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Michelham Close, Eastbourne, East Sussex BN23 - Image 1
Michelham Close, Eastbourne, East Sussex BN23 - Image 2
Michelham Close, Eastbourne, East Sussex BN23 - Image 3

Michelham Close, Eastbourne, East Sussex BN23

South East

£295,000
Listed on 13/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
989 sqft

Description

Situated in a peaceful cul-de-sac within the highly sought-after Langney area, this three-bedroom semi-detached property presents a promising opportunity for families or investors looking to capitalize on its potential. The location boasts excellent accessibility to local amenities including schools, shops, and parks, and is conveniently situated just a short drive from Eastbourne's vibrant seafront and town centre. The home features solar panels that enhance energy efficiency, thereby reducing ongoing utility costs. Ample off-road parking and a garage are available at the front, catering to both vehicle accommodation and additional storage needs. Upon entry, you're greeted by a bright hallway complete with a downstairs W/C which adds to the home's practicality. The kitchen/diner is generously sized and runs across the width of the house; it holds significant promise for modernisation to create an open-plan living space suited for social gatherings or family dining. While currently functional, updates could unlock its full potential. The living room offers a welcoming atmosphere with natural light flooding in from the front, creating an inviting setting perfect for leisurely evenings. Upstairs reveals three well-sized bedrooms showcasing newly fitted laminate flooring throughout, complemented by fresh carpeting on the stairs for a cohesive modern look. The bathroom stands out with its tasteful design featuring a spacious bath and high-quality fittings that add an element of luxury. The rear garden provides a tranquil retreat with ample opportunity for landscaping or creating personalized outdoor seating areas. In summary, this residence offers an appealing mix of comfort and practicality while presenting considerable scope for renovation. Its energy-efficient features coupled with spacious interiors make it an ideal canvas for those looking to inject their own style and flair.

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
£15,000 - £30,000
Target Value
£372,388
10% above area average per sq ft
Potential ROI
+14.6%
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