We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BN23 5DA
Sold STCReduced £10k (−4.2%) on 26 OctListed 298 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented two bedroom, fourth floor apartment located in Sovereign Harbour North.
This property boasts superb views of the outer harbour and out to sea and also benefits from a contemporary open plan living dining room with a fitted kitchen and integral appliances.
There is a lift to all floors and an allocated parking space. This property is offer to the market CHAIN FREE.
All the amenities of Sovereign Harbour are only a short walk away with the main Harbour offering a wide range of restaurants, bars and cafes.
A little further is The Crumbles Retail Park which offers a range of national brands such as Next, Boots, TK Maxx and a supermarket.
While Eastbourne’s main line station has direct links to London Victoria and Gatwick Airport.
Agent Notes- Successful buyers will be required to complete online identity checks provided by Lifetime Legal.
The cost of these checks is £80.00 plus VAT per purchase which is paid in advance, directly to Lifetime Legal.
This charge verifies your identity in line with our obligations as agreed with HMRC and includes mover protection insurance to protect against the cost of an abortive purchase.
ENTRY Ground floor entrance with security entry system. Communal lobby. Individual locking mail boxes. Stairs & lift to fourth floor ENTRANCE HALL Wooden door with security spyhole.
Large walk-in airing cupboard housing ‘Pulsa Coil' hot water cylinder, corner shelf and electricity distribution box. Water stop cock. Video entry phone. Smoke alarm. ‘Atlantic' wall heater.
Power points. Ceiling downlights. Fitted carpet. LIVING ROOM Full height glazing incorporating French doors to balcony. Superb outer harbour views and sea. Further side windows.
Satellite TV/FM point, telephone points. 2 ‘Atlantic' programmable wall heaters. Power points. Ceiling downlights. Fitted carpet.
BALCONY Sea facing with stunning outer harbour views, and towards the sea. Composite decking. Painted steel and glass balustrade with metal handrail.
KITCHEN/DINER Range of wall and base units incorporating stainless steel sink. Concealed lighting.
Integral appliances comprising Bosch four ring ceramic hob, Neff electric oven Stainless steel extractor hood, Whirlpool washing machine, Electrolux Fridge/freezer, dishwasher. Power points.
Ceiling down lighters. Ceramic tiled floor. BEDROOM ONE Window with harbour views. Triple fitted wardrobes with shelving and hanging space. Further single wardrobe. TV point. Telephone point.
‘Atlantic' programmable wall heater. Power points. Ceiling light. Fitted carpet. ENSUITE Fuly tiled walls. Double shower cubicle with glazed door. Low level WC. Wash hand basin with mixer tap.
Wall mirror. Shaver point. Chrome heated towel rail. Extractor fan. Ceiling downlights. Ceramic tiled floor. BEDROOM TWO Window with harbour views. ‘Atlantic' wall heater. Power points.
Ceiling light. Fitted carpet. FAMILY BATHROOM Fully tiled walls. Panelled bath with mixer tap, hand held shower attachment. Low level WC. Wash hand basin with mixer tap. Wall mirror.
Shaver point. Chrome heated towel rail. Extractor fan. Ceiling down lighting. ALLOCATED PARKING Allocated under cover parking space.
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
FAQ
About Midway Quay, Eastbourne, East Sussex
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