1-bedroom flat · BN20 7HD
Sold STCListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Emslie & Tarrant are delighted to offer for sale this beautifully presented one bedroom first floor retirement apartment, forming part of the highly regarded Colonel Stevens Court development in the sought-after Lower Meads area.
Ideally positioned within comfortable walking distance of Eastbourne town centre, the development also benefits from a bus stop immediately outside providing regular services to both Meads Village and the town centre.
Lovingly maintained and thoughtfully improved by the current owner, the apartment is presented in excellent decorative order throughout and features a recently installed Howdens kitchen, finished to a high standard with quality cabinetry, a useful carousel corner storage unit, integrated cooking appliances and space for a washing machine.
The bright and spacious sitting room provides an attractive outlook over the communal gardens, whilst the generous double bedroom enjoys a similarly pleasant aspect.
The accommodation is completed by a modern shower room and a welcoming entrance hall with useful built-in storage, creating a comfortable and practical home ready for immediate occupation.
Colonel Stevens Court offers an excellent range of residents' facilities including a welcoming communal lounge, laundry room, beautifully maintained communal gardens and a large residents' car park, with particularly convenient access from the apartment.
The development provides an ideal balance of independent living and community, in one of Eastbourne's most desirable retirement locations.
Offered to the market in excellent condition throughout, an early inspection is highly recommended. Communal Entrance Security entry phone system, stairs and lift to first floor.
Private Entrance Hall Living Room 19'10 x 10'8 Recently Fitted Howdens Kitchen 8'6 x 7'8 Double Bedroom 15'10 x 9'2 Modern Shower Room Agents Note Council Tax Band - C EPC Rating - B Lease - 125 years from 1st February 1995 Maintenance - £3,033.60 per annum Ground Rent - £471.58 per annum All material information relating to this property is provided by the vendor and is available upon request.
While Emslie & Tarrant make every effort to ensure that property details are accurate and up to date, we rely on information supplied by the vendor and do not independently verify its accuracy.
These particulars do not constitute any part of an offer or contract and should not be relied upon as statements of fact.
Any prospective purchaser should seek confirmation from their solicitor or other suitably qualified professional.
All measurements, floor plans and dimensions are approximate and provided for guidance purposes only. They should not be relied upon for the purchase of furnishings, fixtures or fittings.
Please note that none of the services, systems, appliances or installations have been tested by Emslie & Tarrant, and no guarantee as to their operating ability or efficiency is given.
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
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FAQ
About 28 Colonel Stevens Court , Granville Road, Eastbourne
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