5-bedroom flat · TN34 1DJ
For saleReduced £25k (−7.7%) on 21 JulListed 405 days
Opportunity summary
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About
*Guide Price £325,000 to £350,000** ** investment/ renovation opportunity ** PCM Estate Agents are delighted to present to the market this incredibly rare opportunity to acquire this building arranged over five storeys.
Offered to the market chain free.
The property is currently divided into two dwellings, the lower ground floor section currently operates as a shop which occupies the entire lower ground floor level with its own private entrance.
The remaining four floors are currently laid out into offices/ reception rooms, as well as having its own separate utility, kitchen, two separate WC's and a shower room.
Located in the heart of Hastings town centre and is considered ideal for an investor, with unexplored potential for development, subject to the necessary planning and building consents.
Please call the owners agents now to avoid missing out on this opportunity.
Steps Rising To Upper Floor Accomodation/ Offices Private front door leading to: Entrance Hallway Stairs rising to upper floor accomodation, door leading to: Reception Room (5.36m into bay x 3.56m max (17'7 into bay x 11'8 m) Double glazed bay window to front aspect, air conditioning unit, further door to: Reception/ Office (4.09m x 3.81m max (13'5 x 12'6 max )) Fireplace, air conditioning unit, double glazed window to rear aspect, under stars storage cupboard, further door into: Utility (2.77m x 2.26m (9'1 x 7'5)) UPVC double glazed window to side aspect, further door to: Downstairs Wc Wash hand basin with mixer tap, low level wc, UPVC double glazed window to side aspect.
Half Landing Double glazed window to side aspect, storage cupboard, further stairs to main landing and door to: Wc Dual flush wc, wash hand basin, hot water heating appliance, double glazed window to rear aspect.
First Floor Landing Stairs rising to upper floor accommodation, doors to: Kitchen (4.01m x 3.00m (13'2 x 9'10)) Range of eye and base level units, integrated electric hob with extractor over and electric oven beneath, inset stainless steel sink, electric radiator, double glazed window to rear aspect, double doors leading to: Reception Room/ Lounge (4.95m x 5.33m into bay (16'3 x 17'6 into bay )) Feature fireplace, electric heater, double glazed bay window to front aspect, additional double glazed window.
Second Floor Landing Double glazed window to rear aspect, door to: Reception Room (3.00m x 2.74m (9'10 x 9')) Electric radiator, feature fire surround, door to: Shower Room Electric shower, extractor fan, dual flush wc, wash hand basin, double glazed frosted window to rear aspect.
Reception Room (4.93m x 4.32m (16'2 x 14'2)) Electric radiator, feature fireplace, laminate flooring, double glazed windows to front aspect.
Top Floor Landing With small half-landing, providing access to: Bedroom (3.63m max x 2.92m (11'11 max x 9'7 )) Skylight overlooking the rear aspect, electric heating.
Bedroom (4.45m x 2.82m max (14'7 x 9'3 max )) Double glazed window to front aspect.
Basement Level Steps down from street level to: Shop (8.43m x 4.67m (27'8 x 15'4)) Double doors opening to a large open plan space currently arranged for use as a shop, further door to: Kitchenette (2.36m x 2.26m (7'9 x 7'5)) Stainless steel sink, small range of under counter cupboards, further door into: Wc Single glazed window to side aspect.
Storage Unit (2.41m x 2.31m (7'11 x 7'7)) Single glazed door to a small courtyard. Epc Rating Upper Floors when used as a maisonette was an E Rating. Commercial/ whole unit is a G Rating.
More information available upon request.
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
FAQ
About 2, Cambridge Road, Hastings
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