2-bedroom flat · BN21 2LY
For saleReduced £15k (−7.7%) on 21 JunListed 204 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious two bedroom top floor apartment forming part of this well maintained purpose built development in the sought after Upperton area.
Enjoying an elevated position with ample natural light, the property boasts superb views towards the South Downs, along with a generous living room featuring an attractive box bay window, a fitted kitchen and a modern bathroom.
Further benefits include a garage en bloc to the rear, a private allocated parking space and a share of freehold with the remainder of a 999 year lease.
The building is well managed and also set to benefit from a brand new roof, for which funds have been allocated.
Offered to the market chain free, this property presents an excellent opportunity for a smooth and straightforward purchase. Entrance Communal entrance with security entry phone system.
Stairs to second floor private entrance door to- L-Shaped Hallway Radiator. 2 cupboards. Entryphone handset. Lounge (5.11m x 3.91m (16'9 x 12'10 )) Radiator.
Double glazed box bay window to rear aspect. Fitted Kitchen (3.23m x 1.70m (10'7 x 5'7 )) Range of fitted wall and base units. Worktop with inset single drainer sink unit and mixer tap.
Inset electric hob and oven under. Plumbing and space for washing machine. Space for fridge/freezer. Double glazed window to rear aspect. Bedroom 1 (3.02m x 2.82m (9'11 x 9'3 )) Radiator.
Fitted wardrobe. Double glazed window to side aspect. Bedroom 2 (3.00m x 1.88m (9'10 x 6'2 )) Radiator. Double glazed window to side aspect.
Modern Bathroom/Wc Suite comprising panelled ‘P’ bath with chrome mixer tap, shower over and shower screen. Low level WC. Wash hand basin with mixer tap. Extractor fan.
Parking The flat has a garage (No. 2) with up & over door. Council Tax Band = B
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.
Area
Agent & docs
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FAQ
About 11, Steeple Grange, 5 Mill Road, Eastbourne
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