2-bedroom flat · TN39 3TS
For saleReduced £15k (−6.4%) on 24 SepListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free.
A well presented two bedroom first floor 'Larkin' apartment situated a short distance from Little Common Village and on the 99 bus route providing links to Bexhill, Hastings & Eastbourne.
The accommodation comprises; large entrance hall, dual aspect lounge, enclosed south facing sun room, re-fitted kitchen, two bedrooms, modern shower room with WC and separate WC.
Outside there is a garage en-bloc. EPC - C. Communal Entrance Hall Accessed via communal entrance door with stairs to first floor landing.
Private Entrance Hall Accessed via private entrance door, radiator, three built in storage cupboards with shelving.
Lounge 14' 6" x 14' 0" (4.42m x 4.27m) A dual aspect room double glazed windows to the side and front, two radiators, door leading to sunroom.
Enclosed Sun Room 13' 8" x 6' 3" (4.17m x 1.91m) Double glazed windows with outlook to the front of the property, TV point.
Kitchen 12' 8" x 10' 8" (3.86m x 3.25m) Double glazed window having an outlook over the side of the property, a modern kitchen comprising; single bowl stainless steel sink unit with mixer tap and cupboards under, further range of cupboards and drawers with working surfaces over, range of matching wall mounted cupboards, built-in four ring gas hob with glass splashback, extractor hood over, cupboards to either side, tall storage unit housing electric oven with storage above and below, built-in and concealed slimline dishwasher, space for washing machine, freestanding fridge/freezer, cupboard housing mounted combination gas boiler.
Bedroom One 14' 0" x 13' 11" (4.27m x 4.24m) Double glazed windows overlooking the front and side of the property, radiator.
Bedroom Two 13' 1" x 11' 6" (3.99m x 3.51m) Double glazed window with outlook over the side of the property, radiator, storage cupboard.
Bathroom Large shower tray with independent shower over and glass screen, low-level concealed cistern WC, inset wash hand basin with mixer tap cupboards and drawers under, ladder radiator, frosted glass double glazed window, tiled wall, tiled floor, extractor fan, spotlights.
WC Concealed cistern low level WC with drawers to either side, wash hand basin with part tiling to walls, tiled floor frosted glass double glazed window, radiator.
Garage Located to the rear of the property with electric up and over door.
Nb We have been advised of the following; Share of freehold 999 year lease from 1962 £10 per annum ground rent Service charge - £1750 per annum including water rates
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
FAQ
About Drake House, Birkdale, Bexhill-on-Sea
Explore nearby