Modern Method of Auction
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We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom terraced house · TN34 1RP
For saleListed 471 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Modern Method of Auction; Starting Bid Price £365,000.00 plus Reservation Fee.
Your Move Hastings are delighted to bring to the market this freehold block of apartments and commercial unit in Hastings town centre.
Located a short walk form local shops and queens road high street, Hastings mainline railway station, Alexandra park and Hastings seafront.
The property benefits from a commercial unit on the ground floor, currently tenanted, the unit caters for open studio space, utility room and basement.
The residential accommodation comprises a one bedroom flat and three bedroom maisonette. Refurbished throughout with new carpets and refit of UPVc double glazed windows to the building.
The one bedroom flat benefits from open plan kitchen / living room with large double glazed bay window, large double bedroom and bathroom with panel bath, LLWC and pedestal basin.
The 3 bedroom maisonette comprises large bright and airy living space with sperate kitchen. three double bedrooms and bathroom with panel bath, LLWC and wash hand basin.
The two residential flats benefit from gas central heating with EPC grade of D. We recommend getting in touch with this properties sole agent to arrange for a viewing. Call YOUR MOVE Hastings on .
Flat 1: EPC D Flat 2: EPC D Shop: EPC C IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HAS250269/2 Agents Note This property is for sale by the Modern Method of Auction.
Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee.
This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would (truncated) Shop Private entrance with open studio space with large glass windows giving 180 degree view of queens road and Alexandra park.
Utility cupboard with stainless steel sink and access to basement. Communual Area Carpeted floors with intercom system to residential flats.
1 Bedroom Flat: 1st Floor Entrance Hall Carpeted floor with intercom system and built in storage cupboards. Wall mounted central heating system.
Kitchen / Living Room 4.7m x 3.7m Open plan kitchen / living space with wood laminate flooring, high gloss white base and wall units, stainless steel sink and space for appliances.
Dual aspect double glazed window to side and front, large bay window looking out to Alexandra Park.
Bedroom 3.25m x 2.62m Large double bedroom with carpeted floor and a range of double glazed windows to front aspect. Built in storage cupboard.
Bathroom 2.95m x 2.13m Bathroom benefits from vinyl flooring, panel bath with shower attachment, LLWC and pedestal basin. Hot towel rail and rear facing double glazed window.
3 Bedroom Maisonette: 2nd floor Entrance Hall Internal stairwell from flat front door, carpeted floor with intercom system and built in storage cupboards.
Living Room 4.57m x 3.66m Bright and airy living space with carpeted floor, dual aspect double glazed windows to side and front aspect, large double glazed bay window over looking queens road and out towards Alexandra park.
Kitchen 2.9m x 2.03m Vinyl flooring with a range of coloured shaker style base wall units.
Integrated fan assisted oven and electric hob, stainless stell sink, room for appliances and wall mounted gas central heating system. Rear facing double glazed window.
3rd Floor Bedroom 3.73m x 3.56m Large double bedroom with carpeted floors and a range of double glazed windows to side aspect.
Bedroom 3.56m x 2.54m Carpeted floor with radiator and front facing double glazed window. Bedroom 2.64m x 2.51m Carpeted floor with radiator and front facing double glazed window.
Bathroom 2.82m x 2.54m Bathroom benefits from vinyl flooring, panel bath with shower attachment, LLWC and pedestal basin. Rear facing Velux window.
Leasehold Infomation: Freehold Block EPC Flat 1: EPC D Flat 2: EPC D Shop: EPC C
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Queens Road, Hastings, East Sussex, TN34
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