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See how verdicts work1-bedroom flat · TN22 5DY
Sold STCListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERING VACANT POSSESSION: A purpose built one bedroom flat in need of some updating with spacious accommodation and a small area of private garden to the rear.
SPACIOUS PURPOSE BUILT FIRST FLOOR FLAT | CLOSE TO THE TOWN CENTRE AND RAILWAY STATION | NOW IN NEED OF GENERAL UPDATING | COMMUNAL HALL AND LANDING | ENTRANCE HALL | SITTING ROOM | KITCHEN/DINING ROOM | BEDROOM | BATHROOM | GARDEN WITH STORE TO THE REAR | GAS CENTRAL HEATING | DOUBLE GLAZING | COUNCIL TAX: BAND A | EPC: BAND C SITUATION: The property is situated in a popular residential area on the south side of the town.
Uckfield has a good range of shops, bars and restaurants as well as a cinema and leisure centre/swimming pool complex.
There is a local inn within walking distance as is the station with services to London Bridge and East Croydon. There are regular bus services from the town to Lewes, Brighton and Tunbridge Wells.
DESCRIPTION: A purpose built flat with gas central heating and double glazed windows.
The flat is offered with vacant possession and the accommodation is arranged as follows: A communal hall and stairs lead to the communal landing with a store cupboard and front door giving access to the Entrance Hall with hatch to the loft space, built in airing cupboard with hot water cylinder and slatted shelving and further storage cupboard.
There is a spacious Sitting Room overlooking the rear of the property and a Kitchen/Dining Room with a range of base cupboard and drawer units, stainless steel sink unit, wall cupboards, space for fridge/freezer, washing machine and cooker, wall mounted gas fired boiler and space for a table and chairs.
The Bedroom has a built in wardrobe cupboard and there is a Bathroom with bath with mixer tap and shower attachment, WC, wash basin and part tiled walls.
OUTSIDE: Open plan communal lawned area to the front of the flats. At the rear there is an area of private garden with grassed area and overgrown borders and a brick garden store.
TENURE: Leasehold Length of lease: Original term 125 years - 88 years remaining Service Charge: £385 per annum which includes Ground rent at £10
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 Vernon Road, Uckfield, East Sussex, TN22
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