1-bedroom flat · BN21 1DB
For saleReduced £10k (−6.9%) on 26 SepListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brook gamble are pleased to offer to the market this 1 bedroom 4th (top) floor purpose built apartment close to Eastbourne Town Centre.
The apartment enjoys the benefit of a sun balcony from the Lounge and as such enjoys far reaching views toward The South Downs. There is an En-Suite bathroom from the Bedroom.
Further benefits include gas central heating and uPVC as well as residents parking facilities.
Being sold with a share of the freehold, the apartment is located within a short distance of Eastbourne Town Centre and Railway Station.
Offered to the market chain free, viewing is considered essential. Sole Agents. Communal Entrance Communal front door to Communal Entrance Hall. Stairs or lift to 4th floor landing.
Private Entrance Hall Private front door to Entrance Hall; with radiator, entryphone handset, cloaks cupboard with shelving.
Lounge (4.90m x 3.02m (16'1 x 9'11)) Radiator, wall mounted thermostat, UPVC double glazed sliding patio door to Sun Balcony with far reaching views towards The South Downs.
Kitchen (2.59m x 1.57m (8'6 x 5'2)) Single drainer one and a half bowl sink unit with mixer tap and cupboards below.
Further range of base units with working surfaces over incorporating flour ring ceramic hob with cooker hood above and electric oven below.
Wall unit, part tiling to walls, space and plumbing for washing machine, further appliance space, wall mounted gas boiler, UPVC double window to rear.
Bedroom (2.74m x 2.57m (9' x 8'5)) Double radiator, wardrobe cupboard with shelving, UPVC window, sliding door, to En-Suite Bathroom.
En-Suite Bathroom Freestanding roll top clawfoot bath with mixer taps.
Wall mounted shower unit with handheld shower attachment Wash basin, low flush WC, radiator, part tiling to walls, heater, frosted UPVC double glazed window to side, extractor fan.
Outside There are communal gardens as well as residents parking facilities.
Other Information Our vendor advises the following, though we haven't seen a copy of the lease: The property is being sold with a share of the freehold Lease: 999 years from 1968 gr round Rent: N/A Maintenance: ££621 per quarter
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 Flat 18 Farrington Court, 16, Old Orchard Road, Eastbourne
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