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 work2-bedroom house · BN21 4FA
Listing removedReduced £10k (−3%) on 15 AugListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Clarendons are delighted to introduce Lathom House which is a unique development of stylish apartments, created from a grand terrace of classical Grade II listed 19th Century townhouses.
First built in 1874, these elegant Victorian stucco fronted houses command an imposing position with views across the lawned gardens of Howard Square to the promenade and sea beyond.
This immaculately presented two bedroom apartment is set on the second floor of this impressive period building.
Offering a spacious open plan reception room, a modern open plan kitchen with appliances and seating, whilst the two bedrooms are of generous proportions, both with en suites.
Viewing by appointment is highly recommended to appreciate this wonderful home by the sea. 999 Year lease as of the 1st January 2017.
The Vendor has informed us that there is no ground rent and that the service charge is £3000 per annum. With Share of Freehold.
Entrance Hall Accessed via the communal entrance, via the communal stairs to the second floor.
Opening to the hallway with wooden flooring, cupboard that houses a space for a washing machine and tumble dryer.
Open Plan Living Room Impressive open plan reception room with double aspect windows overlooking the lawned gardens of Howard Square.
Open Plan Kitchen Modern open plan kitchen with built in appliances including Bosch dishwasher, built in oven and hob, microwave and fridge freezer. With seating area.
Bedroom 2 With carpeted flooring, rear aspect window, door to: En Suite Shower Room Modern en suite shower room with wash hand basin and W.C.
Bedroom 1 With carpeted flooring, front aspect window, built in ward robes and storage, door to: En Suite Luxury en suite bathroom with separate shower cubicle, wash hand basin and W.C.
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 14, Lathom House, 21 Compton Street, Eastbourne
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