2-bedroom terraced house · BN20 8AZ
For saleReduced £15k (−4.6%) on 12 SepListed 107 days
Opportunity summary
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About
An exciting opportunity to acquire this charming two bedroom period terraced home, situated in the heart of Eastbourne's highly desirable Old Town, offering an abundance of character and superb potential for a purchaser to modernise and create a home tailored to their own taste and style.
The well proportioned accommodation comprises a welcoming lounge, separate dining room, kitchen and family bathroom, whilst externally the property benefits from a private courtyard garden, providing an ideal space for relaxing or entertaining.
Perfectly positioned, the property is within easy walking distance of Eastbourne's mainline railway station, an excellent selection of independent shops, cafés and restaurants, together with highly regarded local schools.
The beautiful Gildredge Park and Manor Gardens are also close by, offering picturesque walks, tennis courts, tranquil ponds and the charming Italian pergola.
Offered to the market with no onward chain, this delightful period home presents an exceptional opportunity for first time buyers, investors or those seeking to create a wonderful home in one of Eastbourne's most sought after residential locations.
Entrance Double glazed entrance door to - Hallway Radiator. Bay Windowed Lounge (4.09m x 3.35m (13'5 x 11'0 )) Radiator. Feature fireplace. Double glazed bay window.
Dining Room (3.33m x 3.30m (10'11 x 10'10)) Radiator. Double glazed window to rear aspect. Door to - Fitted Kitchen (2.87m x 2.77m (9'5 x 9'1 )) Range of fitted wall and base units.
Worktop with inset one & a half bowl single drainer sink unit and mixer tap. Built-in gas hob and electric oven. Plumbing and space for appliances. Built-in cupboard.
Double glazed window to rear aspect. Double glazed door to rear garden. Stairs From Ground To First Floor Landing: Loft access (not inspected). Bedroom 1 (4.32m x 3.28m (14'2 x 10'9 )) Radiator.
Cupboard. 2 Double glazed windows to front aspect. Bedroom 2 (3.30m x 2.51m (10'10 x 8'3 )) Radiator. Double glazed window to rear aspect.
Modern Bathroom/Wc Suite comprising panelled bath with chrome mixer tap and hand held shower attachment. Low level WC. Wash hand basin. Wall mounted boiler. Radiator.
2 built-in cupboards, 1 housing water cylinder. Frosted double glazed window. Outside Rear Garden: Courtyard garden with rear access. Brick store cupboard (previously WC).
Front Garden: Small area of paving. Epc = D Council Tax Band = C
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 18, Greys Road, Eastbourne
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