2-bedroom flat · BN21 1SA
Listing removedListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brook Gamble offer to the market this well presented 2 bedroom ground floor apartment in the much sought after Old Town area of Eastbourne.
The property benefits from good sized accommodation with a sun balcony from the living room and both bedrooms boasting fitted wardrobes.
Benefitting from a share of the freehold, further benefits include uPVC double glazing and gas central heating, as well as communal gardens and residents parking.
Well located for popular local shops, the property is being offered to the market chain free. Viewing is strongly recommended. Sole Agents.
Entrance Hall Communal front door opening into Communal Hallway. Private front door opening into L-shaped Entrance Hall; with radiator, store cupboard, linen cupboard with slatted shelving.
Lounge (5.13m x 3.30m (16'10 x 10'10)) Radiator, UPVC double glazed window to rear. UPVC double glazed door opening onto Balcony.
Kitchen (2.74m x 2.36m (9' x 7'9)) Measurements exclude the door recess. Single drainer sink unit. With mixer taps and cupboards below.
Further range of drawers and base units with working surfaces over incorporating four ring ceramic hob with electric oven below.
Integrated microwave, integrated dishwasher, space and plumbing for washing machine, integrated fridge freezer, wall unit, wall mounted gas boiler, tiled walls, UPVC double glazed window to front.
Bedroom 1 (4.14m x 3.30m (13'7 x 10'10)) Measurements include the depth of the mirror fronted built in wardrobe cupboard. Double radiator, UPVC double glazed window to front.
Bedroom 2 (3.81m x3.00m (12'6 x9'10)) Measurements include the depth of the mirror fronted built-in wardrobe cupboard. Double radiator, UPVC double glazed window to rear.
Bathroom Wall mounted shower unit, handheld shower attachment, glazed shower screen, wash basin inset into vanity unit with cupboard below. Mirror fronted vanity unit with lighting, heated towel rail.
Cloakroom Low flush suite, wash basin, part tiling to walls. Outside There are communal lawned gardens surrounding the flats and residents parking facilities.
Other Information The vendor advises the following, although we have not seen a copy of the lease: The flat is being sold with a share of the freehold.
Lease: Approximately 978 years remaining (999 from 2006) Ground Rent: £0 Maintenance: £1161.36pa
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
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FAQ
About 17, Shortdean Place, Eastbourne
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