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See how verdicts work2-bedroom flat · TN38 0QP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
PCM Estate Agents are delighted to present to the market this chain free, two double bedroom, ground floor flat.
The property is being sold with a share of freehold and a lengthy lease, and also benefits from an allocated secure parking space. Offered to the market chain free.
Accommodation comprises a welcoming entrance hall with three useful storage cupboards, large lounge-dining room, modern fitted kitchen, two double bedrooms and a shower room.
Further benefits include use of the communal facilities including a laundry room, workshop, car washing bay, use of communal balcony and communal gardens.
Situated within this favourable region of St Leonards, just a short stroll from a vast range of amenities including shops, eateries, St Leonards seafront, promenade, Warrior Square railway station and nearby Gensing Gardens.
Offering spacious accommodation and excellent communal facilities within this convenient location, this property would make an ideal first time purchase or investment opportunity.
Early viewing comes highly recommended, please contact the owners agents today to arrange your viewing and avoid disappointment.
Communal Front Door With entry telephone system, opening to communal entrance hall, private front door opening to: Entrance Hall Three storage cupboards providing ample space for coats, shoes and additional shelving, radiator, entry telephone system, door to: Lounge-Diner (5.72m into bay x 4.95m (18'9 into bay x 16'3)) Two radiators, dual aspect double glazed windows to side and front aspects, with the front being a box bay window, door to: Kitchen (3.84m x 1.96m (12'7 x 6'5)) Comprising a range of eye and base level units, four ring gas hob with extractor fan above, eye level electric oven, stainless steel sink with mixer tap, cupboard housing the wall mounted gas boiler, part tiled walls, built in pantry style cupboard with additional shelving, space and plumbing for washing machine, double glazed window to side aspect.
Bedroom (4.50m x 2.62m (14'9 x 8'7)) Built in wardrobe with hanging space and shelving above, radiator, double glazed window to front aspect.
Bedroom 11'6 narrowing to 9'2 x 10' (3.51m narrowing to 2.79m x 3.05m) Radiator, built in wardrobe with hanging space abs shelving above, double glazed window to front aspect.
Shower Room Shower cubicle, wash hand basin, wc, tiled walls, chrome heated style towel rail, extractor fan.
Communal Facilities Use of laundry room, workshop, car washing bay, use of communal balcony and communal gardens. Tenure We have been advised of the following by the vendor.
Share of Freehold transferable upon the sale. Lease: 950 years remaining. Service Charge - tbc Ground Rent - None Letting: Allowed. Pets: With Permission.
Parking Secured allocated parking beneath the building, with up and over door, providing under cover access to the lifts.
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 Cumberland Gardens, St. Leonards-On-Sea
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