2-bedroom flat · BN20 9LR
Sold STCListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A generous two double bedroom, purpose built, ground floor apartment, offered to the market chain free with the added benefit of a garage in a adjacent block.
The accommodation consists of a 20ft bay fronted reception room, a kitchen, a modern shower room and the previously mentioned two bedrooms.
Forming part of this favoured development on the borders of Willingdon Village in a lovely cul-de-sac position and enjoying a fabulous back drop and view towards the South Downs.
The property is also conveniently located for good road and bus routes into central Eastbourne as well local services, amenities and well regarded local schools in the surrounding area.
Mainline rail services can be found from Polegate station, approximately 1.4 miles from the property Detailed ‘key facts for buyers’ are available in the link below Entrust Hunt Frame’s experienced property professionals with the sale of your property, delivering the highest standards of service and communication.
Communal Entrance Communal entrances both to the front and rear aspects, door to the apartment.
Hallway Entryphone system, radiator, doors off to the sitting room, kitchen, both bedrooms and shower room.
Sitting/Dining Room (6.30m x 3.51m (20'8 x 11'6)) Spacious bay fronted reception room, tiled fireplace with hearth and mantle with an inset gas fire, two radiators.
Kitchen (2.69m x 2.11m (8'10 x 6'11)) Range of floor standing and wall mounted units with worktop space, inset sink unit and drainer, tiled splashbacks, space for a freestanding cooker, space for a fridge/freezer, plumbing and space for a washing machine, wall mounted boiler, UPVC double glazed window overlooking the communal rear gardens.
Bedroom 1 (4.90m x 3.02m (16'1 x 9'11)) UPVC double glazed window to the front aspect, radiator. Bedroom 2 (3.38m x 3.02m (11'1 x 9'11)) UPVC double glazed window to the rear aspect, radiator.
Shower Room (2.82m max x 1.78m max (9'3 max x 5'10 max)) Recently updated with a shower cubicle with shower system and glass screen, low level Wc and pedestal wash hand basin, part tiling to walls, mirrored cabinet, radiator, UPVC double glazed window to the rear aspect.
Communal Gardens To the rear of the property. Garage Situated adjacent to the building in a block of Six.
Outgoings Maintenance: Approx £1200 per annum tbc Share of freehold Lease: 999 years from 25/03/1967 - 940 years remaining ground rent: Nil council tax band: B Agents Note By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously.
In line with hmrc guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Coadjute will send a secure link for you to complete the biometric checks electronically.
A fee of £45+ VAT per person will apply for these checks. These anti-money laundering checks must be completed before we can commence marketing or issue a sales memo.
Please contact the office if you have any questions in relation to this.
Disclaimer: Whilst every care has been taken preparing these particulars their accuracy cannot be guaranteed, and you should satisfy yourself as to their correctness.
We have not been able to check outgoings, tenure, or that the services and equipment function properly, nor have we checked any planning or building regulations. They do not form part of any contract.
We recommend that these matters and the title be checked by someone qualified to do so.
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
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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 8 Meachants Court, Meachants Lane, Eastbourne
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