2-bedroom flat · TN39 3HP
Sold STCReduced £10k (−5.3%) on 19 MayListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented two bedroom ground floor apartment situated in a sought after and highly convenient location, within very close proximity to Bexhill picturesque seafront, De La Warr Pavilion, Bexhill Town Centre which offers a wide range of amenities and the train station offering direct links to London Victoria, London Gatwick and Ashford International.
Offering bright and spacious accommodation throughout the property comprises large living/dining room with access to a private balcony, two double bedrooms, a modern fitted kitchen, modern shower room.
Other internal benefits include gas central heating to radiators and double glazed windows and doors throughout. Viewings come highly recommended by Rush Witt & Wilson sole agents.
Communal Entrance Hallway - Leading to: Private Entrance Hallway - Entrance door, entry phone system, radiator, storage cupboard, doors off to the following: Living/Dining Room - 8.28m x 3.61m (27'2 x 11'10) - Dual aspect with double glazed windows to the front and rear elevations, views to the front looking out onto Edgerton Park, double glazed panelled French doors with access onto the sun balcony, two double radaitors.
Kitchen - 2.87m x 2.46m (9'5 x 8'1) - A modern fitted kitchen with a range of matching wall and base level units, laminate straight edge worktop surfaces, sink with side drainer, space for free standing cooker, space for free standing fridge/freezer, space for dishwasher, tiled splashbacks, extractor canopy, gas central heating boiler.
Bedroom One - 4.09m x 3.53m (13'5 x 11'7) - Double glazed window to the front elevation, double radiator, additional wall mounted electric radiator, built in wardrobe cupboard with hanging space.
Bedroom Two - 4.27m x 3.00m (14'0 x 9'10) - Double glazed window to the front elevation, two sets of built in wardrobe cupboards, double radiator.
Shower Room - A modern suite comprising low level wc, pedestal mounted wash hand basin with mixer tap, large walk in shower cubicle with wall mounted shower controls, chrome shower attachment and chrome shower head, linen cupboard with shelving, chrome heated towel rail, tiled walls and tiled flooring, obscure double glazed window to the rear elevation.
Lease & Maintenance - There are 933 years remaining on the lease. Annual ground rent is £11.00 as advised by the vendor. Annual service charge is £2700.00 as advised by the vendor.
Agents Note - Council Tax Band - C Fixtures and fittings: A list of the fitted carpets, curtains, light fittings and other items fixed to the property which are included in the sale (or may be available by separate negotiation) will be provided by the Seller's Solicitors.
Important Notice: 1. Particulars: These particulars are not an offer or contract, nor part of one.
You should not rely on statements by Rush, Witt & Wilson in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value.
Neither Rush, Witt & Wilson nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s).
2. Photos, Videos etc: The photographs, property videos and virtual viewings etc. show only certain parts of the property as they appeared at the time they were taken.
Areas, measurements and distances given are approximate only. 3.
Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained.
A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4.
VAT: The VAT position relating to the property may change without notice. 5. To find out how we process Personal Data, please refer to our Group Privacy Statement and other notices at
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
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FAQ
About Park Avenue, Bexhill-On-Sea
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