Leaper Stanbrook says ..

Property Oracle says ..

This five-bedroom maisonette in Eastbourne’s Meads area presents a compelling investment opportunity, but also requires considerable work. The property boasts a desirable location, close to the beach, town centre, railway station, and a number of schools. The exterior suggests a solid structure typical of a period property, however, the interior requires modernisation. Carpets and wall coverings appear dated, and the bathrooms while functional, look in need of refurbishment. The kitchen is also functional but similarly in need of updating. The extensive use of cream and beige coloring might be off-putting to some potential buyers. The two garages and the private garden, although not extensive, are desirable features. However, the relatively high list price must be considered in light of the necessary renovations needed. The absence of square footage information for comparable properties makes a precise price per square foot comparison challenging. A prospective buyer should factor in a substantial renovation budget into their overall cost calculations. The property, once renovated, holds the potential for significant return on investment, due primarily to the sought-after location.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Images