South Street, Eastbourne
By Milestone Sales & Lettings Ltd
£ 700,000
Reviews
2 out of 5 stars
Milestone Sales & Lettings Ltd says ..
** Price £700,000 **Prime Investment Opportunity in Central Eastbourne Overview We are pleased to present an exceptional investment opportunity in one of Eastbourne's finest areas. This recently converted building
Property Oracle says ..
This property on South Street, Eastbourne, presents a mixed bag of features. Its location in the Meads area is highly desirable, being close to the town centre, seafront, and several well-regarded schools. This proximity to amenities, combined with a convenient location relative to Eastbourne railway station, increases the property’s attractiveness. However, the images clearly reveal the property is in an unfinished state, despite the completed renovation of the interior. While the structure appears sound and the internal renovations show a modern aesthetic with five bedrooms and five bathrooms, the lack of finishing touches lowers its present condition score. Furthermore, the absence of a garden, despite a quoted plot size, makes it less appealing to families looking for outdoor space. The £700,000 price tag requires further analysis of the recently completed sale prices of similar properties in the area to determine its overall value. A completed property in this desirable area, with this number of rooms, and in good condition, would likely fetch a higher price. Buyers should factor the expected cost of completion into their budget, which might influence the overall perception of value. Therefore, this property’s appeal will hinge on the potential for value appreciation post-completion and the buyer’s willingness to undertake or pay for the finishing touches.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 8
- Land
- 1
- Bedrooms
- 5
- Bathrooms
- 5
- Sqft (est)
- 2,234.59
- Lot (est)
- 3,079.12
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
- 377,300.00 £Increased by 2.31 %
- Est sale value
- 900,539.77 £Increased by 9.51 %
- Average area rental value
- 1,214.00 £/moDecreased by 5.45 %
- Est letting value
- 2,234.59 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.86 %Decreased by 7.66 %
- Crime Rate
- 9.00 %Unchanged by 0.00 %
Agent Activity
Milestone Sales & Lettings Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Eastbourne College | Other Independent School | 0.34 KM | |
| Gildredge House | Free Schools | Good | 1.32 KM |
| St Thomas A Becket Catholic Primary School | Voluntary Aided School | Good | 1.46 KM |
| Bourne Primary School | Community School | Good | 1.50 KM |
| Anderida Learning Centre | Other Independent Special School | Good | 1.67 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Connaught Road | £ 0 | 0 | 0.00 KM |
| Junction Road | £ 0 | 0 | 0.00 KM |
| Ivy Lane | £ 162,500 | 0 | 0.00 KM |
| Upper Avenue Roundabout | £ 0 | 0 | 0.00 KM |
| Saint Anne's Road | £ 313,833 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Eastbourne | 5448 | EBN | 0.43 KM |
| Hampden Park (Sussex) | 5450 | HMD | 3.43 KM |
| Polegate | 5455 | PLG | 7.31 KM |
| Pevensey And Westham | 5461 | PEV | 7.45 KM |
| Pevensey Bay | 5462 | PEB | 9.02 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| South Street, Eastbourne | £ 700,000 | BUY | 5 / 10 | 0.00 KM |
| Grange Gardens, Furness Road, Eastbourne | £ 365,000 | BUY | 7 / 10 | 0.05 KM |
| College Road, Eastbourne, East Sussex, BN21 | £ 314,950 | BUY | 8 / 10 | 0.06 KM |
| South Street, Eastbourne, BN21 | £ 170,000 | BUY | 5 / 10 | 0.06 KM |
| South Street, Eastbourne | £ 140,000 | BUY | 6 / 10 | 0.07 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3b College Road | £ 162,500 | 0.05 KM |
| 9a College Road | £ 145,000 | 0.05 KM |
| 9 College Road | £ 220,000 | 0.05 KM |
| 3a College Road | £ 150,000 | 0.05 KM |
| 52a South Street | £ 60,000 | 0.07 KM |