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See how verdicts work2-bedroom terraced house · BN21 3BL
Listing removedListed 424 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £250,000 - £270,000 *** A rare opportunity to acquire a penthouse apartment, situated on the ninth floor of this popular development, located to the west of Eastbourne`s town centre.
Whilst offering huge potential to improve, this spacious apartment is considered to be in good decorative order and enjoys coastal and Downs views from all principal rooms and each of the three terraces.
The accommodation briefly comprises an open plan living /dining room, with direct sea views, separate kitchen (formerly bedroom three), two double bedrooms and two bath/shower rooms.
There is also a useful store room. The block is served by a passenger lift and there is a secure entry phone system.
Two parking spaces, conveniently situated by the main entrance, are allocated to the apartment. Offered to the market with a share of freehold, long lease and no onward chain.
Entrance Hall Secure entry phone, linen cupboard with shelving and water tank, built-in store cupboard with shelving housing consumer unit and electric meter, door to living room.
Living/Dining Room 5.33m x 4.27m - 17'6” x 14'0” An attractive, dual aspect room, with raised dining area, floor to ceiling window and access to two terraces, each enjoying coastal views.
Kitchen 2.49m x 3.07m - 8'2” x 10'1” Comprises single drainer stainless steel sink unit with mixer tap, work surface with base units below, range of wall mounted cupboards, integrated dishwasher, space and plumbing for washing machine, electric ceramic hob with extractor fan over.
Bedroom 1 2.67m x 4.5m - 8'9” x 14'9” With access to roof terrace, offering views to the South Downs. Bedroom 2 2.97m x 3.53m - 9'9” x 11'7” Second double bedroom.
Bathroom 1.83m x 2.11m - 6'0” x 6'11” Comprising panelled enclosed bath, mixer tap and shower attachment. Pedestal wash hand basin, low level WC.
Shower Room 1.37m x 1.83m - 4'6” x 6'0” Shower cubicle, low level WC, wash hand basin. Store Room 1.19m x 2.74m - 3'11” x 8'12” With range of built-in shelving.
Allocated Parking Space Spaces J & L
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 46 Gannet House, Hartington Place, Eastbourne
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