2-bedroom terraced house · TN37 6JF
Sold STCReduced £25k (−10.6%) on 13 AugListed 104 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Period Cottage with Real Character Tucked away in a quiet part of St Leonards, this period cottage is a really interesting little house, with plenty of character and a good deal more personality than most.
It is set in a discreet location, but still within reach of local shops, schools, parks and Warrior Square station.
This is not a house that has been modernised to within an inch of its life, and that is very much part of its appeal.
It has clearly been lived in and cared for over a long period of time, and there is a warmth and individuality here that is quite hard to create artificially.
One of the main features is the handmade timber kitchen, which has been built with real care and suits the house extremely well.
It gives the property a sense of quality without feeling showy or out of keeping.
The accommodation includes two bedrooms, along with a boarded loft room, accessed by one of the more memorable details of the house - a concealed bookcase doorway leading to the stairs.
The loft room has a Velux window and provides useful additional space, with potential for different uses subject of course to any necessary consents.
Some buyers may want to make changes here and there, and there are areas that could be refreshed over time. But this is not a straightforward renovation project, nor should it be treated like one.
The value here is in the character and atmosphere and the fact that the house still feels individual.
For anyone looking for a period home with charm, craftsmanship and a bit of soul this is a lovely and rather unusual St Leonards cottage.
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 9, Spring Street, St. Leonards-On-Sea
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