3-bedroom flat · TN38 0JY
Listing removedListed 130 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property: Finished to a high standard throughout, this bright and spacious three bedroom first floor apartment offers period features, large windows and high ceilings throughout.
There is a large open plan living room to the kitchen, with built in oven/hob, fridge/freezer with space and plumbing for a washing machine, the apartment also enjoys a Juliette balcony to the front.
There are three good sized bedrooms, bathroom with shower over bath and a separate cloakroom.
The apartment has been redecorated throughout to include new carpets and benefits from one off road parking space.
The Location: Situated on Pevensey Road, the property is in a prime location for access to St Leonards Warrior Square Main Line Train Station, Kings Road which offers, coffee shops, popular eateries and public houses.
The apartment is also a short walk to the sea front which offers pleasant walks to both Hastings Old Town or Bexhill on Sea.
Hallway Living Room With Open Plan Kitchen (6.58m x 5.00m (21'7" x 16'4")) Bedroom (4.39m x 3.99m (14'4" x 13'1")) Bedroom (3.53m x 2.21m (11'6" x 7'3")) Bedroom (3.53m x 2.21m (11'6" x 7'3")) Bathroom Cloakroom
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 First Floor Flat 2, 5, Pevensey Road, St Leonards-On-Sea
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