1-bedroom flat · BN21 1AF
Sold STCListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £240,000 - £250,000 *** Situated on the first floor of the highly regarded Allingham Lodge retirement development, constructed in 2019 by Churchill Retirement Living, this beautifully presented one bedroom apartment occupies a peaceful rear facing position within the building.
The bright and spacious living/dining room provides an inviting space for everyday living and entertaining, while the contemporary fitted kitchen and generously proportioned double bedroom offer comfortable and practical accommodation throughout.
Designed exclusively for the over 60s, Allingham Lodge offers independent retirement living within a secure and well maintained environment.
Residents can enjoy an exceptional range of facilities and services, including a welcoming owners’ lounge and kitchen hosting regular social events, a dedicated Lodge Manager available five days a week and a 24-hour Careline system for complete peace of mind.
The development also benefits from a friendly community atmosphere and a convenient location close to local amenities, shops and transport links.
Entrance Communal entrance with security entry phone system. Stairs and lift to first floor. Personal front door to- Hallway Security entry phone system. Large cupboard.
Lounge (6.30m x 2.87m (20'8 x 9'5)) Radiator. Feature fireplace. Double glazed door to juliette balcony.
Kitchen (2.26m x 2.06m (7'5 x 6'9)) Range of wall and base units, surrounding laminate worktop with inset single drainer sink unit and mixer tap. Electric hob with extractor above.
Eye level electric oven. Integrated fridge, freezer and washer dryer. Part tiled walls. Double glazed window. Shower Room/Wc Shower cubicle with wall mounted shower.
Low level WC with concealed cistern. Wash hand basin with mixer tap and vanity unit below. Heated towel rail. Bedroom (4.32m x 2.79m (14'2 x 9'2)) Radiator.
Built in wardrobe with mirrored sliding doors. Double glazed window.
Other Details: Residents lounge with kitchen area, private gated car park with residents parking on a first come first served basis, communal enclosed gardens, guest suite, lodge manager available 5 days a week, 24 hour careline system.
Council Tax Band = D Epc = 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
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FAQ
About Flat 25, Allingham Lodge, Southfields Road, Eastbourne
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