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See how verdicts work2-bedroom flat · BN22 9HN
For saleListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PARK LANE PROPERTIES are pleased to offer this well presented two double bedroom second floor flat in a popular residential location.
The property can be found in Hampden Park within walking distance of local shops and Hampden Park railway station.
THE PROPERTY CAN BE SOLD AS AN INVESTMENT WITH THE CURRENT TENANT REMINING IN SITUATION OR WITH VACANT POSSESSION.
THEREFORE, IT IS CONSIDERED IDEAL AS AN INVESTMENT OPPORTUINITY OR FOR A PROSPECTIVE FIRST TIME BUYER.
The current long-term tenant, who is keen to remain in occupation, is paying £925 per month giving a gross yield of 7.28% against the marketed sale price.
Rooms Hallway With storage cupboard and door to rear of property with small balcony where waste chute is to be found.
Door to: - Lounge 4.57m x 3.66m (15ft x 12ft) Entry phone handset to communal ground floor access door. A good-sized room with carpets, gas central heating. Wall papered walls. TV points.
Door opening to Kitchen, Door to Inner hallway and front facing Double glazed window and door to Balcony (12' x 3') with safety railings and satellite dish.
Vertical blinds to both window and balcony door. Kitchen 3.51m x 2.74m (11ft 6in x 9ft) Well fitted and good size kitchen. Ceramic tiled flooring. Matching fitted wall and base units.
Free standing double oven Electric Cooker and extractor above. Spaces/plumbing for Washing/Drying Machine.
Access to separate area where the Wall mounted Boiler supplying heating and hot water can be found. Double glazed window to rear. Inner Hallway Carpeted.
Accessed via Lounge there is a very large storage cupboard and doors/access to both bedrooms, bathroom and wc. Bathroom & Separate WC Modern bathroom.
White bath with overhead shower and shower screen. White Handbasin cabinet. Part tiled walls around bath/shower and part of other walls. Ceramic tiled flooring. Radiator. Double Glazed opaque window.
Separate toilet. Ceramic tiled flooring. Double Glazed opaque window. Bedroom 1 3.66m x 3.35m (12ft x 11ft) Good sized double bedroom with carpeted flooring. Feature wallpaper to 2 walls. Radiator.
Vertical blinds to UPVC Double glazed windows. matching the carpet colour.
Bedroom 2 3.05m x 2.74m (10ft x 9ft) Double bedroom with small built in storage cupboard with shelves and further cupboard with hanging space. Carpeted flooring. Radiator.
Double Glazed window to the rear with a roller blind.
Rear Storage/Shed There is a useful storage shed in a block to the rear of the property which is locked for safety and security and accessed via the rear door of the building.
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 Midhurst Road, Eastbourne, East Sussex, BN22
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