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See how verdicts work2-bedroom flat · TN39 4FR
For saleReduced £10.5k (−13%) on 20 OctListed 188 days
Opportunity summary
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About
This modern home is offered through a shared ownership scheme in partnership with Heylo, with the advertised price representing a 35% share of the full market value.
Situated on the first floor of a purpose-built block, this spacious apartment forms part of the highly regarded Rosewood Park development in Little Common, West Bexhill.
Accessed via a well-maintained communal entrance with stairs leading to the first floor, the property offers bright and well-proportioned accommodation throughout.
The impressive reception room provides ample space for both living and dining areas, with double doors opening onto a west-facing balcony, perfect for enjoying alfresco dining.
The kitchen is open plan with the reception room is fitted with modern wall and base units, an integrated oven and hob, dishwasher, fridge/freezer and washing machine.
The apartment features two generous double bedrooms, including a master bedroom with an en-suite shower room.
A contemporary family bathroom, a large storage cupboard, and an allocated parking space further enhance the practicality of this home.
A 35% share is available for £80,500 (full market value £230,000), presenting an excellent opportunity for buyers to step onto the property ladder in a desirable location. What is Shared Ownership?
Shared ownership allows buyers to purchase a percentage of a property while paying rent on the remaining share, which is retained by the landlord.
Over time, buyers have the option to increase their ownership stake, a process known as “staircasing” up to full ownership.
As additional shares are purchased, the rent payable decreases proportionally. Please note, the leaseholder is responsible for 100% of the ground rent and service charge.
Lease & Maintenance Information Rent to Heylo - £459.76 per month Lease Management Fee - £27.48 per month Service Charge - £157.12 per month total monthly charges £644.36.
Location Situated on the popular Rosewood Park development in a private position on outskirts of the sought-after Village of Little Common.
The village offers a range of independently owned 'Day-to-Day' shops, Doctors' surgery, Dentist, and a Tesco Express.
You will find regular Bus services into Bexhill, Hastings & Eastbourne and Cooden Beach train station is just 1.5 miles away with regular services into Hastings Eastbourne, Brighton, Gatwick, and London Victoria.
The closest Primary School Is Little Common Primary School currently rated as 'Outstanding' on the latest Ofsted report.
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 12 Brooklands House, Brooklands Road, Bexhill-on-Sea
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