1-bedroom flat · BN21 3HQ
For saleReduced £10k (−8%) on 8 OctListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Eastbourne town centre, a one bedroom, first floor converted flat enjoying easy access to the seafront and Beacon shopping centre.
Comprising lounge, separate kitchen, bedroom and bathroom. Currently let on an AST. Lease 125 years from July 2004 Maintenance £820 P.A. Insurance: £145 P.A. Ground Rent: £150 P.A.
Communal Front Door With security entry phone. Leading to: Entrance Hall Security entry phone. Door to airing cupboard. Lounge 16' 5" narrowing to 13' x 11' (5.00m narrowing to 3.96m x3.43m).
Wall mounted electric radiator. Television point. Large bay window to front. Door to: Bedroom 11' x 8' 7" (3.35m x 2.62m). Wall mounted electric radiator. Window to rear.
Kitchen 9' x 7' 4" (2.74m x 2.24m). In a range of cream fronted eye and base level units and drawers with complimentary worksurfaces.
Insert stainless steel sink and single drainer unit with mixer tap and tiled splash backs. Built-in stainless steel oven and four ring electric hob with extractor hood above.
Space and plumbing for washing machine. Space for upright fridge-freezer. Bathroom In a white suite comprising panelled bath with mixer tap and shower attachment.
Vanity wash hand basin with cupboards below. Low-level WC. Part tiled walls. Heated chrome towel ladder. Extractor fan. Council Tax: Band A EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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 4A, 49, Pevensey Road, Eastbourne
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