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 flat · BN10 8LU
For saleReduced £14.9k (−6.2%) on 1 OctListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity .............This is a unique chance for an investor to take advantage of this rare opportunity to acquire the freehold of the entire building, which is being sold with addition of a substantial top floor freehold flat.
This spacious two-bedroom apartment is in excellent order throughout, ensuring a comfortable and inviting living space.
The large reception room is bathed in natural light, offering a perfect setting for relaxation or entertaining guests.
The well-appointed kitchen and bathroom further enhance the apartment's appeal, making it a delightful home.
One of the standout features of this property is the breathtaking sea views that can be enjoyed from the apartment.
Imagine waking up to the soothing sounds of the ocean and the picturesque scenery that the south side of the coast road offers.
Additionally, the property is conveniently located near the Bastian steps, providing easy access to the beach for those who enjoy coastal walks or seaside activities.
For added convenience, the apartment includes a garage, providing secure parking and extra storage space.
This property is not just a home; it is a lifestyle choice, offering the perfect blend of comfort, convenience, and coastal charm. This is a prime investment opportunity that is not to be missed.
Communal Entrance Hallway Stairs to Top Floor Apartment Entrance Hallway Dual Aspect Living Room (5.62 x 4.01 (18'5" x 13'1")) Kitchen/Breakfast Room (7.60 x 2.75 (24'11" x 9'0")) Bedroom One (5.48 x 2.84 (17'11" x 9'3")) Bedroom Two (3.27 x 2.63 (10'8" x 8'7")) Bathroom (2.42 x 1.90 (7'11" x 6'2")) Garage
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 5, Steyning Avenue, Peacehaven
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