2-bedroom flat · TN34 2PX
Sold STCListed 267 days
Opportunity summary
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About
PCM Estate Agents welcome to the market this deceptively spacious TWO BEDROOM APARTMENT with a FANTASTIC PRIVATE ROOF TERRACE in addition to ALLOCATED PARKING and a LENGTHY LEASE.
Inside the accomodation is spacious and comprises an entrance lobby, hallway with built in storage and utility cupboard, 19ft L SHAPED LIVING ROOM with BI-FOLD DOORS leading out onto a FANTASTIC ROOF TERRACE, MODERN KITCHEN, TWO DOUBLE BEDROOMS and a shower room.
Externally the property features ALLOCATED PARKING in addition to the aforementioned roof terrace which offers ample space for seating and entertaining, whilst enjoying a SUNNY ASPECT and a store room with lighting and power.
Located within the sought-after St Helens region of Hastings, within close proximity to Alexandra Park, whilst also being within easy reach of Hastings town centre with its mainline railway station.
Please call PCM Estate Agents now to arrange your immediate viewing to avoid disappointment.
Private Front Door - Leading to: Entrance Lobby - Radiator, door to: Entrance Hallway - Spacious with two built in storage cupboards, one of which offering ample space for tumble dryer, radiator, part glazed door to side aspect leading to the roof terrace.
Lounge-Diner - 19'9 x 16'10 narrowing to 10'5 (6.02m x 5.13m narrowing to 3.18m) Spacious L shaped room with bi-fold doors to side aspect leading to the roof terrace, two double glazed window to front aspect, two radiators, doorway to: Kitchen - 3.05m x 1.83m (10' x 6') - Modern and comprising a range of eye and base level units with worksurfaces over, four ring electric hob with extractor above, integrated oven and grill, inset one & ½ bowl sink with mixer tap, ample under cabinet space for appliances with a plumbing for dishwasher also.
Master Bedroom - 3.15m x 3.05m plus wardrobe (10'4 x 10' plus wardr - Range of built in wardrobes and drawers, double glazed window to front aspect, radiator.
Bedroom Two - 3.40m x 2.77m (11'2 x 9'1) - Double glazed window to front aspect, radiator.
Shower Room - Walk in double shower, wc, wash hand basin with ample storage below, built in storage cupboard, ladder style radiator, sky light.
Roof Terrace - A delightful feature of the property being private, secluded and offering ample space for outdoor seating and entertaining. There is also a separate store room with power.
Outside - Front - Allocated parking space. Tenure - We have been advised of the following by the vendor: Lease: Approximately 175 years remaining. Service Charge: As & When required.
Ground Rent: £50 per annum approximately Building Insurance: Approximately £350 per annum. Pets: Allowed
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.
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About Park Way, Hastings
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