We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom detached house · BN10 8HX
For saleReduced £10.1k (−2.9%) on 26 OctListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO CHAIN! Situated in a sought-after residential area, this detached three-bedroom converted bungalow presents an excellent opportunity for buyers looking to create their ideal home.
Requiring modernisation throughout, the property offers well proportioned accommodation and fantastic potential to improve, extend (subject to the necessary consents) and personalise.
The position is second to none, just a short walk will take you to the south coast road with its regular bus service between Brighton and Eastbourne, local shops and schools.
Furthermore the cliff top promenade, access to the beach, doctors surgery and other amenities are also close by.
As you approach the property, the well kept front garden adds a visual kerb appeal whilst being a potential area for off road parking.
A side loggia / conservatory runs the depth of the property and is a useful welcome entrance.
Access leads directly into the lounge - a beautiful room with a character bay window and space for all your soft furnishings featuring a brick surround gas fire.
The kitchen is fitted with a range wall and base units and complementing working surface.
Further features include; a breakfast bar area, space for white goods, part tiles walls and quarry tiled floor, 1 1/2 inset sink drainer with window overlooking rear garden and door to side loggia.
The internal hall provides access to the main bedroom situated at the front of the property, the white suite shower room and dining area featuring stairs to first floor.
A further bedroom is situated at the rear of the property.
All rooms have ample space for free standing furniture Moreover and completing the accommodation, the first floor is home to a generous bedroom with useful eaves storage.
Externally, the rear garden is a fantastic size and offers a wide range of scope to personalise.
Current features include; mature stocked borders, large lawn covering, pond and surround rockery, storage shed, outside tap and side access. Viewings Advised
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 Horsham Avenue, Peacehaven
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