Modern Method of Auction
Auction date not yet published
1-bedroom flat · BN23 5RB
Sold STCReduced £35k (−31.8%) on 27 SepListed 81 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Coastal Retreat with Real Character – Sovereign Harbour South Your Move is delighted to bring to market this immaculately presented one-bedroom apartment, set on the first floor and sold with a Share of Freehold, in one of Eastbourne's most sought-after harbourside settings.
Positioned along a peaceful cul-de-sac and only a short walk from the water's edge, this home combines effortless coastal living with genuine everyday practicality.
Inside, you'll find a thoughtfully laid out interior that includes a contemporary fitted kitchen, a smartly finished bathroom, and neutral décor that's ready for immediate occupation.
The apartment also benefits from a video entry system and its own designated parking space, and is offered with no onward chain.
Beyond the front door, Sovereign Harbour continues to be one of the town's real lifestyle draws.
The Waterfront development sits just moments away, home to an excellent mix of dining options spanning Italian, Thai, Indian and traditional fish and chips – ideal for evenings out without needing the car.
For everyday shopping, Crumbles Retail Park is close by, while Eastbourne's town centre, complete with its theatres and mainline rail links, is a short drive from your doorstep.
And for quieter moments, the harbourside walkways offer a genuinely lovely setting to stretch your legs, watch the boats, and enjoy the coastal air.
Sold as seen via the modern method of auction, with no chain to hold things up. EPC rating C.
To find out more or arrange a viewing, get in touch with Your Move Eastbourne.This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
Services may be recommended by the Agent/auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £500 inc. VAT.
These services are optional.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. QEA260237/8
Value & comps
No previous sales on record.
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23, Hudson Close, East Sussex
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