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Michelham Close, Eastbourne, East Sussex, BN23 - Image 1
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Michelham Close, Eastbourne, East Sussex, BN23 - Image 3
Michelham Close, Eastbourne, East Sussex, BN23 - Image 4
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Michelham Close, Eastbourne, East Sussex, BN23 - Image 9
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Michelham Close, Eastbourne, East Sussex, BN23

South East

£295,000
Listed on 25/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
989 sqft

Description

Situated in a serene cul-de-sac in the sought-after Langney area, this three-bedroom semi-detached home presents an intriguing opportunity for renovation or investment. The property is well-positioned within a friendly community, providing easy access to local schools, shops, and parks. Additionally, it is conveniently located just a short drive from Eastbourne’s vibrant seafront and town center. This residence boasts owned solar panels, which contribute to energy efficiency and lower monthly expenses. The front of the property features off-road parking and a garage, ensuring ample space for vehicles and extra storage options. Upon entering, you'll find a bright hallway leading to a practical downstairs W/C. The expansive kitchen/diner runs the full width of the home, offering generous space that could be modernized to create an inviting open-plan area perfect for family gatherings or entertaining guests. While the kitchen is in need of updates, it currently provides substantial storage and layout potential. The living room overlooks the front garden and benefits from plenty of natural light, creating a welcoming atmosphere for relaxation. Upstairs, you’ll discover three well-sized bedrooms outfitted with new laminate flooring and fresh carpeting on the stairs that enhances its clean aesthetic. The bathroom offers an appealing design with a spacious bath and quality fittings, adding a touch of elegance to daily routines. The rear garden provides a private retreat with opportunities for landscaping or adding seating areas tailored to your preferences. In summary, this home offers a blend of comfort and practicality while presenting significant renovation potential in one of Eastbourne’s desirable neighborhoods. With its energy-efficient features and spacious layout, it's an ideal canvas for new owners to personalize according to their vision and needs.

Investment Analysis

(BN23 area)

Below Market Value

This property is priced -12.9% below area average per sq ft

-12.9%
Potential saving
This Property
£298/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£297
Avg Yield
5.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£10,000 - £20,000
Target Value
£372,388
10% above area average per sq ft
Potential ROI
+18.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (BN23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -6.1%
5 year growth: 9.8%
Investment Disclaimer: Analysis based on BN23 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

Michelham Close, Eastbourne, East Sussex, BN23
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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
£1,081
Based on a loan of £221,250 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