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See how verdicts work3-bedroom flat · BN20 7NN
Listing removedListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious three bedroom ground floor flat within a charming period building which is set in well maintained walled gardens located within the heart of the ever popular Meads area of Eastbourne and just a stone's throw from Meads high street.
This delightful property boasts an abundance of character and original features with all the principal rooms and private veranda overlooking the attractive gardens.
Accommodation comprises communal entrance hall, private rear entrance hall, sitting/dining room, modern kitchen with range of matching wall and base units, three good size bedrooms, a shower room and wc plus an additional separate wc.
The property comes with a share in the freehold and the remainder of a 999 year lease. There is the additional benefit of gas central heating.
Stony Down is set within well kept private gardens and is located within walking distance of Meads seafront, Beachy Head and South Downs National Park.
There are leisure facilities close by with a health & fitness centre, swimming pool, tennis club and bowling club all within walking distance with Eastbourne town centre and train station approximately a mile away.
Communal entrance hall private entrance hall sitting / dining room - 19'2" (5.84m) Max x 10'9" (3.28m) with floor to ceiling windows kitchen - 13'4" (4.06m) x 6'3" (1.91m) with direct rear access bedroom 1 - 16'9" (5.11m) Max x 15'9" (4.8m) with fitted wardrobes bedroom 2 / snug - 13'7" (4.14m) x 12'0" (3.66m) bedroom 3 - 9'7" (2.92m) x 7'4" (2.24m) shower room/WC separate WC outside: well maintained communal gardens with private shed lease: Remainder of 999 years.
Maintenance: £3,300 per year.
(Share of Freehold) ground rent: Nil pets: Not allowed letting: Not allowed council tax: Band 'C' EPC: 'D' (All details concerning the terms of the Lease and outgoings are subject to verification) Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Flat 1 Stony Down, Milnthorpe Road, Eastbourne
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