1-bedroom flat · BN23 5PU
Listing removedReduced £25k (−15.2%) on 25 MayListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** GUIDE PRICE £140,000 to £160,000*** A well presented one bedroom purpose built flat situated on the fourth floor, offering bright and airy accommodation throughout.
The property features a modern open plan lounge and kitchen, neutrally decorated to create a light, contemporary feel.
Both the lounge and bedroom provide access to a private balcony with attractive Harbour views, perfect for enjoying the coastal setting.
Ideally located in North Harbour close to the sea, this chain free apartment also benefits from an under croft allocated parking space.
An excellent opportunity for first-time buyers, investors or those seeking a home in a sought after waterside location. Entrance - Communal entrance with security entry phone system.
Stairs and lift to fourth floor private entrance door to - Hallway - Electric radiator. Entryphone handset. Cupboard. Open Plan Lounge/Fitted Kitchen - 5.08m x 3.53m (16'8 x 11'7) - 2 Radiators.
Double glazed window and French Doors to sun balcony. Kitchen Area: Range of fitted wall and base units. Worktop with inset one & a half bowl single drainer sink unit and mixer tap.
Inset electric hob and oven under. Extractor cooker hood. Undercounter fridge and washing machine. (Both included). Inset spotlights.
Sun Balcony - 2.36m x 2.18m (7'9 x 7'2 ) - With stunning views over the harbour. Bedroom - 3.78m x 3.20m (12'5 x 10'6) - Electric radiator. Double glazed window and French doors to sun balcony.
Modern Bathroom/Wc - White suite comprising panelled bath with chrome mixer tap, shower over and shower screen. Low level WC. Pedestal wash hand basin with mixer tap. Tiled walls. Extractor fan.
Inset spotlights. Parking - The flat benefits from an undercroft allocated parking space. Epc = C - Council Tax Band = C -
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 Golden Gate Way, Eastbourne
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