2-bedroom flat · TN38 0QY
Sold STCListed 165 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM RETIREMENT APARTMENT for the over 55's, with PRIVATE GARDEN, GARAGE and OFF ROAD PARKING situated in a sought after pocket of St. Leonards On Sea.
Enviably positioned close to MARKWICK AND GENSING GARDENS, it is just a short stroll from the hub of St Leonards where there are independent shops, eateries and galleries.
Spanning the GROUND FLOOR, the accommodation here offers HUGE SCOPE FOR MODERNISATION and is arranged as a living room, which measures an impressive 17'11 x 10'0, and separate kitchen with FITTED UNITS.
There are two DOUBLE BEDROOMS together with a bathroom enjoying a bath and shower over, plus a HANDY CLOAK CUPBOARD.
To the front of the property there is a garden with an EXPANSE OF LAWN whilst to the back there is a PRIVATE GARAGE and parking space.
Being sold with NO ONWARD CHAIN and SCOPE TO MODERNISE, this property would make the perfect seaside retreat and is not to be missed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Charles Road, St. Leonards-On-Sea
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