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Seaside, Eastbourne

South East

£600,000
Listed on 21/10/2025

Property Details

Bedrooms
13
Type
Terraced house
Area
5190 sqft

Description

Presenting a rare investment opportunity, this property comprises two interconnected Grade II listed buildings situated in the vibrant Seaside area of Eastbourne. The current configuration features a blend of commercial spaces on the basement, ground, and first floors, alongside a three-bedroom self-contained flat occupying the entire top floor. The layout of the buildings allows for various potential uses and renovations. On the ground floor of 56 Seaside, you'll find a welcoming entrance hall leading to multiple rooms, including a spacious front room with a bay window that captures natural light. Two additional reception rooms provide ample space for an office or business needs. The kitchen is generously sized at 22’11 x 9’8 and opens to the rear garden, offering possibilities for modernization or redesign. Moving upstairs to the first floor, there are several offices that present opportunities for conversion into residential units (subject to planning permissions), enhancing the overall value of the property. The second building at 58 Seaside includes a lounge and additional rooms with ensuite facilities—elements conducive to reimagining as flats or extending residential accommodations. Located close to Eastbourne's bustling seaside promenade and local amenities, this property benefits from its proximity to schools, shops, and transport links. Given its listed status, any renovation plans would need to respect historical guidelines but could lead to significant gains in value through thoughtful updates. This unique combination of commercial and residential spaces not only presents immediate utility but also significant potential for capital growth through redevelopment efforts in a sought-after location. As such, it offers both an attractive proposition for investors looking to capitalize on Eastbourne's ongoing development trends and homeowners seeking a substantial project with long-term benefits.

Investment Analysis

(BN22 area)

Below Market Value

This property is priced -64.2% below area average per sq ft

-64.2%
Potential saving
This Property
£116/sq ft
Area Average
£323/sq ft
Avg Rent (weekly)
£277
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £350,000
Target Value
£1,842,009
10% above area average per sq ft
Potential ROI
+93.9%
After renovation
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

Seaside, Eastbourne
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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
£2,198
Based on a loan of £450,000 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