1-bedroom flat · BN22 7DJ
For saleReduced £5k (−4%) on 15 SepListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Offers Over £125,000*** A well maintained one bedroom ground floor purpose built flat, offered with the benefit of an extended lease of approximately 170 years and low service charges of just under £100 per month.
The property is currently let at £825 per month to a tenant who keeps the flat in excellent condition, making it an attractive investment opportunity, although it could equally suit a first time buyer or owner occupier.
The accommodation comprises a good sized living room, separate fitted kitchen, double bedroom and bathroom, with the additional benefit of a lockable external storage cupboard.
Situated within easy reach of Eastbourne seafront, beach, bus routes and town centre, the property is offered chain free. Entrance Communal entrance with security entry phone system.
Ground floor private entrance door to - Hallway 2 cupboards. Bay Windowed Lounge (4.55m x 3.05m (14'11 x 10'0 )) Electric fireplace. Double glazed window to side aspect.
Inner Hallway Fitted Kitchen (3.05m x 2.34m (10'0 x 7'8 )) Range of fitted wall and base units. Worktop with inset single drainer sink unit and mixer tap.
Plumbing and space for washing machine, fridge/freezer and cooker. Double glazed window to side aspect. Bedroom (4.09m x 3.10m (13'5 x 10'2 )) Electric radiator. Airing cupboard.
Double glazed window to side aspect. Bathroom/Wc White suite comprising panelled bath with chrome mixer tap, shower over and shower screen. Low level WC. Pedestal wash hand basin with mixer tap.
Electric radiator. Frosted double glazed window. Other Details Lockable external storage cupboard. Epc = E Council Tax Band = A
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
Agent & docs
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FAQ
About 5, Norfolk Court, Redoubt Road, Eastbourne
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