Pevensey Road, Eastbourne, East Sussex, BN21
By Ginger & Sanders
£ 425,000
Reviews
2 out of 5 stars
Ginger & Sanders says ..
*** Guide Price: £425,000 - £450,000 ***Ginger & Sanders are delighted to offer to the market this freehold block comprising a FIVE STUDIO FLATS and ONE ONE-BEDROOM FLAT. Located in Eastbourne town centre, this property is ideal for investment potential with an immediate healthy return.
Property Oracle says ..
This six-bedroom, six-bathroom property located on Pevensey Road in Eastbourne presents a mixed bag. Its central location near the train station and local schools is a significant advantage for commuters and families. However, the property’s current condition is a major drawback. The provided photographs reveal a clear need for renovation, with dated interiors and apparent wear and tear in various rooms. The kitchen and bathrooms in particular appear quite tired and require substantial updating. The small, overgrown backyard adds little practical value. While the list price of £425,000 is comparable to other properties in the area, the lack of accurate sqft data and the significant renovation required makes it difficult to assess the true value accurately. A prospective buyer should factor in significant refurbishment costs into their budget. Overall, this property offers a good location but its current condition and limited land size requires substantial investment to improve its value and appeal. Potential buyers should carefully consider the costs involved before proceeding.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 2
- Bedrooms
- 6
- Bathrooms
- 6
- Sqft (est)
- 346.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 238,995.00 £Decreased by 14.36 %
- Est sale value
- 99,648.00 £Increased by 26.87 %
- Average area rental value
- 991.00 £/moDecreased by 9.99 %
- Est letting value
- 346.00 £/mo
- Est rental Yield
- 4.98 %Increased by 5.29 %
- Crime Rate
- 93.00 %Unchanged by 0.00 %
Agent Activity
Ginger & Sanders created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bourne Primary School | Community School | Good | 0.43 KM |
| Devonshire Children'S Centre | Children's Centre | 0.57 KM | |
| Anderida Learning Centre | Other Independent Special School | Good | 0.74 KM |
| Roselands Infants' School | Academy Converter | 1.27 KM | |
| Eastbourne College | Other Independent School | 1.34 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Junction Road | £ 0 | 0 | 0.00 KM |
| Manifold Mews | £ 0 | 0 | 0.00 KM |
| Connaught Road | £ 0 | 0 | 0.00 KM |
| Upper Avenue Roundabout | £ 0 | 0 | 0.00 KM |
| Abbotts Close | £ 250,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Eastbourne | 5448 | EBN | 0.97 KM |
| Hampden Park (Sussex) | 5450 | HMD | 3.27 KM |
| Pevensey And Westham | 5461 | PEV | 6.47 KM |
| Polegate | 5455 | PLG | 7.64 KM |
| Pevensey Bay | 5462 | PEB | 7.96 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Pevensey Road, Eastbourne | £ 425,000 | BUY | 5 / 10 | 0.00 KM |
| Pevensey Road, Eastbourne, East Sussex, BN21 | £ 425,000 | BUY | 4 / 10 | 0.00 KM |
| Pevensey Road, Eastbourne, BN21 | £ 95,000 | BUY | 5 / 10 | 0.03 KM |
| Pevensey Road, Eastbourne, East Sussex | £ 75,000 | BUY | 5 / 10 | 0.03 KM |
| Pevensey Road, Eastbourne | £ 175,000 | BUY | 6 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 43 Pevensey Road | £ 250,000 | 0.01 KM |
| 35 Pevensey Road | £ 65,000 | 0.01 KM |
| 33 Pevensey Road | £ 139,950 | 0.01 KM |
| 31 Pevensey Road | £ 120,000 | 0.01 KM |
| 25 Pevensey Road | £ 428,000 | 0.02 KM |