2-bedroom house · BN20 7HD
For saleListed 631 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SITUATED IN THE SOUGHT AFTER LOWER MEADS AREA OF EASTBOURNE AND OFFERED WITH NO ONWARD CHAIN - A TWO BEDROOM SECOND FLOOR APARTMENT FORMING PART OF THIS IMPRESSIVE RETIREMENT DEVELOPMENT CONSTRUCTED BY MCCARTHY AND STONE.
This two bedroom second floor apartment which forms part of an impressive retirement development, has generous accommodation comprising entrance hall, sitting/dining room, kitchen, two double bedrooms, shower room/wc, electric storage heating.
Colonel Stevens Court has an extensive area of residents parking and sits within well maintained communal gardens.
Further benefits include a resident's lounge, communal laundry room and on site House Manager.
COMPRISING COMMUNAL RECEPTION HALL, ON SITE HOUSE MANAGER, 22'9 x 10'7 SITTING/DINING ROOM, KITCHEN, 2 DOUBLE BEDROOMS, SHOWER ROOM/WC, WELL MAINTAINED COMMUNAL GARDENS, RESIDENTS PARKING, RESIDENTS LOUNGE RESIDENTS LAUNDRY FACILITY, ELECTRIC STORAGE HEATING, REPLACEMENT SEALED UNIT DOUBLE GLAZING, VISITOR GUEST SUITE, NO ONWARD CHAIN LOCATION Colonel Stevens Court is situated in the sought after Lower Meads district of Eastbourne with a variety of shops that can be found locally within Meads Village and being within one mile of Eastbourne town centre with its comprehensive shopping and leisure facilities.
ACCOMMODATION AND APPROXIMATE ROOM SIZES COMMUNAL ENTRANCE VESTIBULE with security entry phone system into RECEPTION HALL House Manager's office, stairs and lift to SECOND FLOOR. Personal door to 41.
ENTRANCE HALL wall mounted security entry phone system/lifeline, walk-in airing cupboard with hot water cylinder and slatted shelving, further built in storage cupboard, electric wall heater.
SITTING/DINING ROOM 22'9 x 10'7 (6.93m x 3.23m) double glazed windows to front elevation.
Faux fireplace with ornate white wood surround and stone inset and hearth, electric storage heater, lifeline pull cord.
Double doors into KITCHEN 7'6 x 6'4 (2.29m x 1.93m) double glazed window to front elevation. Fitted in a range of modern eye and base level units with rolled edge work surfaces and tiled splashbacks.
Inset four ring electric hob with fitted extractor above and built in double oven beneath, one and half bowl stainless steel sink and drainer with mixer tap, lifeline pull cord.
BEDROOM 1 15'8 max x 9'3 max (4.78m x 2.82m) double glazed window to front elevation, fitted triple wardrobe with hanging and shelf space, electric storage heater, lifeline pull cord.
BEDROOM 2 (irregular shape) 15'8 max x 9'2 max (4.78m x 2.79m) double glazed window to front elevation, electric storage heater, lifeline pull cord.
SHOWER ROOM/WC opaque double glazed window to side elevation.
Floor to ceiling tiled walls, vanity unit to one wall with inset wash hand basin with mixer tap, low flush wc, range of cupboards and fitted mirror.
Walk-in glazed/tiled shower cubicle with integrated polished chrome shower unit, lifeline pull cord. GENEROUSLY PROPORTIONED RESIDENTS LOUNGE with kitchen area located on the ground floor.
RESIDENTS LAUNDRY ROOM located on the ground floor. OUTSIDE Colonel Stevens Court provides well maintained communal gardens with the benefit of generous resident's parking spaces.
LEASE - 125 years from 1996. MAINTENANCE - £4,556 per annum. GROUND RENT - £471 per annum. Managing Agents - First Port NB - Minimum age requirement for this development is 60.
EASTBOURNE COUNCIL TAX BAND - D EPC RATING - C
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 advisors 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 Granville Road, Eastbourne
Explore nearby