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5 Dane Court, Dane Road, Seaford, East Sussex, BN25 1LN
Marketed by:
Auction House Sussex & Hampshire
37 Vernon Terrace, Brighton and Hove, Brighton BN1 3JH, UK
01273 201989
Vacant 2-Bed Leasehold Apartment in Seaford
5 Dane Court, Dane Road, Seaford, East Sussex, BN25 1LN
For Sale
£75,000+
• 2 Bedrooms
• Apartment
• Leasehold
• Vacant
• Rating C
Description
Vacant 2 x Bedroom First Floor Flat Requiring Refurbishment. Leasehold first floor flat in central Seaford requiring refurbishment. The property comprises; living room, kitchen, 2 x bedrooms and bathroom.
Accommodation
Living Room - 3.81m x 3.63m; Kitchen - 2.87m x 2.13m; Bedroom 1 - 3.63m x 3.35m; Bedroom 2 - 2.90m x 2.18m; Bathroom - 1.93m x 1.78m; Total Floor Area 45 sq.m. (taken from EPC)
Location
Dane Court is situated in Seaford town centre - within close proximity of local shops, seafront and Seaford railway station (London 2 hrs). Location Pin (What3Words): chuckle.ultra.prayers
Tenure / Property Information
Tenure |
Leasehold |
Lease |
125 year lease, from 25 March 1979 (approximately 77 years remaining). Ground rent - £50/£100/£150/£200 every 25 years. |
Occupancy |
Vacant |
EPC |
Rating C |
Council Tax |
Band A |
Investment Analysis
Recent same-building sales range from £95,000 to £110,000, with the latest supplied sale at £95,000 in January 2025. A base GDV of £105,000 is used, subject to condition, lease terms and legal-pack review.
Investment Snapshot
Guide Price |
£75,000 (plus fees) |
HB Estimated GDV |
£105,000 |
Estimated Monthly Rent |
£1,200 – £1,400 pcm |
Estimated Annual Rent |
£15,600 pa |
Gross Yield on Guide |
20.8% |
Strategy Recommendation
Potentially suitable for a value-led BTL or refurbishment purchase, but bid only after confirming refurbishment scope, lease details, service charges and legal-pack disbursements.
Works Required
Refurbishment is required, but the evidence does not specify the works or their extent. Obtain a detailed inspection and contractor quotations before bidding.
Rental & Market Context
HB Estimated Market Rent |
£1,200 – £1,400 pcm |
|
Search - Premier LetsPremier Lets — 2 bed — — Advertised asking rent |
£1,400 pcm |
|
Seaford | Phillip Mann — 2 bed — — Advertised asking rent |
£1,200 pcm |
Sold Comparables
The following completed sales were identified within approximately 5 miles:
|
Dane Court, Dane Road, Seaford, Lewes, Bn25 1ln |
£95,000 |
|
Dane Court, Dane Road, Seaford, Lewes, Bn25 1ln |
£110,000 |
|
Dane Court, Dane Road, Seaford, Lewes, Bn25 1ln |
£110,000 |
|
Dane Court, Dane Road, Seaford, Lewes, Bn25 1ln |
£114,999 |
|
Dane Court, Dane Road, Seaford, Lewes, Bn25 1ln |
£127,500 |
Potential BRRR Position
Base GDV |
£105,000 |
75% Refinance |
£78,750 |
At the £105,000 base GDV, 75% refinancing is approximately £78,750. The refinance outcome and cash left in cannot be established because refurbishment costs and other acquisition costs are unsupported.
Buy-to-Let Analysis
Advertised rental evidence is £1,200–£1,400 pcm, implying approximately 19.2%–22.4% gross yield on the £75,000 guide before refurbishment, administration and other costs. Achieved rent and total project costs are unconfirmed.
Flip Analysis
The supplied same-building sales support a £95,000–£110,000 GDV range. Flip profit cannot be calculated without a refurbishment budget and supported selling-cost allowance.
Investor Risks & Due Diligence
• Refurbishment scope and cost are unknown.
• Advertised rents are not achieved rents.
• Lease has approximately 77 years remaining.
• Administration fee is £1,750 at the guide price, with possible additional legal-pack disbursements and charges.
• Service charges and other leasehold costs are not provided.
Recommendation
Potentially suitable for a value-led BTL or refurbishment purchase, but bid only after confirming refurbishment scope, lease details, service charges and legal-pack disbursements.
Strategy Rating
HB Rating |
★★★☆☆ |
Analysis Confidence
Confidence |
Medium |
Supported by same-building completed sales and advertised rents, but refurbishment costs, service charges, parking, heating and full lease/legal details are unavailable.
Auction Details :
Auction House Sussex & Hampshire
Auction Date :
21/10/26
Lot Number :
Property Location:
5 Dane Court, Dane Road, Seaford, East Sussex, BN25 1LN
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