3-bedroom flat · BN20 7LH
For saleReduced £25k (−6.7%) on 21 JunListed 293 days
Opportunity summary
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About
Enviably situated close to Meads seafront affording glorious far reaching views towards the Downs - A remarkably spacious 3 bedroom apartment featuring a large south westerly facing balcony, a private car parking space and a beautifully established garden arranged to the rear of the development.
Although in need of internal refurbishment, the apartment provides generous and well-proportioned accommodation enhanced with original period features including a private split level entrance hall featuring the original impressive staircase with large leaded light stone mullion window leading to the spacious first floor galleried landing.
The majority of the principal rooms are arranged on the south westerly side comprising fine period rooms with wonderful far reaching views towards the Downs.
The 19' x 13' reception room enjoys direct access onto the adjoining south westerly facing balcony with views over the beautifully established rear gardens.
The 14'10 x 16'4 second bedroom enjoys a bright double aspect with views towards the sea and is currently used as a second reception room.
Offered with no onward chain, an early inspection is most highly recommended by the vendor's sole agent as above. Location.
The property occupies a sought after position within the exclusive area of Meads within a few hundred metres of Meads seafront with its lovely promenade.
Meads Village with its range of local shops and amenities is within a quarter of a mile and the town centre with its comprehensive range of shopping facilities, theatres and mainline railway station is about one mile distant.
Accommodation and Approximate Room Sizes Communal front door with security entry phone system opening into Communal Entrance Hall.
Private front door opening into Impressive Split Level Private Entrance Hall featuring the original period staircase with large feature stone mullion window with leaded lights, rising to the Spacious First Floor Galleried Landing with ceiling cornice, dado rail.
Living Room 19' into wide bay window x 13' (5.79m x 3.96m) enjoying a bright south westerly aspect and far reaching views over the Meads towards the Downs.
Ceiling cornice, picture rail, radiator, TV aerial point.
Glass panelled door opening onto Large South Westerly Racing Balcony enjoying wonderful views over the private gardens and Meads towards the Downs.
Kitchen 12' x 6'4 (3.66m x 1.93m) fitted with a range of built in units comprising inset double drainer stainless steel sink having cupboards and drawers under with worktops above, matching wall cupboards, adjoining shelved larder cupboard, part tiled walls.
Second Reception Room/Bedroom 2 14'10 into wide bay window x 16'4 (4.52m x 4.98m) enjoying a bright double aspect and distant views towards the sea.
Built in shelved store cupboards, three radiators, telephone point. Bedroom 1 19'2 x 16' (5.84m x 4.88m) enjoying far reaching south westerly views over the Meads towards the Downs.
Ceiling cornice, picture rail, two built in shelved store cupboards, radiator. Bedroom 3 14'8 x 8'6 (4.47m x 2.59m) enjoying far reaching south westerly views over the Meads towards the Downs.
Spacious Bathroom fitted with matching suite comprising panelled bath having mixer tap with shower attachment and glazed screen, pedestal wash hand basin, heated towel rail/radiator, fully tiled walls.
Outside In addition to the large south facing balcony, the apartment benefits from a Delightful Private Mature Level Garden arranged to the rear.
The formal gardens arranged to the rear of this substantial property are a delightful feature, and are arranged into four individual quarters, each attached to each apartment within the development.
Lease - To be advised, and includes a share of the Freehold Maintenance - We are verbally advised the current service charge is £1,100 per quarter including communal central heating and hot water and maintenance of the gardens.
There is also a fixed quarterly contribution towards the Reserve Fund. Further information will be available on request. Eastbourne Council Tax Band - C EPC Rating - D
Value & comps
No previous sales on record.
Returns
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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 3 Southover, Staveley Road, Eastbourne
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