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See how verdicts work2-bedroom flat · BN25 1DP
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS AND LIGHT 2 BEDROOM APARTMENT WITH STUNNING VIEWS OF SEAFORD BAY TOWARDS NEWHAVEN HARBOUR.
Premier Sales are delighted to be marketing this exceptionally spacious and bright 2 bedroom apartment located just off the town centre and within a 2 minute walk from shops, restaurants and Seaford's beautiful and unspolit seafront as well as transport links to Lewes, Brighton, Eastbourne, Gatwick Airport and London.
Located on the second floor, this charming property also benefits from large a sitting/dining room with views of the sea, kitchen/breakfast room, 2 double bedrooms and a modern shower room plus garage/communal parking, double glazing throughout, gas central heating and a long lease with share of freehold.
Offered with VACANT POSSESSION. Viewing is highly recommended. EPC - C Communal Hallway Intercom, internal access to communal gardens, parking and garage (No.3) at rear. Stairs to second floor.
Flat 3 benefits from its own private hall/landing (with meter and storage cupboards). Entrance Hall Spacious entrance hall with 2 strorage cupboads, fitted carpet, smoke alarm.
Sitting Room/Dining Room 6.8m (22'4) x 3.6m (11'10) Stunnng sitting room/dining room. Large double glazed bay window with views of Seaford Bay towards Newhaven Harbour.
Two further double glazed windows to side, fitted carpet, 2, radiators.
Opening leading to:- Kitchen/Breakfast Room 3.1m (10'2) x 3m (9'10) Range of wall and base units with sink/drainer, full-height, built-in larder cupboard, two double glazed windows to side and front, Glow-Worm boiler, radiator, hatch to sitting room.
Space for fridge/freezer, space for washing machine, space for oven, wood laminted flooring. Bedroom 1 4.3m (14'1) x 3.7m (12'2) Spacious double bedroom.
Double glazed window with sea views, built-in fitted wardrobes, fitted carpet, radiator. Bedroom 2 3.3m (10'10) x 3.1m (10'2) Double bedroom with double glazed window, fitted carpet, radiator.
Shower Room 3.1m (10'2) x 1.5m (4'11) Stylish and modern shower room comprising fully-tiled shower cubicle, wash basin and WC set into vanity unit, frosted double glazed window, chrome heated towel rail, part-tiled walls, vinyl flooring.
Parking Communal parking available at the rear of the property and operated on a 'first-come, first-served' basis. Ample on-road parkng also available.
Garage Located in block at rear of property (garage No.7).
Council Tax Band C Lease/Maintenance/Ground Rent Lease: 999 years from 21st November 1962 Maintenance: £3,050 pa (more information on application) Managing Agent: Wishtower Managing Agents, Eastbourne Investor Landlord: Current market rent achievable: £1,200 pcm Value may change according to market conditions.
Yield calculator available at
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Richmond House, Richmond Road, Seaford, BN25
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