3-bedroom flat · BN21 4HF
Listing removedListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented three bedroom, high specification finish, second floor apartment. Modern kitchen with integrated appliances, en-suite to main bedroom with bath and separate shower cubicle.
Family shower room. Immaculately presented throughout. Lift to all floors, communal gardens and allocated parking.
Located in the highly sought after Lower Meads area, within walking distance of the town centre, Grand Parade shops and seafront.
Eastbourne train station and a wide variety of independent retail outlets including many fine dining and recreational establishments, alongside several theatres and galleries are all close by.
Communal Entrance Main doors to communal entrance leading to lift or stairs for access to 2nd floor and private entrance to apartment. Hallway Leading to all rooms.
Carpet, downlights, radiator and cupboard for storage. Lounge Diner (5.31m x 3.63m (17'5" x 11'11")) Spacious lounge diner with double glazed bay window to front of building.
Downlights, power points, radiator, TV point and carpet. Kitchen (3.63m x 2.51m (11'11" x 8'3")) High specification finish with plenty of cupboards, drawers and fitted work surfaces.
Integrated appliances include Dishwasher, Washing Machine, Tall Fridge Freezer, Built-in Electric Hob & Oven. Power points, downlights and radiators. Double glazed window to side of building.
Bedroom 1 (3.94m x 3.73m (12'11" x 12'3")) Double glazed windows to front of property. Built-in double wardrobe. Downlights, power points, radiator and carpet.
En-Suite With Bath & Shower (3.68m x 1.68m (12'1" x 5'6")) Luxurious finish. Tiled floor and walls. Bath to one end with large shower cubicle at the other. WC and basin with vanity unit.
Downlights, large wall mirror, shaver points and chrome ladder style radiator. Opaque double-glazed window to side of building.
Bedroom 2 (3.20m x 2.34m (10'6" x 7'8")) Double glazed window to front of building. Downlights, power points, radiator and carpet.
Bedroom 3 (2.84m x 2.31m (9'4" x 7'7")) Double glazed window to front of property. Downlights, power points, radiator and carpet. Shower Room Shower cubicle, WC and basin with vanity unit.
Downlights and chrome ladder style radiator. Tiled floor and half tiled walls. Outside Communal gardens plus an allocated parking space. Private store cupboard to the side of the main building.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 5, 28, Grange Road, Eastbourne
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