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Victoria Drive, Eastbourne BN20

South East

£340,000

Listed on 07/07/2026

Property details

Bedrooms
3
Type
Detached house
Area
1333 sqft

Description

This three-bedroom, two-reception room semi-detached house in Old Town presents a significant opportunity for those looking to invest in a renovation project. Positioned conveniently near the popular Albert Parade and Victoria Medical Centre, this property requires comprehensive modernisation throughout. The ground floor layout includes a Lounge, Dining Room, Kitchen, and Cloakroom, while the first floor houses three Bedrooms; interestingly, the smallest is currently configured as a Kitchenette with an adjoining Wet Room. A Loft Room on the upper level provides far-reaching views of the South Downs, adding further appeal to this property. Local amenities include schools for various age groups and access to bus services facilitating travel into Eastbourne. Offering chain-free sale, this home is ripe for transformation into a modern living space.

Investment analysis

(BN21 area)

Below Market Value

This property is priced -17.5% below area average per sq ft

-17.5%
Potential saving
This Property
£255/sq ft
Area Average
£309/sq ft
Avg Rent (weekly)
£243
Avg Yield
4.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£453,527
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (BN21)

Area prices are falling by -6.1% over the last 12 months
3 year growth: -2.7%
5 year growth: -3.9%
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

Victoria Drive, Eastbourne BN20
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,284
Based on a loan of £255,000 over 30 years at 4.45% 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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