4 Bed Detached House, Planning Permission, Eastbourne, BN22 7EH, £525,000

Beamsley Road, Eastbourne, BN22 7EH - 2 months ago

Planning
~129 m²
+6 photos

ValuationOvervalued

Sold Prices£200K - £805K
Sold Prices/m²£307/m² - £4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.1K/m²

Value Estimate

£378,356

 

 

End Value (After Refurb)

£401,539

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£131,250

Stamp Duty & Legal Fees

£43,700

Refurb Costs

£61,154

Bridging Loan Interest

£13,781

Total Cash In

£251,635

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£401,539

Mortgage (After Refinance)

£301,154

Mortgage LTV

75%

Cash Left In

£251,635

Equity

£100,385

Rent Range

£500 - £4,375

Rent Estimate

£1,582

Running Costs/mo

£1,591

Cashflow/mo

£-9

Cashflow/yr

£-111

Gross Yield

4%

Local Sold Prices

50 sold prices from £200K to £805K, average is £375K. £307/m² to £4K/m², average is £2.9K/m².

PriceDateDistanceAddressBeds 
£460K12/220.02 mi38, Carlton Road, Eastbourne, East Sussex BN22 7HD4
£375K02/230.17 mi70, Latimer Road, Eastbourne, East Sussex BN22 7DE4
£430K06/210.18 mi67, Beach Road, Eastbourne, East Sussex BN22 7HA4
£375K03/230.2 mi9, Rylstone Road, Eastbourne, East Sussex BN22 7HN4
£309.9K03/210.21 mi58, Whitley Road, Eastbourne, East Sussex BN22 8NH4
£335K06/210.21 mi38, Clarence Road, Eastbourne, East Sussex BN22 8HG4
£370K09/210.22 mi68, Ringwood Road, Eastbourne, East Sussex BN22 8TB4
£340K06/210.22 mi66, Ringwood Road, Eastbourne, East Sussex BN22 8TB4
£480K12/220.22 mi58, Ringwood Road, Eastbourne, East Sussex BN22 8TB4
£275K10/210.28 mi31, Western Road, Eastbourne, East Sussex BN22 8HP4
£329K01/210.31 mi37, Desmond Road, Eastbourne, East Sussex BN22 7LF4
£380K03/210.31 mi10, Fitzmaurice Avenue, Eastbourne, East Sussex BN22 8PE4
£480K05/210.32 mi37, St Philips Avenue, Eastbourne, East Sussex BN22 8LU4
£365K02/210.32 mi71, St Philips Avenue, Eastbourne, East Sussex BN22 8LX4
£335K05/210.33 mi47, Channel View Road, Eastbourne, East Sussex BN22 7LW4
£220K04/210.37 mi4, Willowfield Square, Eastbourne, East Sussex BN22 8AN4
£375K10/230.38 mi44, Belmore Road, Eastbourne, East Sussex BN22 8BL4
£424.5K06/230.38 mi68, Moy Avenue, Eastbourne, East Sussex BN22 8UQ4
£466K12/220.39 mi120, Whitley Road, Eastbourne, East Sussex BN22 8LT4
£492K03/230.39 mi48, Moy Avenue, Eastbourne, East Sussex BN22 8UG4
£315K01/210.4 mi29, Belmore Road, Eastbourne, East Sussex BN22 8BN4
£365K12/200.46 mi3, Hunloke Avenue, Eastbourne, East Sussex BN22 8UL4
£355K12/200.46 mi23, Hunloke Avenue, Eastbourne, East Sussex BN22 8UL4
£340K06/210.46 mi17, Cavendish Avenue, Eastbourne, East Sussex BN22 8EW4
£321.5K03/210.47 mi7, Cavendish Avenue, Eastbourne, East Sussex BN22 8EW4
£354K02/210.5 mi56, Harding Avenue, Eastbourne, East Sussex BN22 8PL4
£397.5K06/210.51 mi19, Astaire Avenue, Eastbourne, East Sussex BN22 8UN4
£405K05/210.53 mi153, Ringwood Road, Eastbourne, East Sussex BN22 8TT4
£415K06/210.6 mi30, Bowood Avenue, Eastbourne, East Sussex BN22 8SL4
£240K08/210.61 mi179, Ringwood Road, Eastbourne, East Sussex BN22 8UW4
£480K11/220.61 mi157, Ringwood Road, Eastbourne, East Sussex BN22 8UW4
£320K11/220.62 mi84, Longstone Road, Eastbourne, East Sussex BN21 3SL4
£350K10/220.62 mi29, Badlesmere Road, Eastbourne, East Sussex BN22 8TL4
£200K01/210.63 mi93, Ashford Road, Eastbourne, East Sussex BN21 3TP4
£385K10/220.63 mi45, Langney Road, Eastbourne, East Sussex BN21 3QD4
£305K02/210.68 mi8, Mortimer Road, Eastbourne, East Sussex BN22 8TJ4
£575K02/230.7 mi16, Gorringe Road, Eastbourne, East Sussex BN22 8XL4
£295K12/200.75 mi5, Collier Close, Eastbourne, East Sussex BN22 8SU4
£635K12/200.76 mi7, Carew Road, Eastbourne, East Sussex BN21 2AU4
£645K02/210.76 mi11, Carew Road, Eastbourne, East Sussex BN21 2AU4
£320K02/230.79 mi7, Commercial Road, Eastbourne, East Sussex BN21 3XE4
£585K03/210.8 mi39, Hartfield Road, Eastbourne, East Sussex BN21 2AR4
£395K09/210.86 mi57, Middleton Drive, Eastbourne, East Sussex BN23 6HD4
£480K03/230.9 mi1, Churchfield Square, Eastbourne, East Sussex BN21 2GN4
£700K06/210.9 mi1, Hyde Gardens, Eastbourne, East Sussex BN21 4PN4
£420K03/210.91 mi41, Collingwood Close, Eastbourne, East Sussex BN23 6HW4
£490K03/210.92 mi29, St Annes Road, Eastbourne, East Sussex BN21 2DJ4
£600K02/230.92 mi29, St Annes Road, Eastbourne, East Sussex BN21 2DJ4
£352K02/210.94 mi145, Princes Road, Eastbourne, East Sussex BN23 6HP4
£805K12/220.96 mi14, Le Brun Road, Eastbourne, East Sussex BN21 2HZ4

