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Royal Parade, Eastbourne

South East

£850,000
Listed on 28/12/2025

Property Details

Bedrooms
10
Type
Terraced house
Area
3466 sqft

Description

This Victorian townhouse, currently operating as a guest house, presents a significant investment prospect on Eastbourne's seafront. With ten en suite guest rooms and a generous self-contained owner's apartment, this property has already undergone extensive upgrades while retaining its period charm. Each guest room is thoughtfully designed with modern amenities and many offer stunning views of the sea or the nearby South Downs. The owner’s lower-ground apartment features essential living facilities and private access, making it ideal for both personal use and operational efficiency. Noteworthy improvements include a high-efficiency heating system, double-glazed windows for better insulation, and enhanced safety measures, ensuring the property meets contemporary standards. While well-maintained, there is still potential for further enhancement or diversification. Approved planning permission for a penthouse conversion opens up avenues for additional revenue streams or expanded living space. The spacious front terrace is another valuable asset that could be further developed to enhance guest experience or increase outdoor utility. Located in a thriving seaside destination with easy access to local amenities and attractions, this property is well-positioned for continued hospitality success or transformation into alternative uses. Whether you are looking to expand your investment portfolio or find a unique coastal home, this townhouse offers exceptional potential in an iconic setting.

Investment Analysis

(BN22 area)

Below Market Value

This property is priced -23.1% below area average per sq ft

-23.1%
Potential saving
This Property
£245/sq ft
Area Average
£319/sq ft
Avg Rent (weekly)
£258
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,216,219
10% above area average per sq ft
Potential ROI
+21.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (BN22)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -7.2%
5 year growth: +16.6%
Investment Disclaimer: Analysis based on BN22 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Royal Parade, Eastbourne
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,066
Based on a loan of £637,500 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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