4-bedroom house · TN34 3EG
Listing removedListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exceptional Grade II listed georgian semi detached building located in an iconic location within the heart of hastings historic old town.
Formerly "The Old Bakery" the property dates back to 1740 and is perfectly placed on George Street which is a pedestrianised, cobbled road home to local independant shops, antique stores, galleries and eateries.
It's also within immediate walking distance of the beach and both the East and West Hills.
Spanning five storeys the accommodation offers over 2,200 sqft of versatile living space together with 650 sqft commercial space arranged over the lower two floors.
The property benefits from two separate entrances enabling the commercial element to be a separate entity if required.
The residential space of the property has been used as a high end holiday apartment, sleeping eight guests comfortably and generating a nightly income of approximately £400.
Having been recently refurbished and professional styled the accommodation here is presented to an exceptional standard throughout, arranged as a four bedrom, four bathroom maisonette with two large reception rooms and a well equipped kitchen.
The commercial element of the building consists of a main office which benefits from a prominent window display facing on to George Street, there is a secondary office area on the ground floor and a cellar which provides a useful storage space.
There is also a small courtyard garden to the rear of the property, having also been refurbished to a high specification it can generate approximately £1,050 pcm. Being sold with no onward chain.
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
Agent & docs
FAQ
About 5, George Street, Hastings
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