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16 Meads Street, Eastbourne, East Sussex

South East

£130,000
Listed on 02/04/2026

Property Details

Bedrooms
1
Type
Apartment
Area
480 sqft

Description

This one-bedroom property, set within a distinctive period building, presents a compelling opportunity for investors and first-time buyers alike. The interior features plenty of natural light thanks to multiple windows which create a bright and inviting atmosphere. The living area is spacious and offers flexibility for modern updates, while the adjoining kitchen provides essential fitted units and space for appliances, making it suitable for sociable living. The bedroom stands out with its unique bay-style window, adding character and charm to the space. The separate shower room is functional but could benefit from contemporary enhancements. Located near the seafront, this property has easy access to local shops, cafes, and transport links, enhancing its appeal for those looking to invest in a location that combines coastal lifestyle with everyday convenience. Given the potential improvements needed in both aesthetics and functionality, this home is an excellent candidate for renovation. Prospective buyers should also consider the service charge implications when assessing financing options. Overall, early viewing is encouraged to appreciate the property's investment potential.

Investment Analysis

(BN20 area)

Below Market Value

This property is priced -26.8% below area average per sq ft

-26.8%
Potential saving
This Property
£271/sq ft
Area Average
£370/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£195,254
10% above area average per sq ft
Potential ROI
+18.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN20)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -6.4%
5 year growth: +4.6%
Investment Disclaimer: Analysis based on BN20 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

16 Meads Street, Eastbourne, East Sussex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£460
Based on a loan of £97,500 over 30 years at 3.91% 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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