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See how verdicts work1-bedroom flat · TN34 1PQ
For saleReduced £15k (−17.6%) on 9 FebListed 740 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents are delighted to offer for sale an opportunity to secure this superbly presented one bedroom apartment in this purpose built managed block, catered to the over 60's.
Situated in the heart of Hastings town centre opposite the the seafront and promenade, within easy reach of comprehensive range of shopping, sporting, recreational facilities and mainline railway station.
The property enjoys benefits including double glazing, electric heating, modern kitchen and modern shower room, in house manager and use of communal facilities such as residence lounge and laundry facilities.
Early viewing is considered essential for those seeking a managed apartment in this perfectly convenient location. Call now to book your immediate viewing to avoid disappointment.
Communal Entrance Lobby Lift and stairs access to first floor, door to; Entrance Hall Entry phone receiver, phone point, airing cupboard with hot water cylinder and immersion heater.
Lounge-Dining Room (5.28m x 3.20m (17'4" x 10'6")) Double glazed window to rear aspect enjoying views over the communal gardens, electric storage heater, wall light points, phone point Kitchen (2.24m x 1.63m (7'4" x 5'4")) Fitted with a matching range of eye and base level cupboards and drawers with solid oak worktops and matching upstands over, freestanding electric cooker incorporated within the sale, inset circular stainless steel sink with mixer tap, space for tall fridge freezer, part tiled walls, wood flooring, coving to ceiling, extractor fan for ventilation, ample storage space.
Bedroom (4.27m x 2.62m (14'0" x 8'7")) Double glazed window to rear aspect, built in wardrobes, wall light point, electric panel heater.
Shower Room Large walk in electric shower with hand rail and seat, concealed cistern dual flush low level wc, vanity enclosed wash hand basin and chrome mixer tap, ladder style heated towel rail, partially aquaborded walls, part tiled walls.
Tenure We have been advised by the owner of the following; Lease: 59 years approximately Maintenance: Approximately £4602.83per annum Ground Rent: Approximately £507.76 per annum
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 4 Homedane House, Denmark Place, Hastings
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