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See how verdicts work2-bedroom flat · BN25 1EA
For saleListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious two bedroom ground floor flat in this purpose built block conveniently located for Morrisons and all other town centre amenities.
The flat has recently been redecorated throughout to include new carpets. LEASE: 999 years from 24th June 1971. We have not had an opportunity to inspect the lease.
Our client informs us that the residents own the freehold between them. The ground rent is not collected.
The service charge is currently £1,616 per annum, there is also a payment of £784 per annum which goes into a reserve fund.
Council tax band: C Communal Entrance Hall Stairs and lift to upper floors. Door to flat 19.
Store cupboards to the side of the front door, lower cupboard with space for rubbish bin and upper cupboard housing the electric meter and space for storage.
Hall Lounge/Dining Room about 17'10 x 16'8 (5.4m x 5.1m) Dual aspect room with electric heaters. Store cupboard.
Kitchen about 10'1 x 7'11 (3.1m x 2.4m) Fitted with a range of matching units and comprising wall cupboards and worktops with cupboards and drawers below.
Inset electric hob with extractor hood above and electric oven below. Inset stainless steel sink and drainer. Space and plumbing for washing machine. Space for fridge freezer. Tiled floor.
South facing window. Bedroom One about 13'10 x 12'1 (4.2m x 3.7m) Fitted wardrobe. Electric heater. Bedroom Two about 10'10 x 10'5 (3.3m x 3.2m) Fitted wardrobe. Electric heater.
Bathroom Fitted with a matching, modern white suite comprising panelled bath with electric Aqualisa shower unit above, wash basin and WC. Heated chrome towel rail. Tiled floor.
Airing cupboard houses the water tanks. Outside The flat comes with an allocated parking space.
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 Dane Heights, Dane Close, Seaford, East Sussex, BN25 1EA
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