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Michel Grove, Eastbourne, East Sussex, BN21 - Image 1
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Michel Grove, Eastbourne, East Sussex, BN21

South East

£99,950
Listed on 12/05/2026

Property Details

Bedrooms
3
Type
Flat

Description

This property presents a significant investment opportunity for cash buyers, featuring a two/three bedroom purpose-built apartment located in the central area of Upperton. The flat is conveniently situated within easy reach of the Town Centre and Train Station, providing direct access to London, Gatwick, and Brighton. Positioned on the second floor, it includes an inviting entrance hall, a spacious living area, a flexible third bedroom that can serve as a dining room with access to a private balcony, a fitted kitchen, and two additional double bedrooms. Although the apartment requires comprehensive refurbishment throughout, it offers a tremendous chance for buyers aiming to enhance its value. Notably, the property comes with the added advantage of a garage and a storage room. Please keep in mind that this property is being sold under a 25-year lease.

Investment Analysis

(BN21 area)
Area Average
£310/sq ft
Avg Rent (weekly)
£248
Avg Yield
4.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (BN21)

Area prices are falling by -11.7% over the last 12 months
3 year growth: -6.3%
5 year growth: -6.8%
Investment Disclaimer: Analysis based on BN21 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

Michel Grove, Eastbourne, East Sussex, BN21
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£357
Based on a loan of £74,962 over 30 years at 3.97% 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.

Stamp Duty Calculator

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