front, and the fitted kitchen looks out over the communal grounds to the rear, with a four-ring hob, an electric oven beneath and room for a slimline dishwasher.
Hot water and central heating come from a gas boiler in the kitchen, and the flat is double-glazed.
The double bedroom has built-in wardrobes and a fitted dressing table with drawers, so much of the storage is already built in.
The bathroom, also to the rear, has a white suite: a WC, wash basin and a bath with a pair of central folding shower panels. Outside, Flat 11 forms part of a well-kept development of similar homes.
The communal grounds are laid mainly to lawn, with established trees and planting, a fenced drying area and bin compounds, reached via a private road to a residents' car park.
One resident's parking permit is available from the managing agent.
The development is owned and run by the residents themselves through their own company, which is a large part of why it is kept as it is. Available now and offered unfurnished.
The head lease for the building does not permit pets. Take the tour first, arrange a viewing second - no sign-up, just click the link. Ready to see it in person?
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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
We're still gathering serviced-accommodation data for this area.
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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 Summer Court, Summerfields Avenue, Hailsham
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