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See how verdicts work1-bedroom flat · BN20 7NF
For saleListed 280 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ginger & Sanders are pleased to offer a unique opportunity to acquire this spacious ground-floor retirement apartment, ideally located within a prestigious block.
This purpose-built residence is nestled within an attractive retirement development, surrounded by beautifully landscaped communal gardens in the highly sought-after Meads area.
This apartment presents a fantastic chance for the new owner to infuse their personal touch by completing refurbishment works to their own taste and specifications.
Many of the necessary materials for the renovations are already present in the property, ready for the buyer's creative vision.
The layout includes an entrance hall that leads you to a living/dining room, perfect for relaxation or entertaining. The kitchenette offers potential for updating and customisation.
There’s a comfortable bedroom and a well-appointed shower room. The apartment is equipped with an entryphone system for added security, and a warden call system for peace of mind.
Additional features include a lift for convenient access and a variety of communal facilities, ensuring a vibrant community atmosphere.
Location: Fairfield Lodge enjoys a prime position in Meads, conveniently situated within just a quarter of a mile of Meads Village.
Here, you'll find a delightful selection of local shops, essential amenities, and the picturesque seafront at Holywell, ideal for leisurely walks.
The bustling town centre, with its comprehensive shopping options and mainline railway station, is also within half a mile, providing easy access to wider travel connections.
While the flat does require some improvement, properties within this desirable development are always in high demand.
Therefore, we highly recommend scheduling an early viewing to secure your chance at this promising opportunity.
Enjoy community living with an array of communal amenities, including a stylish lounge, laundry facilities, and a guest suite for visiting friends and family.
Don’t miss out on the chance to make this apartment your own!
Lease Information: The lease was renewed on 31st January 2014 for a further 90 years, which extended it to 189 years lease term from 14th March 1987. Currently there are 153 years remaining.
Ground rent: Annual charge of £350.00 paid directly to Fairfield Lodge Limited. Service Charge: Monthly charge of £250.00, which is applicable until 14th March 2026.
This charge includes all water charges, building insurance costs, window cleaning, Carium (formerly Lifeline) emergency assistance pull cords and voice activated alert panel, all communal cleaning, management costs and maintenance, upgrades for the building, gardens and grounds around the estate.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 8, Fairfield Road, Eastbourne
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