Modern Method of Auction
Auction date not yet published
1-bedroom flat · TN21 8DR
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**CHAIN FREE** An ideal opportunity to acquire a purpose built ground floor one bedroom flat in sought after modern block of only five other flats, with share of freehold, offering greater security and long-term investment appeal.
The apartments are reserved solely for owner occupiers, helping to sustain a peaceful and appropriately maintained setting.
The property is situated a convenient distance from Heathfield High Street and its amenities and offers deceptively spacious accommodation being one of the largest apartments in the building, with the added benefit of a garage en bloc to the rear.
Comprising: Communal entrance hall, private entrance hall, generous sitting/dining room, kitchen, bedroom with built in wardrobe and bathroom.
Located just moments from central Heathfield and its wealth of amenities.
There is no shortage of supermarkets, eateries, collectables shops, grocers and butchers along with the essential pharmacy, doctors surgery and dentist.
Easy access to the well-known Cuckoo Trail allows for countryside walks between Heathfield and Eastbourne along the former railway line. The area is well served with schooling for all age groups.
Train stations at both Buxted and Stonegate are approximately 6 miles distant, both providing a service of trains to London.
The Spa town of Royal Tunbridge Wells with its excellent shopping, leisure and grammar schools is around 16 miles distant with the larger coastal towns of both Brighton and Eastbourne being reached within approximately 45 and 35 minutes drive respectively.
Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
AUCTIONEER COMMENTS: This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties' personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
FAQ
About Shelley Park, Station Road, Heathfield, East Sussex, TN21
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