2-bedroom flat · BN21 4BE
To rentReduced £100 (−7.3%) on 24 SepListed 303 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in a prime position in Eastbourne, just set back from the sea, this two bedroom, is located within yards of the theatre complex at Devonshire Parks and a short walk from the bandstand, wish tower and Eastbourne town centre.
Numerous fantastic restaurants, cafes and bars are within very close proximity. The purpose built flat in the Park Gates development is in such a great west central location.
The rooms are large and light and and have lovely views over the attractive communal gardens.
The reception room offers ample space for a sitting and dining area, and both bedrooms are very spacious doubles. There is a fitted kitchen, bathroom and a separate w/c.
Off street parking is available on a first come first serve basis.
EPC rating = C Lounge/Diner - 16'11" (5.16m) x 10'4" (3.15m) Spacious reception room with large window overlooking the attractive communal gardens.
Bedroom One - 15'5" (4.7m) x 11'1" (3.38m) Large double bedroom, window with views on communal gardens, built in wardrobes, Bedroom Two - 16'4" (4.98m) x 11'8" (3.56m) Another large double bedroom with built in wardrobes and views to the side over gardens.
Kitchen - 12'3" (3.73m) x 6'0" (1.83m) The kitchen is fitted with a range of wall and floor mounted cupboards and a full range of integrated appliances. There is also a rubbish chute!
Bathroom Tiled floor and walls. Bath with overhead shower. Window to rear. WC Separate toilet.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 18, Park Gates, Chiswick Place, Eastbourne
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