1-bedroom flat · TN22 5FY
Sold STCListed 164 days
Opportunity summary
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About
SALE AGREED: A spacious and well-presented first floor flat converted a few years by a well-respected local builder situated in the centre of the town within a short walk of the High Street and railway station.
SPACIOUS FIRST FLOOR FLAT | CONVERTED A FEW YEARS AGO | SHARED HALLWAY AND LANDING | ENTRANCE HALL | OPEN PLAN KITCHEN/LIVING ROOM | BEDROOM | BATHROOM WITH BATH AND SHOWER | ELECTRIC HEATING DOUBLE GLAZED WINDOWS | FIBRE BROADBAND | SHARE OF THE FREEHOLD | EPC: BAND D | COUNCIL TAX: BAND B SITUATION: Oakridge House is situated in the centre of Uckfield within a short walk of the railway station with services to London Bridge and East Croydon.
The High Street is close by with an excellent range of shops, bars and restaurants as well as a multi screen cinema.
There are regular bus services from the town to Lewes, Brighton and Tunbridge Wells.
DESCRIPTION: A really spacious first floor flat in this attractive building converted a few years ago to a high standard by a local builder.
The accommodation is well presented and an inspection is recommended. The accommodation is arranged as follows: Front door to Communal Hallway with stairs leading to the shared Landing.
Front door to the Entrance Hall with down lighters, entry phone system and walk-in airing cupboard.
Open plan Kitchen/Dining/Living Room with a superb kitchen area with a comprehensive range of high gloss base cupboard and drawer units with granite effect work surfaces over, built in oven and four ring hob with stainless steel surround, extractor hood, inset one and a half bowl stainless steel sink unit, built in fridge and freezer, space for washing machine and breakfast bar.
Spacious Lounge area. There is a spacious Bedroom with downlighters, built-in wardrobe and shelving.
Stunning Bathroom with tiled floor, bath with waterfall style mixer tap and shower attachment, WC, wash basin with waterfall style tap, large walk-in shower with twin shower heads and tiled walls, downlighters and heated towel rail.
OUTSIDE: To the front of the building is one allocated parking space and further visitors parking.
NOTE: We understand that the property has a share of the freehold with a 250 year lease commencing in 2018. We understand that the service charge is £1.150 per annum (April 2026).
Verification of the above should be sought by the buyers legal representative.
Value & comps
No previous sales on record.
Returns
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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 New Town, Uckfield, East Sussex, TN22
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