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Grenville Road, BN24 - Image 1
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Grenville Road, BN24

South East

£185,000
Listed on 28/12/2025

Property Details

Bedrooms
2
Type
Flat
Area
728 sqft

Description

This two-bedroom ground floor flat, located just a short walk from the beach, presents a solid opportunity for renovation and investment. While the property requires updating, it boasts a spacious layout including two double bedrooms, a living room with dual aspect views of the beach, an ample shower room, and a kitchen that offers potential for modernisation. The flat currently utilizes electric heating but has gas available that has yet to be connected, allowing for further enhancement of the property's heating system. Outside, you’ll find a paved area perfect for outdoor seating as well as access to well-kept communal gardens leading to the beach. With its desirable location near local amenities and transport links to Eastbourne and beyond, this flat is offered chain-free and encourages prospective buyers to explore its full potential through thoughtful refurbishment.

Investment Analysis

(BN24 area)

Below Market Value

This property is priced -31.3% below area average per sq ft

-31.3%
Potential saving
This Property
£254/sq ft
Area Average
£370/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£296,136
10% above area average per sq ft
Potential ROI
+41.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
14
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (BN24)

Area prices are rising by +2.8% over the last 12 months
3 year growth: 1.3%
5 year growth: 19.7%
Investment Disclaimer: Analysis based on BN24 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

Grenville Road, BN24
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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
£678
Based on a loan of £138,750 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