2-bedroom flat · BN21 4PB
For saleReduced £5k (−2.2%) on 12 AugListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented two bedroom ground floor apartment, forming part of this attractive development enviably situated in Eastbourne's West town centre.
The flat is within comfortable walking distance of the theatres, mainline railway station and seafront.
Having undergone much improvement the flat benefits from a luxury refitted kitchen and bathroom, two double bedrooms, wonderful bay windowed lounge, replacement electric radiators and lawned communal gardens.
The flat is being sold chain free, with a share of the freehold and an internal inspection comes very highly recommended. Entrance Private entrance door to - Hallway Electric radiator.
Built-in cupboard housing hot water cylinder and plumbing & space for washing machine and further built-in cupboard. Bay Windowed Lounge (5.16m x 3.84m (16'11 x 12'7 )) Electric radiator.
Inset spotlights. Television point. Bay windowed lounge to front aspect. Open Plan Fitted Kitchen (2.59m x 1.96m (8'6 x 6'5 )) Range of fitted high gloss wall and base units.
Worktop with inset stainless steel sink bowl with mixer tap. Built-in electric hob and oven. Stainless steel and glass extractor cooker hood.
Integrated fridge/freezer, dishwasher and built-in microwave. Inset spotlights. Double glazed window. Bedroom 1 (3.84m x 3.51m (12'7 x 11'6 )) Electric radiator.
Secondary glazed sash windows to rear aspect over looking the private and communal gardens. Bedroom 2 (3.53m x 2.57m (11'7 x 8'5)) Electric radiator.
Secondary glazed sash windows to rear aspect over looking the private and communal gardens.
Modern Luxury Bathroom/Wc White suite comprising panelled bath with chrome mixer tap, shower screen and shower over. Low level WC.
Vanity unit with inset wash hand basin, chrome mixer tap and drawers below. Tiled floor. Marble effect panelled walls. Chrome heated towel rail. Extractor fan. Inset spotlights.
Fitted mirror with light. Outside The flat has lawned communal gardens. Epc = F Council Tax Band = B
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
Agent & docs
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FAQ
About Flat 1, 9a, Spencer Road, Eastbourne
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