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See how verdicts work2-bedroom house · BN8 5EW
Listing removedReduced £25k (−10%) on 23 MarListed 444 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£225,000-£250,000 guide price A wonderful two bedroom retirement flat situated on the first floor of this sought after block.
There is ample parking, lift service and beautifully maintained wrap round grounds.
Offered in excellent order throughout having been recently redecorated and including a modern re-fitted kitchen and white bathroom.
Communal entrance- Entryphone system, stairs and lift service to the first floor. Entrance hall- Entryphone receiver, 2x hall cupboards, side aspect window.
Sitting room- A lovely bright dual aspect room with double glazed sliding patio doors overlooking the communal gardens, side aspect double glazed window, electric heater, door to- kitchen- Recently re-fitted with a range of shaker style fronted cupboards and contrasting laminated worktops, inset sink with adjacent mixer tap, ceramic hob with glass splash panel, eye level double oven, integrated dish washer and tall fridge freezer, double glazed window, matching breakfast bar.
All appliances are electric. Bedroom- A good size double room with rear aspect double glazed window, built-in wardrobe. Bedroom- Side aspect double glazed window, built-in wardrobe.
Bathroom- Fitted white suite comprising a corner shower cubicle with tempered glass doors, pedestal wash hand basin, low level W.C. Tiled walls.
Communal garden – Attractive and well-tended Communal Gardens and Grounds laid primarily to lawns with mature trees, shrubs and plants with a stunning central pond with seating areas and numerous pathways meandering through the extensive grounds and gated access to the village green and church yard.
Parking - There are ample residents' car parking facilities available on a first come first serve basis.
Delves House West is located in the heart of Ringmer adjacent to the village green with all the village amenities within a level walk including a good selection of local shops, post office, hairdressers, parish church, health centre and regular bus services.
The historic county town of Lewes is approximately three miles from Ringmer.
Lewes provides a comprehensive range of amenities and also provides a mainline station offering frequent transport links to the likes of London, Brighton and Eastbourne.
There is also a regular bus service to the local towns, including Lewes, Brighton and Uckfield.
The stop being approx five-minute walk away Age Restricted to 55 years+ Service Charges - £1040.12 per Quarter Tenure – Leasehold 175 years EPC Rating – C Council Tax Band – C For further enquiries or to arrange a viewing, please contact the office on EPC Rating: C
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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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.
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About Flat 10, Delves House West Delves Close, Lewes
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