2-bedroom flat · BN25 1HY
For saleListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor two bedroom flat in this purpose built block which is within close walking distance of Seaford town centre and the beach.
The property would benefit from modernisation and has a southerly aspect balcony.
Council tax band: B Lease: 125 years from 9th October 1973 Service charge: £1,010.26 - For the period 29th March 2025 - 28th September 2025. Communal Entrance Hall Secure entry phone system.
Stairs to upper floors. Communal Landing Door to Flat 10. Hall Built in storage cupboard. Built in cupboard houses the warm air heating system and water tank.
Lounge about 16'9 x 12'0 (5.11m x 3.66m) Door opens to the south facing balcony.
Kitchen about 9'8 x 8'11 (2.95m x 2.72m) Fitted with a range of matching white units comprising wall cupboards and worktops with cupboards and drawers below. Space for cooker.
Inset stainless steel sink and drainer. Space and plumbing for washing machine. Space for fridge. Bedroom One about 12'9 x 11'8 exc door recess (3.89m x 3.56m) Southerly aspect room.
Built in wardrobes. Bedroom Two about 11'2 x 8'11 (3.40m x 2.72m) Built in wardrobe.
Bathroom about 7'3 x 6'3 (2.21m x 1.91m) Fitted with a matching white suite and comprising panelled bath with shower head above, pedestal wash basin and WC. Heated towel rail.
Outside Communal front gardens mainly with areas of lawn. Path leads to the main front door. Communal driveway to the rear of the building with residents parking. Communal grass area.
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
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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 The Steyne, Steyne Road, Seaford, East Sussex, BN25 1HY
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