1-bedroom flat · TN34 3RT
For saleListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents welcome to the market an opportunity to acquire this first floor converted one bedroom flat.
Conveniently located on a sought-after road within Hastings, on the outskirts of the West Hill region of the town, and just a short stroll from the town centre itself, with a vast range of amenities including mainline railway station and convenient links to London.
Occupying the entire first floor of this older style victorian building, the property has a welcoming entrance hall, spacious lounge with kitchen having a large bay window to the rear, with lovely townscape views and views to the sea.
In addition there is a double bedroom, a lovely bathroom with bath and shower, and a separate WC.
Viewing comes highly recommended, please contact the owners agents now to book your appointment and avoid disappointment.
Communal Front Door Opening to: Communal Entrance Hall Staircase rising to first floor landing.
Private front door opening to: Private Entrance Hall Large double glazed patterned glass window to side aspect, radiator, wall mounted entry phone system, wall mounted control for central heating, consumer unit for electrics.
Door to: Open Plan Lounge-Dining Room-Kitchen (5.66m x 5.21m into bay (18'7 x 17'1 into bay)) Impressive open plan reception space, deep double glazed window to rear aspect with some lovely townscape views and views of the sea.
The kitchen area is fitted with a range of fitted eye and base level cupboards and drawers, work surfaces over, electric hob with fitted cooker hood and oven below, inset drainer sink unit with mixer tap, space for appliances such as washing machine, under counter fridge and under counter freezer.
High ceilings with cornicing, two radiators. Bedroom (5.23m into bay x 4.11m max (17'2 into bay x 13'6) High ceiling with cornicing, radiator, double glazed bay window to front aspect.
Bathroom Panelled bath with mixer tap and shower attachment, separate walk-in shower enclosure with rain style shower head and handheld shower attachment, downlights, extractor for ventilation, heated towel rail, part tiled walls, wall mounted cupboard housing boiler and additional storage space, vanity enclosed wash hand basin with mixer tap, double glazed window to front aspect.
Separate Wc Concealed cistern low flush w, heated towel rail, double glazed patterned glass window to side aspect.
Tenure We have been advised of the following by the vendor - Lease: Approximately 960 years remaining. Service Charge: Approximately £2600 per annum. Ground Rent: Approximately £50 per annum.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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 Flat 2, 129, Milward Road, Hastings
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