2-bedroom flat · BN9 9HL
Sold STCListed 155 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor flat with its own private garden in a block of only 4 flats, situated in a popular residential area within a 5 minute walk from the bus stop on Brighton Road.
The spacious accommodation has a large living room, open-plan kitchen, two bedrooms and a modern bathroom. Gas central heating and UPVC double glazing. Low outgoings. No Chain.
Communal Entrance Entryphone system Ground Floor Entrance Hall Living Room 5.88m (19'4") x 3.41m (11'2") Window to the side, patio door leading to the garden, open plan to: Kitchen 3.41m (11'2") x 1.77m (5'10") Fitted with a range of wall and base cabinets with laminate worktops over, inset single drainer sink unit, space and plumbing for washing machine, cooker space.
Window to the side.
Bedroom 1 4.57m (15') max x 2.74m (9') Window to the rear Bedroom 2 4.57m (15') x 1.98m (6'6") Window to the rear Bathroom Fitted with a white suite, panelled bath with mixer tap and shower attachment, newly installed bathroom furniture with toilet and concealed cistern, inset hand basin with mirror over and illuminated pelmet.
Cupboard housing wall mounted combination gas boiler supplying heating and hot water, window to the front. Outside Rear garden New rear fence and gate, a blank canvass to create your dream garden.
Lease and Maintenance Lease 100 year lease from 27 March 2006 to 31st May 2106 Ground Rent £10 per annum Maintenance 25% of the overall cost.
2024-2025 £347.51 2025 -2026 TBA Council Tax Lewes-Eastbourne Council Tax Band B EPC rating Band C (C72)
Value & comps
No previous sales on record.
Returns
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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 Rectory Close, Newhaven, East Sussex, BN9
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