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See how verdicts work2-bedroom flat · BN8 5EW
For saleReduced £15k (−6.3%) on 21 JunListed 377 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This first floor, 2 bedroom retirement apartment is within a beautiful Grade II listed building in central Ringmer opposite the village green.
With three residential blocks to choose from, this is the central building and features all that is good about life at Delves House.
Many residents choose the main building as they have easy access to the communal sitting room and sun patio, where many residents tend to congregate during the day for local activities and socialising.
This apartment occupies a sought after location, with the double aspect sitting room overlooking the gardens and particularly the duck pond.
There is a large master bedroom as well as an adapted bathroom. The heating has been updated with modern storage heaters which are remote controlled and there is a kitchen with lots of storage.
There is a communal stairlift and parking for guests and residents.
The apartment is presently being prepared for sale, early viewings are strongly recommended as these apartments rarely become available.
No chain Ringmer Village is a sought-after place to live for many reasons.
It is just outside the County Town of Lewes and offers far more space for families to live and work without the cramped feel sometimes experienced in Town.
It is the perfect balance between work and home life.
The cricket club play on The Green most weekends in the summer months and the newly developed County League Football Club are now at their new home during the Winter.
There is a great bowls club, Library, Surgery and a vibrant parade of shops with a Bakers, Butchers, General Store, Cafe, Fish and Chip shop whom serve the local community.
Lewes has a wider range of shops, bars and cafes as well as Waitrose and Tesco and a small retail industrial estate.
There is a mainline railway station with regular services to London Victoria in about 1 hour away, with Brighton being about 20 minutes away.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Flat 32, Delves House,, Delves Close, Lewes
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