Pevensey Road, Eastbourne, East Sussex, BN21
GI

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 %
from 279,071.00 £
Est sale value
99,648.00 £
Increased by 26.87 %
from 78,542.00 £
Average area rental value
991.00 £/mo
Decreased by 9.99 %
from 1,101.00 £/mo
Est letting value
346.00 £/mo
from 0.00 £/mo
Est rental Yield
4.98 %
Increased by 5.29 %
from 4.73 %
Crime Rate
93.00 %
Unchanged by 0.00 %
from 93.00 %

Agent Activity

  • Ginger & Sanders created the listing.

Nearby Schools

NameTypeOfstedDistance
Bourne Primary SchoolCommunity SchoolGood0.43 KM
Devonshire Children'S CentreChildren's Centre0.57 KM
Anderida Learning CentreOther Independent Special SchoolGood0.74 KM
Roselands Infants' SchoolAcademy Converter1.27 KM
Eastbourne CollegeOther Independent School1.34 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Junction Road £ 000.00 KM
Manifold Mews £ 000.00 KM
Connaught Road £ 000.00 KM
Upper Avenue Roundabout £ 000.00 KM
Abbotts Close £ 250,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Eastbourne5448EBN0.97 KM
Hampden Park (Sussex)5450HMD3.27 KM
Pevensey And Westham5461PEV6.47 KM
Polegate5455PLG7.64 KM
Pevensey Bay5462PEB7.96 KM

Nearby Listings

AddressPriceTypeScoreDistance
Pevensey Road, Eastbourne £ 425,000BUY5 / 100.00 KM
Pevensey Road, Eastbourne, East Sussex, BN21 £ 425,000BUY4 / 100.00 KM
Pevensey Road, Eastbourne, BN21 £ 95,000BUY5 / 100.03 KM
Pevensey Road, Eastbourne, East Sussex £ 75,000BUY5 / 100.03 KM
Pevensey Road, Eastbourne £ 175,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
43 Pevensey Road £ 250,0000.01 KM
35 Pevensey Road £ 65,0000.01 KM
33 Pevensey Road £ 139,9500.01 KM
31 Pevensey Road £ 120,0000.01 KM
25 Pevensey Road £ 428,0000.02 KM