3-bedroom flat · BN21 4DG
For saleReduced £20k (−5%) on 25 SepListed 529 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning three-bedroom third-floor apartment, ideally located on Eastbourne's iconic Grand Parade, right on the seafront.
Enjoying breathtaking coastal views and direct access to the promenade, this modern home is within walking distance of Eastbourne's theatres, shops, bars, and restaurants.
Built in 2005 by the renowned Berkeley Homes, the property offers an excellent blend of comfort and convenience.
The spacious layout includes an inviting entrance hall, a bright and airy living room with access to a private balcony which provides the perfect space to unwind while soaking in the picturesque sea views.
There is a contemporary kitchen/breakfast room fitted with a range of matching wall & base units, work tops, integrated appliances and ample space for dining room table & chairs.
The apartment boasts three bedrooms, including a generous master with a luxury en-suite shower room, as well as a beautifully appointed family bathroom.
Additional features include a secure underground parking and the convenience of a lift in the building.
This property would make an ideal purchase for people downsizing and wanting the convenience of amenities on the door step and the indulgence of living by the sea.
In accordance with the 1979 Estate Agents Act, we are obliged to declare that the owner of this property related to an employee of Freeman Forman Estate Agents.
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 Flat 50, Devonshire Mansions, 54, Grand Parade, East Sussex
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