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Myrtle Road, Eastbourne, BN22 - Image 1
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Myrtle Road, Eastbourne, BN22

South East

£175,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house

Description

This end-of-terrace two-bedroom house presents a valuable opportunity for anyone looking to invest or make their first home. The property requires modernization, which opens the door for creative updates that can significantly increase its value. Inside, you'll find a comfortable living room and a separate kitchen on the ground floor, providing a functional layout that can be enhanced with contemporary finishes. Additionally, there is a shower/utility room, adding convenience and potential for reconfiguration. Upstairs, both bedrooms are generously sized, allowing for an array of design possibilities to cater to various lifestyles. A bathroom completes this level, presenting another area that could benefit from thoughtful renovation. The outdoor space features a courtyard garden with a desirable south/westerly aspect—ideal for enjoying sunshine throughout the day and perfect for landscaping or creating an outdoor retreat. Location is key here; the property lies just a short distance from the seafront, offering easy access to coastal activities and local amenities. This presents not only lifestyle benefits but also enhances its attractiveness as a rental investment. With no onward chain, this house represents a blank canvas ready for transformation into a stunning home or an investment property with strong rental potential in a sought-after area.

Investment Analysis

(BN22 area)
Area Average
£323/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
37
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (BN22)

Area prices are stable by +0.7% over the last 12 months
3 year growth: -5.3%
5 year growth: 19.0%
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

Myrtle Road, Eastbourne, BN22
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£641
Based on a loan of £131,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE