Studio flat · BN20 7AQ
For saleReduced £15k (−11.1%) on 10 SepListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity arises to acquire this third floor studio apartment, located in the highly sought after Lower Meads area of Eastbourne.
The block is served by a passenger lift and the apartment benefits from gas fired central heating, double glazing and has an allocated car parking space.
The property is offered to the market, chain free. EPC=D.
The Accommodation Comprises: Steps rising from road level to communal front door open to communal entrance hall with passenger lift or stairs rising to the third floor level, lift access is also available from the under croft residents parking area.
Front door opening to: Hall Security entry phone, built-in cupboard housing electric meter and shelving, wall mounted cupboard, built in store/cloaks cupboard.
Studio Room (6.05m max x 3.91m max (19'10 max x 12'10 max)) (12'10 max reducing to 7'9) Spacious studio room over looking the communal gardens, two radiators, built-in wardrobe cupboard, door to: Kitchen (2.79m max x 2.16m max (9'2 max x 7'1 max)) (maximum measurements include depth of fitted units) Range of base and wall mounted cupboards, worktops with tiled splash back and inset singe drainer sink unit, Baxi gas fired boiler, space for slot in cooker, outlook to rear over communal gardens.
Bathroom Bath, pedestal wash hand basin, low level wc, part tiled walls, built in cupboard, housing water tank.
Allocated Car Parking Space Bay number 47 located in the communal under croft area of the building which is approached via an electronically operated gate, lift access is available from this level.
Nb We are informed of the following. Term of lease 999 years from 29 September 1976. Service Charge for the current year is £2,599.99. Ground rent Peppercorn.
(All details concerning the terms of lease and outgoings are subject to verification).
Council Tax Band: Council Tax Band - 'A', Eastbourne Borough Council Broadband And Mobile Phone Checker: For broadband and mobile phone information please see the following website: For Clarification: We wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a detailed survey nor tested the services, appliances & specific fittings. Room sizes cannot be relied upon for carpets and furnishings.
Viewing Arrangements: All appointments are to be made through Taylor Engley.
Value & comps
No previous sales on record.
Returns
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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 Flat 47, High View Court, Silverdale Road, Eastbourne
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