3-bedroom flat · TN38 0JE
Listing removedReduced £15k (−6.7%) on 20 JunListed 153 days
Opportunity summary
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About
PCM Estate Agents are delighted to present to the market an opportunity to acquire this chain free three bedroom first and second floor maisonette.
Conveniently positioned in the heart of central St Leonards, just a short stroll from a vast range of local independent amenities including artisan shops, bakeries, coffee shops and of course St Leonards seafront, promenade and Warrior Square railway station with convenient links to London.
This maisonette offers well-appointed and well-proportioned accommodation over two floors comprising a 17ft lounge-diner, fitted kitchen, modern bathroom and three bedrooms.
The property is accessed via a communal entrance hall. There are double glazed windows to the rear and wooden framed sash windows to the front.
The property retains a lot of its character with high cornicing, exposed painted wooden floorboards and fireplaces.
There are also modern comforts alongside the character and charm including gas central heating. Viewing comes highly recommended, please call the owners agents now to book your viewing.
Communal Front Door Leading to communal entrance hall, private front door to: Entrance Hall Stairs rising to the half-landing, exposed painted wooden floorboards, radiator, double glazed tilt and turn window to rear aspect, stairs rising to: First Floor Hall Exposed painted wooden floorboards, stairs rising to the second floor accommodation, doors opening to: Lounge-Dining Room (5.28m x 3.89m (17'4 x 12'9)) Exposed painted wooden floorboards, high ceilings with cornicing, panelled ceiling, double radiator, television and telephone points, fireplace, sash window to front aspect.
Kitchen (3.25m x 2.84m (10'8 x 9'4)) Recent renovated and fitted with a matching range of eye and base level cupboards and drawers with worksurfaces over, part tiled walls, vinyl flooring, wall mounted boiler, inset drainer-sink unit with mixer tap, space for tall fridge freezer, space and plumbing for washing machine, electric hob with oven below, two double glazed windows to rear aspect.
Bathroom Panelled bath with shower and glass shower screen, pedestal wash hand basin, low level wc, double radiator, extractor fan for ventilation.
Second Floor Half Landing Exposed painted wooden floorboards, double glazed window to rear aspect with views over St Leonards and partial sea views, stairs rising to: Main Landing Exposed painted floorboards, access to: Bedroom (4.27m x 3.25m (14' x 10'8)) Exposed painted wooden floorboards, fireplace, built in cupboard, radiator, double glazed window to rear aspect with pleasant views over the properties and to the sea.
Bedroom (4.17m x 3.23m (13'8 x 10'7)) Exposed painted wooden floorboards, double radiator, fireplace, built in cupboard, two sash windows to front aspect.
Bedroom (2.82m x 1.73m (9'3 x 5'8)) Radiator, exposed wooden floorboards, sash window to front aspect.
Tenure We have been advised of the following by the vendor: Lease: 976 years remaining Service Charge: 40% of all costs includes Building Insurance Ground Rent: Peppercorn Letting: Allowed Air BnB: Unsure Pets: Allowed with consent
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About First & Second Floor Maisonette, 35, Silchester Road, St. Leonards-On-Sea
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