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See how verdicts work1-bedroom flat · BN20 7BJ
No longer listedReduced £5k (−3.2%) on 21 AugListed 166 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and spacious one bedroom second floor apartment with a garage, forming part of an attractive period conversion in the highly sought after Lower Meads area.
Offered to the market chain free, the property enjoys generously proportioned accommodation with an abundance of natural light throughout.
While the apartment would benefit from some updating, it presents an excellent opportunity to create a stylish home in one of Eastbourne’s most desirable and prestigious residential locations.
Further benefits include a private garage, a particularly valuable feature in this central setting, and the charm and kerb appeal of a handsome converted building.
Lower Meads is renowned for its elegant surroundings and enviable convenience, with the seafront and town centre both within a comfortable and level walk.
The theatres, international tennis courts and an excellent selection of chic restaurants are also close at hand, making this a superb opportunity for owner-occupiers and investors alike.
Entrance Communal entrance with security entry phone system. Stairs to second floor private entrance door to - Hallway Radiator. Cupboard. Lounge (5.84m x 5.11m (19'2 x 16'9 )) Radiator.
Feature fireplace. Sash windows to front & said aspects. Fitted Kitchen (2.82m x 2.16m (9'3 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 gas hob and electric oven under. Extractor cooker hood. Plumbing and space for washing machine.
Space for fridge/freezer. Radiator. Sash window to front aspect. Bedroom (5.23m x 3.51m (17'2 x 11'6 )) Radiator. Built-in wardrobe. 2 Sash windows to front aspect.
Bathroom/Wc White suite comprising panelled bath with chrome mixer tap. Low level WC. Pedestal wash hand basin with mixer tap. Heated towel rail. Extractor fan. Parking Garage with up & over door.
Epc = E Council Tax Band = B
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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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
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FAQ
About Flat 3a, 7, Grassington Road, Eastbourne
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