1-bedroom house · BN20 7NF
For saleListed 674 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to purchase this SPAICOUS ONE BEDROOMED THIRD FLOOR RETIREMENT APARTMENT, located in this favoured Meads development.
Situated in the favoured Fairfield Lodge development, this retirement apartment is located in the extension of the period property and has accommodation accessible via a lift and comprises lounge/dining room, re-fitted kitchen, re-fitted shower room and a double bedroom.
Communal facilities area available on-site and include a residents lounge, laundry room, off road parking and communal gardens, which are considered to be a feature of the property with the newly designated sitting area.
EPC=C. The Accommodation - Comprises: Communal front door opening to: Communal Entrance Hall - Security entry phone system, lift and stairs to all floors.
Third Floor Landing - Private front door opening to: Private Entrance Hall - Slimline electric heater, store cupboard with fuse board, additional storage cupboard with sealed pre lagged immersion tank with immersion switch.
Living Room - 5.38m x 3.23m (17'8 x 10'7) - Upvc windows to side with views over the communal garden towards the car park, night storage heater, television point, Lifeline pull cord, LED up lighters, coved ceiling.
Kitchen - 2.39m x 2.11m (7'10 x 6'11) - Recently re-fitted with a range of matching eye and base level units with complimentary rolled edge moulded work top surfaces, inset single drainer stainless steel sink unit with mixer tap, plumbing for washing machine, integrated fridge, space for separate freezer, stainless steel oven with four burner electric hob with extractor above, coved ceiling, upvc window to side.
Double Bedroom - 4.45m x 2.54m (14'7 x 8'4) - Upvc windows to side overlooking communal gardens, night storage heater, telephone point, television point, coved ceiling, Lifeline pull cord.
Shower Room/Wc - 2.24m x 1.55m (7'4 x 5'1) - White suite comprising double shower cubicle, pedestal wash hand basin with extractor, part tiled walls, Lifeline pull cord.
Communal Facilities - Include residents lounge, laundry room and a guest bedroom (at an additional nightly charge).
Communal Gardens - The property sits within attractive grounds being predominately laid to lawn with a mature selection of shrubs and trees, There is a raised patio sitting area immediately adjacent to the communal lounge with a further sitting area recently constructed to the rear of the lawned communal gardens, adjacent to the visitor parking.
Residents Parking - To the front of the development and further visitor parking to the rear N.B - We are informed by the vendor that the lease was extended in 2014 to 189 years from 25 March 1987 We are further advised by our clients that service charges are currently £300.00 per month for the period up until 15 March 2025 with an annual ground rent of £350.00 EPC AND FLOORPLAN BEING CARRIED OUT ON WEDNESDAY 18/12/24 WE WILL UPLOAD THE REPORT AS SOON AS WE RECIEVE IT (All details concerning the terms of the lease and outgoings are subject to verification).
Council Tax Band: - Council Tax Band - 'B' Eastbourne Borough Council.
Broadband And Mobile Phone Checker: - For broadband and mobile phone information please see the following website: For Clarification: - We wish to inform prospective purchasers that we have prepared these sales particulars as a general guide.
We have not carried out a detailed survey nor tested the services, appliances & specific fittings. Room sizes cannot be relied upon for carpets and furnishings.
Viewing Arrangements: - All appointments are to be made through TAYLOR ENGLEY.
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 advisors 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 Fairfield Road, Eastbourne
Explore nearby