Local Rents

34 rents from £500/mo to £4.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,30004/240.05 miLatimer Road3
£1,65003/240.06 miBarden Road, EASTBOURNE4
£2,20003/240.06 miSeaside, Eastbourne, BN225
£2,20002/240.06 mi-5
£1,80012/240.1 mi-4
£1,65003/240.12 miBreaker Mews, Beach Road, Eastbourne3
£1,50003/240.13 miRingwood Road, Eastbourne, East Sussex, BN223
£1,20003/240.16 mi-3
£1,20003/240.16 mi-3
£1,50003/240.24 miWhitley Road, Eastbourne, BN223
£1,50003/240.24 miWhitley Road, Eastbourne, BN223
£1,50004/240.24 mi-3
£1,65012/240.27 mi-3
£1,59502/250.27 mi-3
£1,45003/240.31 miWannock Road, Eastbourne, BN22 7JU3
£1,42503/250.34 mi-3
£1,50003/240.36 miChawbrook Road, EASTBOURNE3
£1,30003/240.36 miChannel View Road, Eastbourne, BN223
£1,25004/240.37 miSydney Road, Eastbourne, BN223
£1,50012/240.38 mi-5
£1,32002/250.42 mi-4
£1,30003/240.49 mi-3
£1,30003/240.49 mi-3
£50004/250.51 mi-8
£1,49503/240.51 miBourne Street, Eastbourne, BN213
£1,49504/240.51 miBourne Street, Eastbourne, BN213
£1,49505/240.51 mi-3
£1,25003/240.51 miBourne Street3
£1,45005/240.52 mi-3
£1,49504/250.52 mi-3
£1,20004/240.55 miSeaside, Eastbourne3
£4,37503/240.56 miCavendish Place, Eastbourne6
£1,70003/240.58 miRingwood Road, Eastbourne3
£1,80002/250.6 mi-4

Local Area Statistics

Population in BN22

32,808

Population in Eastbourne

107,152

Town centre distance

0.59 miles away

Nearest school

0.30 miles away

Nearest train station

0.94 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+6%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £525,000

March 6, 2025

Floor Plans

Description

Eastbourne Property Shop is excited to present this excellent investment opportunity, featuring four self-contained rooms, each with its own en-suite. Located in a central area, the property is designed for the mid-market and is perfect for individuals who wish to live near Eastbourne Town and the Seafront while enjoying a comfortable environment. This property is ideally suited for young professionals in full-time employment who need a pleasant place to live, relax, and prepare meals in the spacious kitchen. There is also an office workspace available. The communal areas include a kitchen/dining room and lounge, along with a private courtyard garden. Additionally, there is a garage that offers ample storage space or the possibility of converting it into another office. The location is just a short walk to Eastbourne Seafront, a swimming pool and gym, a children's play park, a football green, the hospital, and Eastbourne Town Centre, which includes Eastbourne Train Station with direct links to Brighton and London. The property holds significant potential for extension and development, subject to obtaining the necessary planning permissions. Whether used as a large home or as a House in Multiple Occupation (HMO), it has the potential to generate over £3,000 a month. Location – located within a short walk to Eastbourne Seafront, and Eastbourne Town Centre with Eastbourne Train Station with direct links to Brighton and London. Entrance Hall Double-glazed door to front, radiator, stairs rising, laminate flooring. Kitchen 14’7 x 7’3 Range of wall and base units, sink and drainers, central heating boiler, double glazed window to rear, double glazed door to rear garden, space for appliances, tiled. Dining Room 9’4 x 9’6 Double-glazed window to side, laminate flooring. Office Space 10’5 x 4’9 Laminate Flooring, airing cupboard. Lounge 14’7 x 10’7 Double-glazed bay window to the front, radiator. Room One (ground floor ) 16’2 x 14’6 Bay window to side, two radiators. En Suite Bathroom W.c. wash hand basin, extractor fan, shower cubicle with shower. Room Two 10’6 x 14’6 ( 1st Floor ) Three double-glazed windows, radiator. En Suite Bathroom  W.c. wash hand basin, shower cubicle, extractor fan. Room Three (split level) Lounge/office 9’9 x 10’5 Double-glazed window to the front, radiator. En Suite  W.c. wash hand basin, toilet, double glazed window. Stairs rising to  Bedroom 15’2 x 9’3 in eaves Eave Storage, two Velux windows, electric heater. Hallway – Radiator : -  Room 4 9’4 x 10’3 Cupboard, double glazed window to rear, radiator. Family Bathroom W.c. wash hand basin with splash back, radiator, double glazed window to side. Garden 22’7 x 28’1 Courtyard garden with outside tap, and rear access. Garage With road access to up and over door. 17’9 x 10’4

Agent Details

Eastbourne Property Shop, Pevensey

01323 921147

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