2-bedroom flat · BN25 1QD
Sold STCListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to acquire this two bedroom apartment located in the popular south east corner of Seaford.
The property boasts good sized accommodation, with a good sized living area benefiting from a balcony with views towards the sea and Seaford Head.
The two bedrooms both feature built-in storage while being suitable for double beds. Complete with a kitchen, shower room and separate WC.
Steyne Close also provides well-maintained communal gardens tucked behind established shrubs for privacy.
Ideally located just a short walk to Seaford seafront, less than half a mile to Seaford town centre, with schools situated nearby.
The property provides convenience for everyday living as well as pleasure.
In readiness for completion of sale our vendor is currently arranging for an additional 90 years extension on top of the current lease that has 76 years remaining.
Available with no onward chain and vacant possession. Accomodation - ENTRANCE HALL Two storage cupboards. Parquet flooring throughout. Radiator LIVING ROOM Parquet flooring.
Double glazed patio sliding door to a balcony, which benefits from views towards the direction of the sea. A further double glazed window to the front. Two radiators.
KITCHEN Range of wall and base units. Space for appliances such as cooker, washing machine and fridge/freezer. Worcester gas fired boiler. Built in storage cupboard/pantry.
Double glazed window to the side. SHOWER ROOM Raised corner shower tray with glass screen surround. Wall mounted shower. Base vanity unit with Integrated sink. Electric heated towel rail.
Wall mounted vanity mirror and storage. Fully tiled walls. Obscure glass window. SEPARATE WC WC. Part tiled splash back. Obscure glass window. BEDROOM ONE Fitted wardrobes with vanity station.
Parquet flooring. Double glazed window. Radiator. BEDROOM TWO Parquet flooring. Built in wardrobes. Double glazed window. Radiator.
LEASE DETAILS In readiness for completion of sale, the vendor is currently arranging for an additional 90 years extension on top of the existing 76 year remaining lease.
Outside - Steyne Close provides well-maintained communal gardens tucked behind established shrubs for privacy.
Disclaimer - Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built in furniture.
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.
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About Crooked Lane, Seaford
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