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See how verdicts work3-bedroom flat · TN37 6AY
For saleReduced £10k (−2%) on 13 OctListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set in the heart of St Leonards-on-Sea, this distinctive three-bedroom maisonette combines generous proportions, period character and an exceptionally convenient central location.
Arranged across four levels, the property offers flexible accommodation with an impressive principal reception room, three bedrooms and the unusual addition of three undeveloped lower-ground-floor rooms.
The property is approached from London Road, with the accommodation unfolding over a series of characterful levels. The principal living and dining room is an especially appealing feature of the home.
Tall windows allow plenty of natural light to fill the room, while white-painted floorboards and a beautifully detailed fireplace reinforce its period personality.
The generous proportions provide ample space for separate sitting and dining areas, creating a sociable room that works equally well for everyday living and entertaining.
The separate kitchen is warm, practical and well planned.
Timber-fronted cabinetry is paired with dark work surfaces and tiled flooring, providing extensive fitted storage and generous preparation space.
There is an integrated oven and hob together with room for everyday appliances.
Natural light and a good ceiling height make this a comfortable working kitchen, while the existing finish also offers scope for a future owner to update or personalise the room over time.
Three bedrooms are arranged across the upper floors, pleasantly separated from the principal living space.
Their flexible arrangement makes the property suitable for a variety of buyers, with space for family life, visiting guests, home working or creative use.
The bathroom facilities are distributed conveniently throughout the maisonette and include a main bathroom, an additional shower room and a separate WC.
A particularly unusual aspect of the property is the lower-ground floor, which contains three additional undeveloped rooms, including a workshop and two ancillary spaces.
In their present condition, these provide substantial storage, hobby or practical working space rarely found in such a central maisonette.
The lower-ground-floor rooms may offer longer-term potential for improvement.
However, they are not currently presented as established bedrooms or formal living accommodation, and any alterations or change of use would be subject to their condition, ventilation, building regulations, the terms of the lease and any other necessary consents.
London Road places the property at the centre of one of the most individual and creative parts of St Leonards-on-Sea.
Nearby Kings Road offers an eclectic collection of independent shops, cafés, bakeries and local businesses, while Norman Road is renowned for its galleries, restaurants, specialist shops and music venues.
The beach, seafront and promenade are also within convenient reach, providing coastal walks, open views and easy access to the town’s increasingly popular waterfront.
St Leonards Warrior Square railway station offers connections towards London, Brighton, Eastbourne and Ashford, while a wide range of everyday shops and services can be found close at hand.
The property is being offered with a new 999-year lease on completion together with a 75% share of the freehold. The remaining 25% freehold interest relates to the ground-floor commercial premises.
All tenure, service charge and freehold arrangements should be confirmed by the buyer’s legal representative.
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
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FAQ
About 51, London Road, St. Leonards-on-sea
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