5 Bed HMO, Eastbourne, BN22 8HR £350,000

Neville Road, Eastbourne, BN22 8HR - 10 months ago
Sold STC
HMO
Inside Article 4
ROI: 6%
~86 m²
Property image

ValuationOvervalued

Sold Prices£270K - £2.1M
Sold Prices/m²£1.8K/m² - £9.7K/m²

 

 

Square Metres

~85.70 m²
Price/m²£4.1K/m²

Value Estimate

£286,334

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Room Rate

£576

Gross Rent

£2,880

Running Costs/mo

£2,282

Cashflow/mo

£598

Cashflow/yr

£7,179

ROI

6%

Gross Yield

10%

Local Sold Prices

50 sold prices from £270K to £2.1M, average is £620K. £1.8K/m² to £9.7K/m², average is £3.3K/m².

Price
Date
Distance
Address
Beds
 
£360K09/230.1 mi126, Whitley Road, Eastbourne, East Sussex BN22 8LT5
£370K03/230.13 mi71, Cavendish Avenue, Eastbourne, East Sussex BN22 8EP5
£425K11/230.13 mi80, Whitley Road, Eastbourne, East Sussex BN22 8NE5
£270K01/250.3 mi38, Latimer Road, Eastbourne, East Sussex BN22 7BY5
£300K02/230.31 mi105, Cavendish Place, Eastbourne, East Sussex BN21 3TY5
£280K03/250.4 mi52, Longstone Road, Eastbourne BN21 3SL5
£280K03/250.4 mi52, Longstone Road, Eastbourne BN21 3SL5
£368K06/210.45 mi177, Ringwood Road, Eastbourne, East Sussex BN22 8UW5
£625K07/230.56 mi19, Mill Gap Road, Eastbourne, East Sussex BN21 2JA5
£490K04/230.57 mi38, Kinfauns Avenue, Eastbourne, East Sussex BN22 8SS5
£795K09/210.72 mi19, Carew Road, Eastbourne, East Sussex BN21 2JG5
£1.2M10/220.8 mi13, Old Orchard Road, Eastbourne, East Sussex BN21 1DD5
£755K08/210.8 mi15, Ashburnham Road, Eastbourne, East Sussex BN21 2HX5
£1.3M07/250.81 mi47 Four Gables, St Annes Road, Eastbourne BN21 2HR5
£561K03/250.84 mi10, The Goffs, Eastbourne BN21 1HD5
£885K12/240.86 mi41, Prideaux Road, Eastbourne BN21 2NB5
£635K03/251 mi19 Wistaria House, Ratton Road, Eastbourne BN21 2LU5
£635K03/251 mi19 Wistaria House, Ratton Road, Eastbourne BN21 2LU5
£440K12/241.01 mi16, New Upperton Road, Eastbourne BN21 1NN5
£495K03/251.02 mi5, Selwyn Drive, Eastbourne BN21 2LP5
£705K01/251.03 mi17, De Roos Road, Eastbourne BN21 2QA5
£815K06/251.13 mi4, Park Close, Eastbourne BN20 8AG5
£815K06/251.13 mi4, Park Close, Eastbourne BN20 8AG5
£549K06/211.19 mi71, Vicarage Road, Eastbourne, East Sussex BN20 8AH5
£521K08/221.19 mi67, Vicarage Road, Eastbourne, East Sussex BN20 8AH5
£625K04/251.26 mi31, Vicarage Road, Eastbourne BN20 8AL5
£625K04/251.26 mi31, Vicarage Road, Eastbourne BN20 8AL5
£509.9K08/211.27 mi25, Vicarage Road, Eastbourne, East Sussex BN20 8AS5
£650K10/241.28 mi29, Milton Road, Eastbourne BN21 1SH5
£975K04/231.29 mi17, Rectory Close, Eastbourne, East Sussex BN20 8AQ5
£342.5K11/241.29 mi2a, Seaville Drive, Eastbourne BN23 6LD5
£650K10/241.3 mi29, Milton Road, Eastbourne, East Sussex BN21 1SH5
£615K07/231.3 mi59, Willingdon Road, Eastbourne, East Sussex BN21 1TR5
£465K03/231.31 mi1, Beverington Close, Eastbourne, East Sussex BN21 2SB5
£1.0M07/251.32 mi36, Silverdale Road, Eastbourne BN20 7EU5
£610K07/241.35 mi18, Charleston Road, Eastbourne, East Sussex BN21 1SF5
£1.4M08/211.38 mi65, Summerdown Road, Eastbourne, East Sussex BN20 8DQ5
£535K05/211.44 mi209, Kings Drive, Eastbourne, East Sussex BN21 2UJ5
£710K06/211.44 mi22, Summerdown Road, Eastbourne, East Sussex BN20 8DT5
£505K02/251.47 mi63, Eridge Road, Eastbourne BN21 2TS5
£505K02/251.47 mi63, Eridge Road, Eastbourne BN21 2TS5
£445K07/231.51 mi125, Green Street, Eastbourne, East Sussex BN21 1RS5
£950K12/221.53 mi2a, Old Camp Road, Eastbourne, East Sussex BN20 8DH5
£2.1M01/231.53 mi15, Old Camp Road, Eastbourne, East Sussex BN20 8DH5
£470K11/241.54 mi66, Cobbold Avenue, Eastbourne BN21 1UZ5
£465K06/211.57 mi42, Rosebery Avenue, Eastbourne, East Sussex BN22 9QB5
£775K07/251.58 mi54, Baldwin Avenue, Eastbourne BN21 1UP5
£715K09/241.63 mi2, Nevill Avenue, Eastbourne BN22 9PT5
£700K03/251.65 mi26, Farlaine Road, Eastbourne BN21 1XQ5
£700K03/251.65 mi26, Farlaine Road, Eastbourne BN21 1XQ5

