2-bedroom flat · BN7 2LN
For saleListed 22 days
Opportunity summary
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About
Tenure: Leasehold £325,000 - £350,000 guide price A great opportunity to purchase this wonderful two-bedroom first floor flat located in the heart of Lewes’ historic High Street, within easy reach of shops, cafes and local amenities.
The property boasts a bright front aspect sitting room with feature fireplace, modern fitted kitchen, two double bedrooms, both boasting fitted wardrobes and a modern family bathroom.
Accommodation entrance hall- Front door to hallway with doors to principal rooms sitting room- A super room, measuring an impressive 17’7ft x 14ft, with a front bay window consisting of three sashes overlooking the historic high street and flooding the room with natural light.
Cast iron feature fireplace with marble mantel bedroom- A bright double bedroom with side aspect window, built in wardrobes and cupboards providing ample storage bathroom- Fitted white suite comprising a panel enclosed bath with shower over, tiled walls and glass screen, wash hand basin set in a vanity cupboard, wc with concealed unit, chrome heated towel rail and obscured window kitchen- Fitted with an extensive range of flush fronted wall and base cupboards with complementing work surfaces, sink and adjacent mixer tap and side window above.
4 burner ceramic with integrated cooker hood above and oven below and further integrated appliances bedroom- A good size double room with side aspect sash windows filling the space with natural light, built in wardrobes and cast-iron feature fireplace Fantastically situated at just an 8-minute walk (source Google Maps) from Lewes mainline railway station, which offers regular direct services to London, Brighton and Gatwick.
Within striking distance from Waitrose, the Depot Cinema and restaurant, Grange Gardens, a selection of excellent independent and state junior and secondary schools, and a leisure centre with gym and swimming pool.
Lewes is proud to host a number of sports and leisure clubs including rugby, football, cricket, tennis, stoolball, and golf to name few.
Lewes is home to many historic buildings such as Lewes Castle, The Priory Ruins and the Anne of Cleves House, all of which are within walking distance of the front door.
Leasehold with approximately 118 years remaining Service Charge- approximately £2,300 per annum Ground Rent - £250 per annum EPC Band- D Council Tax Band- C
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 20a High Street, Lewes
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