1-bedroom flat · TN38 0DZ
For saleListed 108 days
Opportunity summary
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About
Architecture & history On the second floor of this iconic 1930s architectural Listed iconic building, a flat which is immaculately presented and ready to move into with some original features such as doors from the 1930s.
One large living room with a panoramic and direct view of the sea and the coast along to Beachy Head. One good sized double bedroom again with views of the sea.
Well-presented bathroom with shower and a decent sized kitchen with plenty of storage and is all set to live in with built in oven and induction ring hob, dishwasher, washing machine.
This is an ideal flat for seaside weekends or a year-round seaside home in which to enjoy life in the heart of fashionable St Leonards.
The flat has brand new carpets in the living room and bedroom, new flooring in the hallway and bathroom and is freshly decorated throughout.
Marine Court has a well-planned and well managed programme of renovation in place which entails a high se4rvice charge from all residents.
For this investment residents enjoy an unmatchable lifestyle in this wonderful building with all hot water included in the service charge, a concierge looking after the building and its residents 24/7, and daily rubbish collection from outside each flat.
Water rates are paid direct to Southern Water. Local Area & Transport Location, of course, is everything.
From this iconic 1930s building the hub of creative St Leonards with its many independent shops, cafes, galleries, cinema and restaurants is an easy walk away.
More importantly the seafront is across the road!
At street level within Marine Court there’s now an interesting array of useful shops, an outstanding Reformer Pilates Studio, independent galleries, a pottery and characterful cafes.
The historic Old Town with its atmospheric streets that have made Hastings one of the South Coast's most interesting cultural destinations are all within easy walking distance.
The wonderful open spaces of St Leonards Gardens are moments away, providing coastal views and open green space.
St Leonards Warrior Square railway station is a ten-to-fifteen-minute walk from the flat with regular services to London Charing Cross, London Bridge, Waterloo East, Canon Street and Victoria.
Also trains to Ashford International and to Brighton. Buses take you into the heart of the town and the seafront. There is also a funicular lift nearby for more leisurely trips into The Old Town.
Material Information Tenure: Share of Freehold Leasehold: 945 yrs left (From 10 July 1979 expiring on 24 March 2971) Service charge: £6754.02 per annum Property construction: Traditional Brick & Concrete Heating type: Electric Central Heating Utilities: Electricity, water, sewerage & broadband Electricity supply: Provided in-house and paid to MCFL.
Water supply & Sewerage: Mains connected via Southern Water (unmetered). Hot water included in service charges. Broadband: Download speed 11Mbps; Upload Speed 1Mbps.
Superfast available (d/s 80Mbps, u/s 20Mbps). Source: Ofcom Mobile signal/coverage: Likely external cover on all major networks. Variable internal cover linked to O2 & Vodafone.
Source: Ofcom Restrictions: Grade II Listed – Listing 1379435 and located within St Leonards East (Gensing) Conversation Area. Rights and easements: Shared communal entrances and lifts.
Flood risk: Low to very low risk of any type of flooding.
Source: uk Coastal erosion risk: Erodible, enforced by seawall to hold the line HL1 (maintain/replace coastal defence structures or manages beaches) 4C24.
Source: uk Planning permission: None known upon time of listing.
Source: Hastings Online Accessibility/adaptations: Lift Access Flight path: Not on a low-altitude airport flight path but, like most of East Sussex, does experience higher-altitude commercial overflights feeding into major London Airports.
Source: Flightradar24 Note: Approximately 50% of this fee is currently ring-fenced for the Major Works Programme of Marine Court, an investment designed to re-establish the building as the premier modernist address on the coastline.?
EPC rating: C.
Tenure: Share of freehold, Service charge description: Approximately 50% of this fee is currently ring-fenced for the Major Works Programme of Marine Court, an investment designed to re-establish the building as the premier modernist address on the coastline., Known building safety issues or planned/required works: None known upon time of listing Planning permissions: None known upon time of listing Mobile signal information: Likely external cover on all major networks.
Variable internal cover linked to O2 & Vodafone.
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 Marine Court, St Leonards On Sea, East Sussex, TN38
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