Local Area Statistics

Population in BN22

32,808

Population in Eastbourne

107,152

Town centre distance

0.29 miles away

Nearest school

0.20 miles away

Nearest train station

0.67 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+2%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £350,000

September 20, 2025

Price changed to £360,000

March 4, 2025

Listed for £380,000

January 4, 2025

Sold for £211,000

2017

Sold for £168,000

2013

Sold for £154,500

2006

Sold for £136,000

2003

Sold for £96,950

2001

Floor Plans

Property image

Description

  • HMO +
  • FIVE BEDROOMS +
  • FIVE EN SUITES +
  • COMMUNAL AREAS +
  • EXCELLENT INVESTMENT +
  • CHAIN FREE +
  • COURT YARD GARDEN +
  • SOUGHT AFTER LOCATION CLOSE TO CENTRAL EASTBOURNE +

SUMMARY
*INVESTMENT OPPORTUNITY - FIVE BEDROOM, FIVE EN SUITE HMO*
Fox & Sons are pleased to offer this 5 bedroom HMO situated within the Seaside location, close to many amenities. The property comes well-presented and is a great investment. Call today to find out more!

DESCRIPTION
*INVESTMENT OPPORTUNITY - FIVE BEDROOM, FIVE EN SUITE HMO*
Fox & Sons are pleased to welcome to the market this very well presented 5 bedroom HMO property. Situated within a popular residential location this property offers easy access to Eastbourne Seafront, home to the popular annual 'Airbourne' air show, award winning flower display and historic pier. The property also falls within easy reach of shops, transport links and play parks making it an ideal location for families alongside being within close proximity to Eastbourne's growing town centre with train station providing links to both London & Brighton. To find out more about this property including current achievable rents, enquire today -

Entrance Hall 

Kitchen / Dining Room 14' 2" x 9' 5" ( 4.32m x 2.87m )

En - Suite 

Bedroom 4 8' 3" x 8' 2" ( 2.51m x 2.49m )
Double glazed window to the rear aspect.

En - Suite 

First Floor Landing 
Stairs leading from ground floor to first floor landing.

Bedroom 1 14' 2" x 11' 10" ( 4.32m x 3.61m )
Double glazed window to the front aspect.

En - Suite 

Bedroom 3 12' x 8' 10" ( 3.66m x 2.69m )
Double glazed window to the rear aspect.

En - Suite 

Bedroom 5 9' 3" x 8' 3" ( 2.82m x 2.51m )
Double glazed window to the rear aspect.

En - Suite 

Rear Garden 

Bedroom 2 12' x 10' 11" ( 3.66m x 3.33m )
Double glazed bay window to the front aspect.

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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