2-bedroom flat · TN34 2RB
Listing removedListed 77 daysAuction 21 Oct · ended
Opportunity summary
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About
**For Sale By Auction on Tuesday 25 August 2026** *Guide Price £100,000 Vacant - Leasehold Ground & Lower Ground Floor Maisonette Description Vacant leasehold ground and lower ground floor property comprising an entrance hall, living/dining room, kitchen, two bedrooms (one with an en-suite shower room), and a bathroom.
Externally, the property benefits from a small courtyard accessed via the principle bedroom, a garage, and use of the communal gardens.
Situation The property is situated approximately 10 minutes from Hastings town centre and the seafront, which offer a wide range of local amenities, including coffee shops, cafs, restaurants, and leisure facilities.
Hastings railway station is approximately 3.0 miles away, providing services to London Victoria (approx 2 hrs).
Location Pin (What3Words): laser.bend.panel Ground Floor Entrance Hall - Living/Dining Room - 5.12 x 4.83 Kitchen - 3.24 x 1.86 Bedroom 2 - 2.76 x 2.56 Bathroom - 2.72 x 1.34 Lower Ground Floor Bedroom 1 - 3.79 x 3.15 En suite - 1.73 x 1.47 Total Floor Area - 94 sq.m.
(taken from EPC) NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,680 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE.
PLEASE ENSURE YOU READ THE SPECIAL CONDITIONS THOROUGHLY Tenure Leasehold - 999 year lease, from 24 August 2006 (approximately 979 years remaining) Ground Rent - Peppercorn Council Tax - Band C EPC Rating - D
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About Flat 2 Sandrock Hall, The Ridge, Hastings, TN34 2RB
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