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See how verdicts work3-bedroom flat · BN21 4PA
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular Lower Mead area, this well-presented three-bedroom ground floor garden flat offers spacious and versatile accommodation, ideally positioned within easy reach of the town centre and seafront.
The property comprises a welcoming entrance hall, a modern fitted kitchen, and a generous living room featuring a bay window and useful built-in storage.
The principal bedroom benefits from a private en-suite bathroom, while the two further double bedrooms each enjoy their own en-suite shower room, making the property particularly well suited to families, guests, or those seeking additional privacy.
Externally, the property boasts a large private garden, providing an excellent space for outdoor entertaining and relaxation, together with access to off-road parking.
Further benefits include a long lease, double glazing throughout, and gas central heating.
An excellent opportunity to acquire a spacious and well-appointed home in a convenient location close to local amenities, transport links, the town centre, and the seafront.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Flat 1, Spencer Lodge, 10, Spencer Road, East Sussex
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