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Lanterns, 1A Ashburnham Road, Eastbourne, East Sussex, BN21 2HU
Marketed by:
Auction House Sussex & Hampshire
37 Vernon Terrace, Brighton and Hove, Brighton BN1 3JH, UK
01273 201989
2 Bed Bungalow - Lanterns, 1A Ashburnham Road, Eastbourne, E
Lanterns, 1A Ashburnham Road, Eastbourne, East Sussex, BN21 2HU
For Sale
£360,000+
Key Features
2 Bed Bungalow
Guide price £360,000+
Current status: For Sale
Suggested strategy: BRRR / Resale
Description
2 Bed Bungalow at Lanterns, 1A Ashburnham Road, Eastbourne, East Sussex, BN21 2HU. Offered in the Auction House Sussex & Hampshire live-stream auction on 9 September 2026 at 2.30pm. Current catalogue status: For Sale.
Location
Lanterns, 1A Ashburnham Road, Eastbourne, East Sussex, BN21 2HU. Latitude and longitude use the full BN21 2HU postcode location rather than a broad postcode-district centre.
Investment Analysis
Investment Snapshot
Guide Price | £360,000+ |
Refurbishment / Works Budget | HB indicative £28,800–£72,000 |
Purchase + Works | £388,800–£432,000 |
Estimated GDV / Value | £432,000–£558,000 |
Estimated Private Rent | £1,625–£2,525 pcm |
Potential Annual Rent | £19,500–£30,300 pa |
Gross Yield on Guide | 5.4%–8.4% |
Suggested Strategy | BRRR / Resale |
Strategy Recommendation
Initial strategy: BRRR / Resale. The guide price is only the starting point; establish a maximum bid after checking legal pack, tenure, condition, finance, local rent and resale evidence.
Works Required
Obtain a property-specific survey and contractor quotations. Allow for services testing, compliance, decoration and any structural, roofing, damp, kitchen, bathroom, common-parts or external works identified.
Rental & Market Context
HB rent and value ranges are indicative appraisal estimates. Verify achievable rent, lease/service-charge exposure where relevant, local demand and current comparable evidence before bidding.
Sold within approximately 5 miles
Check recent HM Land Registry transactions and closely matched local comparables for property type, size, tenure, condition and micro-location before fixing GDV.
Potential BRRR Position
Refinance potential depends on completed condition, lender valuation, tenure and rental stress testing. Commercial and unusual assets may require specialist lending.
Flip Analysis
Indicative gross spread before transaction and finance costs is approximately £0–£169,200. This is not profit and excludes SDLT, auction/legal fees, finance, holding costs, professional fees, contingency, selling costs and tax.
Investor Risks & Due Diligence
Read the complete legal pack and special conditions
Verify tenure, occupancy, planning and title restrictions
Inspect condition and obtain contractor quotations
Confirm finance and insurance availability
Verify current rents and sold comparables
Allow for administration charges, buyer premiums and disbursements
Recommendation
Proceed only where verified total project cost supports the intended brrr / resale strategy with adequate contingency and margin.
Strategy Rating
Buy-to-Let: ★★★★☆ | BRRR: ★★★★☆ | Flip: ★★★☆☆
Auction Details :
Auction House Sussex & Hampshire
Auction Date :
09/09/26
Lot Number :
027
Property Location:
Lanterns, 1A Ashburnham Road, Eastbourne, East Sussex, BN21 2HU
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