5 Bed HMO, Eastbourne, BN21 3TE £380,000

Ashford Road, Eastbourne, BN21 3TE - a year ago
HMO
Inside Article 4
ROI: 6%
~99 m²
Property image

ValuationOvervalued

Sold Prices£270K - £1.3M
Sold Prices/m²£1.8K/m² - £5.3K/m²

 

 

Square Metres

~99 m²
Price/m²£3.8K/m²

Value Estimate

£349,064

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£95,000

Stamp Duty & Legal Fees

£29,200

Total Cash In

£124,200

 

 

Cash Out

 

Room Rate

£617

Gross Rent

£3,085

Running Costs/mo

£2,430

Cashflow/mo

£655

Cashflow/yr

£7,861

ROI

6%

Gross Yield

10%

Local Sold Prices

30 sold prices from £270K to £1.3M, average is £593K. £1.8K/m² to £5.3K/m², average is £3.5K/m².

Price
Date
Distance
Address
Beds
 
£280K03/250.06 mi52, Longstone Road, Eastbourne BN21 3SL5
£280K03/250.06 mi52, Longstone Road, Eastbourne BN21 3SL5
£300K02/230.13 mi105, Cavendish Place, Eastbourne, East Sussex BN21 3TY5
£370K03/230.32 mi71, Cavendish Avenue, Eastbourne, East Sussex BN22 8EP5
£1.2M10/220.38 mi13, Old Orchard Road, Eastbourne, East Sussex BN21 1DD5
£360K09/230.46 mi126, Whitley Road, Eastbourne, East Sussex BN22 8LT5
£561K03/250.54 mi10, The Goffs, Eastbourne BN21 1HD5
£625K07/230.55 mi19, Mill Gap Road, Eastbourne, East Sussex BN21 2JA5
£270K01/250.56 mi38, Latimer Road, Eastbourne, East Sussex BN22 7BY5
£425K11/230.57 mi80, Whitley Road, Eastbourne, East Sussex BN22 8NE5
£795K09/210.64 mi19, Carew Road, Eastbourne, East Sussex BN21 2JG5
£1.3M07/250.64 mi47 Four Gables, St Annes Road, Eastbourne BN21 2HR5
£368K06/210.74 mi177, Ringwood Road, Eastbourne, East Sussex BN22 8UW5
£755K08/210.75 mi15, Ashburnham Road, Eastbourne, East Sussex BN21 2HX5
£440K12/240.78 mi16, New Upperton Road, Eastbourne BN21 1NN5
£885K12/240.81 mi41, Prideaux Road, Eastbourne BN21 2NB5
£815K06/250.82 mi4, Park Close, Eastbourne BN20 8AG5
£815K06/250.82 mi4, Park Close, Eastbourne BN20 8AG5
£495K03/250.83 mi5, Selwyn Drive, Eastbourne BN21 2LP5
£635K03/250.87 mi19 Wistaria House, Ratton Road, Eastbourne BN21 2LU5
£635K03/250.87 mi19 Wistaria House, Ratton Road, Eastbourne BN21 2LU5
£1.0M07/250.88 mi36, Silverdale Road, Eastbourne BN20 7EU5
£549K06/210.89 mi71, Vicarage Road, Eastbourne, East Sussex BN20 8AH5
£521K08/220.89 mi67, Vicarage Road, Eastbourne, East Sussex BN20 8AH5
£705K01/250.9 mi17, De Roos Road, Eastbourne BN21 2QA5
£975K04/230.96 mi17, Rectory Close, Eastbourne, East Sussex BN20 8AQ5
£625K04/250.96 mi31, Vicarage Road, Eastbourne BN20 8AL5
£625K04/250.96 mi31, Vicarage Road, Eastbourne BN20 8AL5
£509.9K08/210.97 mi25, Vicarage Road, Eastbourne, East Sussex BN20 8AS5
£490K04/231 mi38, Kinfauns Avenue, Eastbourne, East Sussex BN22 8SS5

Local Area Statistics

Population in BN21

24,783

Population in Eastbourne

107,152

Town centre distance

0.38 miles away

Nearest school

0.30 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Buyer's market

Capital growth (5yrs)

+15%

Property History

Price changed to £380,000

October 10, 2025

Listed for £390,000

August 15, 2024

Sold for £246,000

2019

Floor Plans

Property image

Description

  • *** GUIDE PRICE £380,000 - £390,000 *** +
  • HMO +
  • FIVE BEDROOMS +
  • FIVE EN SUITES +
  • SPACIOUS COMMUNAL KITCHEN FACILITIES +
  • LOCATED WITHIN IN THE IMMEDIATE TOWN CENTRE +
  • EXCELLENT INVESTMENT OPPORTUNITY +
  • CURRENTLY PRODUCING AN INCOME OF CIRCA £37,000 +

SUMMARY
* GUIDE PRICE £380,000 - £390,000 *
An excellent investment opportunity to acquire this FIVE BEDROOM, Five en-suite HMO ideally located within Eastbourne's immediate Town Centre. Converted within recent years, the property currently produces a gross income of circa £37,000 per annum.

DESCRIPTION
* GUIDE PRICE £380,000 - £390,000 *
Fox & Sons are delighted to present to market this excellent investment opportunity to acquire this FIVE BEDROOM, Five en-suite HMO ideally located within Eastbourne's immediate Town Centre. Converted within recent years, the property currently produces a gross income of circa £37,000 per annum. The accommodation arranged over two floors benefits from spacious communal kitchen facilities, lean-to conservatory, central heating, double glazing throughout and rear garden.

Entrance Porch 
Double glazed door to the front aspect.

Entrance Hall 
Door to the front aspect. Radiator.

Room 1 
Double glazed bay window to the front aspect. Radiator.

En - Suite 
Comprising a shower cubicle with over head shower attachment. Low level W.C. Heated towel rail.

Room 2 
Double glazed window to the rear aspect. Radiator.

En - Suite 
Comprising a shower cubicle with over head shower attachment. Low level W.C. Heated towel rail.

Room 3 
Double glazed window to the rear aspect. Radiator.

En - Suite 
Comprising a shower cubicle with over head shower attachment. Low level W.C. Heated towel rail.

Kitchen 
A range of wall and base units with work top over incorporating a stainless steel sink and drainer unit. Double electric oven and gas hob with cooker hood above. Double glazed window to the side and rear aspect. Radiator.

First Floor Landing 
Loft access.

Room 4 
Double glazed window to the rear aspect. Radiator.

En - Suite 
Comprising a shower cubicle with over head shower attachment. Low level W.C. Heated towel rail.

Room 5 
Double glazed window to the front aspect.

En - Suite 
Comprising a shower cubicle with over head shower attachment. Low level W.C. Heated towel rail.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Fox & Sons, Eastbourne

01323 921085

Next Steps?

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