2-bedroom flat · BN21 2BU
For saleReduced £5k (−3.3%) on 21 AugListed 383 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide Price £170,000-£180,000*** Being sold chain free, this spacious first floor flat on the borders of Upperton has two bedrooms and a spacious sitting/dining room and a kitchen/breakfast room with integrated and free standing appliances included as seen.
New carpets have been fitted to most areas and further benefits include double glazing and gas fired central heating, again with the boiler having been replaced in recent years.
In addition, there is a basement store room, communal gardens and a garage.
The numerous town centre amenities, mainline railway station and nearby schools can all be found within close walking distance. Entrance Communal entrance with security entry phone system.
Communal hallway with stairs to first floor private entrance door to - Hallway Radiator. Storage cupboard. Airing cupboard. New carpet. Sitting/Dining Room (5.23m x 3.71m (17'2 x 12'2 )) Radiator.
New carpet. Double glazed window to front aspect.
Fitted Kitchen/Breakfast Room (3.51m x 2.77m (11'6 x 9'1 )) Range of units comprising single drainer sink unit with mixer tap, part tiled walls and surrounding worksurfaces with cupboards and drawers under.
Inset 4 ring gas hob and electric oven under. Extractor cooker hood. Space for fridge/freezer. Plumbing and space for washing machine. Range of wall mounted units. Radiator.
Double glazed window to front aspect. Bedroom 1 (4.09m x 3.05m (13'5 x 10'0)) Radiator. New carpet. Double glazed window to rear aspect with far reaching views.
Bedroom 2 (3.02m x 2.36m (9'11 x 7'9 )) Radiator. New carpet. Double glazed window to rear aspect with far reaching views.
Modern Bathroom/Wc Suite comprising panelled bath with shower screen & wall mounted shower. Pedestal wash hand basin with mixer tap. Low level WC. Radiator. Part tiled walls.
Frosted double glazed window. Outside Communal rear garden laid to lawn with trees and shrub borders. Other Details There is also a lower ground floor basement room (No.
4) which is lockable and a store room between Flat 4 & next door which is shared between the two flats. Garage (Next To Bin Store) With up & over door.
Agents Note: The garage is currently let at £100 per calendar month on a week to week contract. Epc = C Council Tax Band = B
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 4, Embassy Court, 31 Lewes Road, Eastbourne
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