3-bedroom semi-detached house · BN24 5QP
Listing removedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market on a Shared Ownership basis, this brand new three-bedroom semi-detached home, built by Persimmon Homes, provides an excellent opportunity to get on the property ladder in a highly desirable South Coast location.
The asking price is £121,500 for a 30% share, based on a full market value of £405,000.
Known as The Dallington, the property opens into a welcoming entrance hallway leading through to a bright and well-proportioned living room, enjoying plenty of natural light to the front of the home.
To the rear, a modern kitchen/dining room is fitted with contemporary units and an integrated oven, hob and extractor, creating a practical and sociable living space.
French doors open directly onto a private rear garden and patio, which benefits from a north-east facing aspect, ideal for enjoying the morning sun.
A ground floor WC completes the accommodation on this level.
To the first floor, the property offers three good-sized bedrooms, a modern family bathroom, and a useful built-in storage cupboard on the landing.
Further benefits include fitted carpets throughout, two private off-road parking spaces, and the added reassurance of a 10-year NHBC warranty (PEA available on request).
The property forms part of the popular Mill Cross development, a collection of energy-efficient homes perfectly positioned to enjoy countryside walks, coastal views and easy access to Eastbourne’s seafront.
The village itself offers local shops, a welcoming pub, nearby healthcare facilities, and well-regarded schooling including Stone Cross Primary School.
Excellent transport links are available via regular bus services, Pevensey & Westham and Hampden Park train stations, with direct routes to Brighton and London, while the A27 and A22 provide convenient road connections.
An £4,000 incentive is available on all remaining plots, subject to availability and terms and conditions, with an Open Day taking place on 31st January.
An early viewing is highly recommended to appreciate both the home and its superb setting close to the coast.
Situation Shared ownership Disclaimer Shared Ownership offers an affordable route to home-ownership for those who may not be able to buy on the open market.
With this flexible scheme, you can purchase a share of a new home—typically between 40% and 75%—and pay a reduced rent on the remaining portion.
This means you’ll only need a mortgage for the share you are buying, helping to lower both your upfront costs and monthly payments.
Over time, you have the option to increase your ownership share through a process known as "staircasing," potentially leading to full ownership of your home.
Whether you're a first-time buyer or looking for a more manageable way to own a property, Shared Ownership makes getting on the property ladder more achievable.
Agents Note Computer Generated Images used throughout are typical of the homestyle.
Adjoining home styles, garage positions, handing of homes, external treatments, rooflines, brick colours and levels can vary from plot to plot.
Side windows may be omitted depending on the configuration of the homes. Kitchen/utility layouts are for guidance only. Please refer to the kitchen drawings.
All dimensions are for guidance only and are subject to change during construction, they should not be used for carpet sizes, appliance spaces or items of furniture.
Please ask our Sales Team for details and terms and conditions of any incentives offered or mentioned.
IMPORTANT NOTE TO POTENTIAL PURCHASERS: We strive to ensure that our sales particulars are accurate and reliable.
However, these particulars do not constitute or form part of an offer or contract and should not be relied upon as statements of representation or fact.
Any services, systems, and appliances mentioned in this specification have not been tested by us, and we provide no guarantee regarding their operational capability or efficiency.
All measurements are intended as a guide for prospective buyers only and are not exact. HSPG Disclaimer ‘The property is sold off-plan.
Images, computer-generated visuals and virtually dressed images are for illustrative purposes only and may include finishes, fittings, layouts or appliances that are not included in the sale.
No specification is fixed or agreed at exchange of contracts and the design and specification may change at any time up to build completion.
All details are indicative and purchasers must rely on the contract terms agreed at exchange.’ 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.
QEA260202/2 Kitchen 3m x 2.6m Dining Room 2.67m x 4.11m Living Room 4.62m x 4.1m Downstairs WC 1.96m x 1.9m Bedroom 1 5.6m x 2.8m Bedroom 2 3.15m x 3.33m Bedroom 3 2.36m x 3.23m Bathroom 2.1m x 1.96m
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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 Thorpe Close, Stone Cross, Pevensey, East Sussex, BN24
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