Studio flat · TN38 0BQ
No longer listedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor studio flat is located on St. Leonards seafront, close to a vast array of amenities, shopping facilities, restaurants, and bars as well as West St.
Leonards Station, all located within easy reach. Internally the flat has a well proportioned studio room with views of the sea, separate kitchen and bathroom with electric shower over the bath.
Additional benefits include electric heating and double glazing. Space and plumbing for a washing machine, space for undercounter fridge / freezer.
An annual household income of £20,250 is required to meet the affordability for this property.
Available early October 2026 Studio Room (4.4m x 3.9m (14'5" x 12'9")) Kitchen (2.0m x 1.9m (6'6" x 6'2")) Bathroom (1.85m x 1.34m (6'0" x 4'4" )) Council Tax Band A - £1,784.39 Per Annum
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2 Greeba Court, 54-56 Marina, St. Leonards-On-Sea
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