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See how verdicts work2-bedroom flat · BN23 5UT
For saleReduced £10k (−4.5%) on 30 SepListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***guide price £220,000 - £240,000*** An excellent opportunity to acquire this well presented two bedroom first floor apartment, enviably situated within the prestigious Canary Quay development at Sovereign Harbour South, enjoying delightful views across the harbour from its private sun balcony.
Offered to the market with no onward chain, this spacious apartment offers well proportioned accommodation throughout.
The property features a generous lounge/dining room with direct access to the sun balcony.
The separate kitchen is well appointed, whilst the principal bedroom benefits from an en-suite shower room, complemented by a second double bedroom and a modern family bathroom.
Further benefits include secure undercroft allocated parking and a lockable bike store, adding to the convenience and practicality of this superb waterside home.
Ideally located within one of Eastbourne's most desirable marina developments, the property is just a short stroll from Sovereign Harbour's wealth of amenities, including an excellent selection of restaurants, cafés, bars and shops, as well as the nearby seafront and picturesque coastal walks.
Combining spacious accommodation, an enviable waterside setting and excellent facilities, this outstanding apartment would make an ideal permanent residence, weekend retreat or investment opportunity.
Entrance Communal entrance with security entry phone system. Stairs to first floor private entrance door to - Hallway Radiator. Entryphone handset. Double cupboard.
Lounge/Dining Room (5.36m x 4.75m (17'7 x 15'7 )) 2 Radiators. Door to kitchen. Double glazed window. Double glazed sliding patio door to - Sun Balcony With views towards the inner harbour.
Fitted Kitchen/Breakfast Room (3.33m x 2.16m (10'11 x 7'1 )) Range of fitted wall and base units. Worktop with inset one & a half bowl single drainer sink unit and mixer tap.
Built-in electric hob and oven under. Extractor cooker hood. Integrated fridge/freezer. Plumbing and space for washing machine. Radiator. Double glazed window.
Bedroom 1 (3.45m x 3.38m (11'4 x 11'1)) Radiator. Built-in wardrobe. Double glazed window. Door to - En-Suite Shower Room/Wc Suite comprising shower cubicle. Low level WC. Pedestal wash hand basin.
Heated towel rail. Extractor fan. Bedroom 2 (3.33m x 2.39m (10'11 x 7'10)) Radiator. Double glazed window.
Modern Bathroom/Wc Suite comprising panelled bath with chrome mixer tap, shower over and shower screen. Low level WC. Wash hand basin set in vanity unit with mixer tap and cupboard under.
Chrome heated towel rail. Part tiled walls. Outside Communal gardens. Parking Allocated undercroft parking space and bike store. Epc = C Council Tax Band = 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
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FAQ
About 26, Canary Quay, Eastbourne
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