1-bedroom flat · BN21 2EN
Sold STCReduced £2k (−1.3%) on 16 AugListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented one bedroom 4th floor apartment forming part of this purpose built development.
Situated at the rear of the property with views over the lawned communal gardens the flat benefits from a refitted kitchen & bathroom, double bedroom and double aspect lounge with patio doors onto the sun balcony.
With double glazing, electric heating and a share of the freehold, an internal inspection comes highly recommended. Entrance Communal entrance with security entry phone system.
Stairs and lift to fourth floor private entrance door to - Hallway Electric radiator. Entryphone handset. Airing cupboard. Storage cupboard. Newly laid carpet.
Double Aspect Lounge (4.45m x 3.33m (14'7 x 10'11)) 2 new electric radiators. Newly laid carpet. Double glazed window to side aspect. Double glazed doors to rear facing balcony.
Fitted Kitchen (2.51m x 2.18m (8'3 x 7'2 )) Range of fitted wall and base units. Worktop with inset single drainer sink unit and mixer tap. Inset electric hob, electric oven and extractor cooker hood.
Integrated fridge, dishwasher and washing machine. Double glazed window to side aspect. Bedroom (3.89m x 3.18m (12'9 x 10'5 )) New electric radiator. Newly laid carpet.
Double glazed window to rear aspect. Modern Bathroom/Wc Suite comprising panelled ‘P’ shaped bath with shower over. Low level WC. Wash hand basin. Extractor fan. Heated towel rail.
Parking The flat benefits from residents parking facilities. Epc = D Council Tax Band = B
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
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FAQ
About 15, Elmwood, Arundel Road, Eastbourne
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