3-bedroom flat · BN23 6HW
Listing removedListed 421 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Guide Price £230,000-£250,000*** An incredibly spacious 3 bedroom penthouse apartment directly on the seafront and with wonderful sea views.
Being offered chain free the flat benefits from 3 double bedrooms, the master having a spacious refitted en-suite, further modern bathroom, fitted kitchen and wonderful lounge with opening to dining room and sun balcony which has sea views.
The harbour bars and restaurants are within comfortable walking distance and an internal inspection comes highly recommended. Entrance Communal entrance with security entry phone system.
Stairs to top (3rd) floor private entrance door to - Hallway Electric heater. Airing cupboard housing hot water cylinder. Entryphone handset.
Large loft space that has been boarded out & is ideal for storage (not inspected). Lounge/Dining Room (6.50m x 5.84m (21'4 x 19'2)) Electric heater. Feature fireplace. Television point.
Coved ceiling. Opening to dining area. Double glazed window with glorious sea views. Double glazed doors to - Sun Terrace With glorious sea views.
Dining Area (3.78m x 3.33m (12'5 x 10'11)) Electric heater. Coved ceiling. Double glazed window with stunning sea views.
Fitted Kitchen (4.55m x 2.49m (14'11 x 8'2 )) Range of fitted wall and base units. Worktop with inset single drainer sink unit and mixer tap. Cooker point. Plumbing and space for washing machine.
Part tiled walls. Double glazed window with wonderful views of the sea and South Downs. Bedroom 1 (4.93m x 3.28m (16'2 x 10'9 )) Coved ceiling.
Double glazed window with glorious far reaching views over Eastbourne. En-Suite Shower Room/Wc Refitted white suite comprising shower cubicle. Low level WC. Wash hand basin. Fitted base unit.
Part tiled walls. Chrome heated towel rail. Inset spotlights. Coved ceiling. Frosted double glazed window. Bedroom 2 (3.02m x 2.57m (9'11 x 8'5 )) Electric heater. Sky light.
Bedroom 3 (3.02m x 2.13m (9'11 x 7'0 )) Electric heater. Sky light. Modern Bathroom/Wc White suite comprising panelled bath with chrome mixer tap, shower attachment and shower screen. Low level WC.
Pedestal wash hand basin with mixer tap. Part tiled walls. Chrome heated towel rail. Extractor fan. Parking The flat has a lock-up garage with an up & over door. Epc = D Council Tax Band = D
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
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FAQ
About 31, Collingwood Close, Eastbourne
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