2-bedroom flat · TN38 0NA
Sold STCListed 121 daysAuction 21 Jul · ended
Opportunity summary
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About
Sold prior to auction, for an undisclosed amount **For Sale By Auction on Tuesday 21 July 2026** *Guide Price £75,000 Vacant Second Floor 2 x Bedroom Flat Requiring Modernisation Description Leasehold second floor flat within a period conversion.
The property comprises of a living room, kitchen, 2 x bedrooms and bath/WC. Situation The property is located within walking distance of local amenities and the seafront.
Hastings town centre with an array of shops, cafes, restaurants is approximately 1.3 miles away. St Leonards Warrior Square railway station is approximately 0.5 miles away.
Location Pin (What3Words): taker.drew.mutual Accommodation Hallway Reception Room - 4.93 x 4.93 Kitchen - 4.04 x 2.34 Bedroom 1 - 4.25 x 2.97 Bedroom 2 - 2.43 2.16 Bathroom/WC Total Floor Area - 63.4 sq.m.
NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, REFERRING TO BUYERS PREMIUM OF £1,500 (INC VAT) AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE.
PLEASE ENSURE YOU HAVE READ THE LEGAL PACK AND SPECIAL CONDITIONS THOROUGHLY Tenure Leasehold - 99 year lease, from 29th December 1987 (approximately 61 years remaining).
Ground rent - £25/£50/£75 rising every 33 years Council Tax - Band A EPC Rating - D
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
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 4, 1A West Hill Road, St Leonards-on-Sea, East Sussex, TN38 0NA
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